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Have you ever missed out on a rebate offer because you lost track of it or let it slip by? It’s something most of us have done and regretted. Missing out on a grocery store rebate is no big deal, but repeatedly missing out on valuable business-related rebates could seriously impact your success.
Now there is an easy way to keep track of rebates in Microsoft Dynamics 365 Finance and Operations. Make sure that you and your customers never again miss out on rebate revenue. The solution is 365VendorRebate, available on App Source, and it is part of our new Distribution Solution Series for Dynamics 365 Finance and Operations.
Find 365VendorRebates on Microsoft AppSource here.
A priority of any wholesale business is the acquisition and retention of customers. Business owners use various tactics to make their offers appeal to potential customers. Discounts and rebates have proven to be a valuable tool. Manufacturer’s rebates benefit both you and your customers, but only if they are managed properly. Rebates that you offer your customers can make the difference in their choosing to do business with you. Show them that you are interested in saving them money, and they will reward you with their loyalty.
Because there are many and varied rebates being offered by manufacturers, managing those rebates can be quite a challenge. Besides keeping track of them, you have to know exactly how to apply them to customer orders for them to be valid. A missed rebate is a wasted opportunity to provide your customers with top service and top value.
Timing the use of rebates is a skill. The faster a rebate is claimed, the sooner it will positively affect cash flow. While Microsoft Dynamics 365 Finance and Operations can manage open trade agreements and effectively handle rebates and discounts, it cannot automatically claim rebates from the manufacturers. Our 365VendorRebates solution closes the gap and enables wholesalers to:
• Proactively increase sales with rebate offers
• Make sure all rebates are claimed promptly
• Reduce errors and delays in the claim submission process
• Maximize profits on each transaction
When you are able to track and facilitate both customer and manufacturer rebates, you can use them to maximize your marketing and sales efforts. You can generate sales campaigns in alignment with rebate programs and stimulate sales by taking advantage of current discounts and program expiration dates. These programs can be developed jointly with a manufacturer (with the potential for co-funding) or independently by the distributor to target specific sales growth goals.
Western Computer’s 365VendorRebates for Dynamics 365 will automatically post the wholesaler’s rebate claim with the manufacturer, thus ensuring that the sales transaction is accurately recorded and linked to the rebate offer. The system then completes the rebate claim with the manufacturer. Specifically, 365 VendorRebates gives you:
• The ability to link trade agreements to products in inventory
• The visibility to recognize when the specific product is sold
• Automatic recording and filing of the rebate claims with the manufacturer
• Calculation of transaction margins for salespeople and actual margins for management
If you are ready to maximize your profit margins with rebates, Western Computer has the tools to help. 365VendorRebates is available today from Microsoft AppSource, the premier resource for line-of-business apps for Microsoft Dynamics.
Check out this new exciting solution (and our other distribution apps - 365ParcelShip and 365CounterSales) and, as always, feel free to contact us for more information. We are here to help you make every rebate count!
By Western Computer, www.westerncomputer.com
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