3 minute read
Maximizing B2B Rebates With Epicor P21’s Capabilities
Epicor P21 is ERP (Enterprise Resource Planning) software designed specifically for wholesalers. It offers a wide range of features to help you manage various aspects of your business, including inventory, purchasing, sales, accounting and more. A standout feature of Epicor P21 is the ability to handle B2B discounts, which can be a key aspect of financial management in the wholesale distribution industry.
B2B rebates are rebates or refunds given to companies for purchasing a certain amount of products or meeting other pre-determined requirements. These discounts are often used by wholesalers as a selling point because they can encourage customers to buy more products and increase sales. However, managing B2B rebates can be a complex and time-consuming process, especially for companies with multiple suppliers and customers.
The Epicor P21 software provides robust B2B discount management capabilities, giving wholesalers the tools they need to handle these discounts efficiently and accurately. Let’s take a closer look at some of the key features of Epicor P21 for B2B discount management.
First of all, Epicor P21 has a fully integrated rebate module that allows businesses to manage all aspects of rebate programs through the software. This eliminates the need for manual calculations and spreadsheets, saving companies time and reducing the risk of human error. The discount module allows businesses to set and track different types of discounts, such as quantity, tiered, and time discounts. This flexibility gives companies the ability to tailor rebate programs to the specific needs of suppliers and customers.
Another valuable feature of Epicor P21 is the ability to automatically calculate discounts based on predefined rules and formulas. This eliminates the need for manual calculations and ensures discounts are calculated accurately, saving businesses time and money.
In addition to rebate management, Epicor P21 also provides reporting and analytics features that help companies understand the effectiveness of their rebate programs. This allows companies to make data-driven decisions and adjust their discount programs accordingly.
Moreover, Epicor P21’s discount management features are fully integrated with other modules such as sales and inventory management. This means businesses can easily track rebate data and its impact on their overall finances.