Vistex Solution Extensions For Retail
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Transcript of Vistex Solution Extensions For Retail
e n a b l i n g g o - t o - m a r k e t s t r a t e g y . f a s t e r . e a s i e r . b e t t e r .
Vistex designs and implements software
solutions that drive revenue and increase
margin through the management of
contracts, pricing, rebates, incentives,
and master data. Our SAP integrated
and embedded software solutions enable
organizations to automate complex
business processes and manage partner
relations.
Vistex solutions help retailers to
effectively analyze and re-negotiate
supplier offers (including pricing and
promotions) to control purchase costs
and ensure profitability. Understanding
what is purchased, at what cost, and
from whom, as well as how products are
priced, enable retailers to choose the
best purchasing strategy that supports
profitable sales to consumers.
We encourage you to learn more about
Vistex and explore how we can enable
better decision-making for retailers
to facilitate successful go-to-market
strategies.
S O L U T I O N S F O R T H E
R E TA I L I N D U S T R Y
R E B AT E M A N A G E M E N T
Recognize accurate revenue by
successfully managing rebate programs.
V E N D O R F U N D E D P R O G R A M S
Leverage automated processes to ensure
appropriate reimbursement for promotional
programs.
M A R G I N S I M U L AT I O N A N A LY T I C S
Better buys with better margins: negotiate
purchases using simulations of purchasing
and sales strategies to reveal margin.
2300 Barrington Road, Suite 550 Hoffman Estates, IL 60143 [email protected] W W W. V I S T E X . C O M
everything you need to manage RETAIL programs
Retail
Smart Solutions for Retail Revenue Programs
S A P I N C E N T I V E A D M I N I S T R AT I O N B Y V I S T E X
S A P PAY B A C K S & C H A R G E B A C K S B Y V I S T E X
S A P D ATA M A I N T E N A N C E F O R E R P R E S O U R C E S B Y V I S T E X
S A P D ATA M A I N T E N A N C E F O R E R P P R I C I N G B Y V I S T E X
Vistex understands that to be successful, retailers
must be able to quickly adapt to satisfy the needs of
consumers. Back-end supplier rebates and POS cost
recoveries account for a large portion of a retailer’s
operating income. Vistex solutions help retailers to
effectively manage and negotiate favorable supplier
incentives in conjunction with the retailer’s own pricing,
promotion and sales commission programs to achieve
desirable financial performance.
Retail buyers need powerful tools to evaluate supplier
pricing and proposals. To negotiate the best net purchase
cost, buyers must analyze both pricing and various
purchasing incentives. Vistex provides a feature-rich
app which emphasizes usability, mobility and enterprise
capability. The app compares purchase pricing and
incentive income on the purchasing side to shelf pricing
and applicable sales promotions and/or sales commissions
on the sales side. Buyers can simulate changes to vendor
pricing and incentives while considering promotions and
other sales expenses in an effort to minimize purchasing
cost and maximize potential margin. Vistex also enables
retailers to propose incentive programs to vendors, with
supporting data to demonstrate the value that retailers
generate.
After an agreement is reached with a supplier, Vistex
performs a variety of tasks to ensure visibility and
profitability and automatically confirms that the correct
purchase price is used on orders. With Vistex solutions,
retailers can monitor inventory purchases to determine,
calculate, accrue and/or invoice suppliers for earned
incentives. The solution can also help retailers track
progress towards purchasing targets for incentives tied
to performance. Vistex makes it simple for retailers to
propose, define and administer marketing funds and
promotional budgeting supported by suppliers, submit
claims for qualifying promotional activity and price
protection of inventory, and update available funds as
they are accrued and consumed. Vistex solutions
empower retailers to define and execute sales deals
and bonus buy promotions for multi-channel orders, as
well as to feed customer loyalty programs. With Vistex,
retailers can accurately calculate and pay employee sales
commissions and/or store manager bonuses based on a
wide range of performance criteria.
Learn how to recover all monies due to your retail
business in a timely and efficient manner. Vistex solutions
for the retail industry can help you manage your most
complex business processes with fast, comprehensive
management and analytical tools. Automate and simplify
your retail processes and maximize your returns with
Vistex solutions.
Gain total v is ib i l i ty into al l costs, revenue, and margins
to ensure your business’s expectat ions are met.
Key Features and Benefits • Evaluate supplier pricing
and incentives
• Simulate margin using proposed net purchase cost, sales price and promotions
• Propose and administer supplier-supported programs
• Track progress towards purchasing targets for performance incentives
• Monitor inventory purchases to determine, calculate, accrue and/or invoice suppliers for earned incentives
• Define and execute sales deals and bonus buy promotions for multi-channel orders
• Manage vendor funds, including accruals, claims and balances
• Automate the recovery of monies from suppliers for supported programs and/or price protection
• Enable audits and SOX compliance with cost and revenue tracking back to inventory purchases and buying programs
• Streamline maintenance of master data that drive business transactions
POWERFULCOMPREHENSIVE
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