Bosch Home Comfort Group
Video Case Study
Looking to make your rebate processes faster? Or maybe your on-premise solution has reached the limit of what it can do for you. Bosch Home Comfort Group (formerly Bosch Thermotechnik), a leading manufacturer, was there too. But not for long.
They were able to shorten their rebate process by 50%! They went from manual rebate management to making sure that payments are transparent, made on time, and accurate. Watch and come along for the ride as we show you how they achieved such stellar results.
Don't have time to watch the full video? See the shortened version that highlights the most important points.
Bosch Home Comfort Group's story
What were Bosch Home Comfort Group's challenges?
Bosch Home Comfort Group (formerly Bosch Thermotechnik), sells through distributors and rewards their distributors through rebates. They were approaching the limits of their on-premise solution which was slow and costly. Their internal analysis showed that they spent a lot of time on manual processes. They also had to find a way to improve contracts with the wholesalers and provide them with attractive conditions. In addition to this, Bosch Home Comfort Group needed a new pricing structure that would allow them to be faster and even more transparent.
How did Pricefx help them to solve the problem?
- Pricefx implemented the RebateManager module (now known as a Rebates). Bosch Home Comfort Group uses this module as an integral part of their daily operations to make sure that accurate payments are made on time. Our ability to seamlessly integrate with SAP made it easier to process rebates between the two systems
- Their move from a slower and older on-premise solution to our cloud-native solution made updates and integrations faster and less costly.
What were the pain points when implementing Pricefx?
- Bosch Home Comfort Group (formerly Bosch Thermotechnik) had to clearly define what outputs they wanted to receive. Without this, the solution they needed at the end of the day was different from what they initially asked for.
- If you would like to avoid any roadblocks in you implementation project, check out this article: 4 Reasons Why Our Software Implementation Projects Fail
What are the results?
After two years of using Pricefx, Bosch Home Comfort Group can:
- a 50% reduction in the rebate process
- a reduction in manual calculations to 0%
- make automated and accurate payments to distributors
- become even more transparent and understand why payments were made to a specific customer
- save a lot of time and do the same amount of work even with the increased number of the contracts
- find more time to work on improving their processes and not just focus on manual work
- move to the cloud thereby speeding up processes and save a lot of money
What pricing package should you choose if you are facing similar challenges?
With the Pricefx Profit package, you can manage rebates and optimize your profits through easy-to-use quoting tools providing full deal and price guidance, complete management of the deal negotiation process and execution your rebate plan easily.
Got More Questions?
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