Rebates are currently calculated based on historical shipments and receipts and the reconciled at the end of each quarter. Discounts are flagged by systems and manually taken. Record keeping is tedious, manual and consistently reconciled by multiple enterprise personal adding time and expense.
Goals and Objectives
Intelligent rebates and discount captures automatically in real time and on a continuous basis, rebates for all purchases linked to a rebate program and discounts offered from suppliers.
Enterprise Hardware, Personal devices, Cloud, Big data/analytics, Mobile, Applications, Connectivity Services, Cognitive, Blockchain
Use Case Summary
P-cards and discounts are intelligently captured in real time, with continuous reconciliation between the buying enterprise and suppliers. Organizations know the exact rebate and discount amounts and apply to the correct contracts, purchase orders and invoices.