How Pricefx and Enable Help With Rebate Management

As inflation, consolidation, and market volatility continue to exert pressure on businesses to maintain profitability in an uncertain landscape, it has become increasingly apparent that effective pricing and rebate management are both key in supporting successful financial outcomes and deal performance.

Recently at Pricefx, we joined forces with B2B rebate management solution Enable.com to arm our customers with more ways to execute their rebate strategies, all while continuing to benefit from our pricing solutions suite.

Now that we’ve partnered with Enable, what benefits can you look forward to in the future? In this article, we’ll provide an overview of how Pricefx and Enable work together to streamline your rebates processes for more efficiency and profitability.

So, let’s dive in.

On The Pricefx and Enable Partnership: Answering Your Burning Questions

We recently partnered with Enable, the leading enterprise-grade rebate management solution. Here’s why we did it, and how your company can understand the partnership.

Why Did the Partnership Happen?

We decided to partner with Enable to offer a more comprehensive rebate management experience that covers both customer and supplier sides of rebates.

From now on, Pricefx customers won’t need to limit themselves to customer rebate management and can take advantage of Enable’s supplier rebate management and claims solutions if the need is there.

Does The Pricefx-Enable Partnership Mean a Combined Rebates Solution?

No, a Pricefx and Enable partnership doesn’t mean a joint solution. Our respective rebate solutions will continue to grow separately and will be approached accordingly, with separate user interfaces, sign-ins, and implementation teams.

This doesn’t mean, however, that your pricing and rebates systems will be siloed. We’ll provide seamless integration across all your master data, transaction data, and rebate metadata to ensure you’ll always have a single source of truth as you navigate our platforms.

Why the Pricefx-Enable Partnership Helps You

The partnership allows companies to work towards more profitable outcomes with the power of holistic pricing visibility and forecasting combined with streamlined, auditable workflows for complex rebate programs that involve both sides of the rebate “coin”.

Ultimately, with Enable and Pricefx working together, customers can manage and optimize any agreement they might have, across both customer and supplier rebates and claims processing.

How Are Pricefx and Enable’s Rebate Management Offerings Different?

Put simply, Enable’s rebate management platform is more comprehensive than ours, as they cover both sell-side (customer) and buy-side (supplier) rebates while Pricefx’s software solution offers sell side.

Apart from allowing you to approach rebates from both vantage points, Enable’s rebate management platform offers other unique benefits that augment our existing tools, which we’ll dive into in the next section.

How Enable Enhances the Pricefx Platform

Enable’s leadership in rebates management and versatility in addressing both buy and sell-side rebates comes with a few benefits that make our own rebate solution even better for our customers. These are just a few of the ways Enable enhances our platform with its supplier rebate management solution.

Streamlined Collaboration

Enable offers a central online portal where you can provide partners with trading information to seamlessly manage agreements, standardize processes/approvals, and track progress.

This eliminates ambiguity around contract versioning and program changes while providing continued visibility throughout the entire process. No more needless bottlenecks or delays from isolated communication systems and inefficient processes.

More Complexity in Agreements & Claims

Additionally, Enable allows companies to manage more complex ship-and-debit scenarios involving multiple parties.

In the same way, Enable’s claims management feature offers both downstream and upstream processes, providing a more robust and accurate claims management experience. With Enable’s claims management feature, you can automate approvals as well as calculations, ensure accuracy, expedite processes, and provide increased visibility to trading partners.

Quick Time to Value

Enable can get typically companies up and running with their rebate solution in 60 days or less, which can be a game changer for companies that need to prioritize rebates right away in their pricing strategy.

Supplier Rebates Capabilities

Of course, the ability to manage buy-side (supplier) rebates is among Enable’s most significant contributions to our platform, and the most decisive factor for customers choosing between our solutions.

In the next section, we’ll walk you through how to know when it makes the most sense to use Enable, and when our rebates solution is the better choice.

Which Rebate Management Solution Should I Choose – Enable or Pricefx?

For Pricefx customers who only require sell-side rebate management, you can stay right where you are. Our rebate management solution can still be counted on to serve your company’s needs.

Companies that need to manage both buy-side and sell-side rebates, or just buy-side, will find what they’re looking for in Enable’s rebate management solutions. Enable is also the right choice when there’s a need to share claims for all customers and allow them to track their performance or submit and process claims.

But don’t worry – even if you opt for Enable’s rebate management capabilities, your company will still reap the full benefits of our pricing solutions in parallel.

Still Have Questions on How Pricefx and Enable Can Help You? We Have Answers!

In this article, we took you through the benefits of Pricefx and Enable’s partnership, namely how customers can expect more versatility in their rebate management process by supporting more efficient and profitable decision-making on both the sell and buy side.

If you’re still feeling in the dark on why the Pricefx-Enable partnership happened, consider checking out our first article on the decision below:

Alternatively, if you’re an existing Pricefx customer interested in getting started with Enable, consider going straight to one of our Customer Success Managers (CSMs).