Vistex Solution Extensions For Retail

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enabling go-to-market strategy. faster. easier. better. 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. SOLUTIONS FOR THE RETAIL INDUSTRY REBATE MANAGEMENT Recognize accurate revenue by successfully managing rebate programs. VENDOR FUNDED PROGRAMS Leverage automated processes to ensure appropriate reimbursement for promotional programs. MARGIN SIMULATION ANALYTICS 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] WWW.VISTEX.COM everything you need to manage RETAIL programs

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Smart Solutions for Retail Revenue Programs. Gain total visibility into all costs, revenue, and margins to ensure your business’s expectations are met.

Transcript of Vistex Solution Extensions For Retail

Page 1: 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

Page 2: Vistex Solution Extensions For Retail

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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