A rebate ecosystem governed by the buying group is an underutilized revenue stream for buyers and suppliers to identify mutual opportunities and grow their businesses together. But the multi-dimensional nature of the deals, manual rebate management practices, and lack of a unified insight-sharing platform makes the process complex and disconnected. It leads to low visibility into growth opportunities and creates a gap between the actual and planned gains.
Tredence’s rebate management solution - Rebate.AI, empowers this ecosystem with automation and advanced decision intelligence to help raise their collective benefits and leverage real-time opportunities within the group. Remove blind spots from rebate deals and operations and drive actionable insights that transform rebates into revenue streams.
Explore how we helped a buying group of distributors dealing in electrical components negotiate better deals from the manufacturers, identify missed opportunities through information sharing, and significantly improve their margins. This helped them derive multiple benefits.
25% improvement in earned rebates for distributors
Easy identification of missed opportunities
Higher YoY savings for the buying groups
See how we helped a group of manufacturers dealing in electrical components develop customized catalogs, tap into additional channels of buyers, and substantially increase their sales using advanced AI and analytics. They also received several other benefits.
21% improvement in sales
Customized catalog list based on buyer’s insights
Access to new buyer channels and opportunities
Read how we helped a buying group corporate significantly reduce their accounting and reconciliation time by creating a centralized one-stop platform driven by Rebate Calculation Engine.
66% reduction in buying time
Accurate comparison of data on a single platform for faster decisions
Reduced errors with automation
Create transparency and drive operational efficiency with contextual insights into rebate management system’s blind spots
Bring high-impact buyers and suppliers on board and grow their business within the group with real-time prescriptive insights and deal alerts with our rebate management solutions. Manage group rebates, highlight new sales opportunities, and enhance the revenue for member buyers and networked suppliers. Track group rebates proactively and raise in-group trade volumes with automated alerts to buyers about additional volumes required to jump rebate bands.
From rebate governance to electronic rebate deal creation, calculation and audit, our rebate management solution – Rebate.ai, automates all crucial rebate interactions within the buying group. It also establishes a common, unified product catalog and standardized rebate workflows to drive close collaboration and constant communication within buying groups, along with shared roadmaps for unified goals.
Help your member buyers identify and utilize the best-case ROI offers from in-group suppliers through data-driven comparative insights. Enable missed sales/buying opportunity alerts helping suppliers/buyers drive higher rebate gains for both. Reduce costs through our AI-enabled automated rebate management platform that alerts members to the best deals based on their preferences.
Why choose us?
Unified rebate platform to generate AI-driven insights
Unprecedented rebate analytics capabilities for real-time insights
Missed opportunity alerts for member buyers and suppliers
Sign up and ready-to-go AI-driven rebate management solution
Cloud-enabled rebate management