Effective vendor program management can help you recognize opportunities for greater revenue and collect owed income.
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SAP
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Boost profitability through better vendor program management
Discover opportunities for greater revenue and help ensure all your owed income is collected by improving cost recovery. Increase the potential of your vendor programs with one powerful solution. You can evaluate vendor offers, manage cash flow, and execute cost control programs to increase profitability with the SAP Vendor Program Management solution by Vistex.
- Lost revenue and missed cost recovery prevention
- Simulations to compare vendor offers
- Goods cost reduction and profitability boosting
Key benefits
Streamline program efficiency
Take advantage of automation to drive vendor and supplier program efficiency, creating greater value for your enterprise.
Make data-driven decisions
Use sophisticated tools to model, administer, report, and analyze program performance, empowering you to make smarter purchasing decisions.
Improve profitability and partner relations
Reduce errors and accelerate receipt of reimbursements by using interactive visualizations, individualized dashboards, and real-time analytics tools.
Key features
Cost recovery and chargeback processes
- Manage chargeback programs, including contract pricing, fixed amounts, and tiered approaches
- Evaluate vendor offers and track performance toward goals
- Increase visibility into eligible transactions, claim status, and payment receipts
Collection of owed rebate income
- Track quantity, percent, and flat-tiered volume and growth purchasing rebates
- Maximize payments by optimizing purchasing volumes, renegotiating programs midstream, and retroactively recalculating amounts due
- Include or exclude customer sales in rebate calculations
Higher margins with better vendor funding programs
- Plan, budget, and track funds received from vendors
- Accrue funds based on a percentage of value of purchases and capture and collect fixed-amount funds for discretionary spend
- Gain real-time visibility into transactions, processes, and programs for a clear view into true profitability