The Pricefx and Enable Partnership: What Does That Mean for Our Customers?

We’re proud to announce that Pricefx has partnered with Enable, the leading, rebate management platform. For those of you who know, use and trust Pricefx’s pricing software, you might have a few questions; which may boil down to; “what does this mean for me?” In fact, nothing has changed. You can continue to use the Pricefx solutions you’re already using. By partnering with the best rebate management platform, you get more options in how you implement your rebate strategy while maintaining the same pricing solutions that help to drive meaningful business impact.  

For over 10 years, Pricefx has provided innovative pricing solutions with the goal of helping companies manage complex pricing processes and drive value to their bottom line. We have done this by listening to what our customers need, and this partnership is no different. 

In this article, we will discuss why we decided to undertake this partnership, what customers can expect from it, what this means for access to Pricefx and Enable solutions, and the benefits of the partnership to Pricefx customers and those wanting to purchase Pricefx solutions.

 

Why Did Pricefx Partner with Enable? 

The Pricefx and Enable partnership was formed to enhance the customer experience and offer a more comprehensive solution. It brings together both sides of the rebate process, including the buy-side that Enable is known for, and the sell-side solutions that Pricefx offers. For businesses that use rebate programs and have felt limited by what they can accomplish, they now can have access to both sides of the rebate equation.  

 

Will I Still Have Access to Pricefx? 

Within the partnership, Pricefx customers continue to have access to our platform and Enable customers to continue to have access to Enable’s. This means that for existing customers, there will be no changes or disruptions. You can still use Pricefx’s services without having to migrate to a different platform. The added benefit, if your organization requires supplier rebate management, is that you can now obtain it using Enable, and leverage data from the Pricefx platform, expanding your options and flexibility. 

 

The Benefits of Enable’s Rebate Management Platform 

Enable’s rebate management platform offers several benefits: 

1. Supplier Rebate Management – On the buy-side, businesses can optimize their rebate programs, resulting in improved profitability and competitiveness.  
2. Claims Process – The platform also enhances both the downstream and upstream claims processes, making it more efficient and accurate.  
3. Collaboration – One of the main reasons rebate programs break down is due to a lack of transparency that can erode trust between buyers and sellers. Enable simplifies the overall rebate management process, and offers offering a centralized location for sellers and buyers to access and manage their rebates seamlessly in the same place. This puts to rest any concerns about either party’s ability to track or uphold their rebate agreement obligations.  

 

The Benefits of a Pricefx and Enable Partnership to Customers 

Now, if you really want to optimize for value, you will want to use the two solutions together.  

1. Address pricing and rebates comprehensively – With this partnership, you gain complete ownership of your pricing, including the customer rebate process. This combines with Enable’s supplier rebate management and claims processings. 
2. Leverage data to manage your processes – We connect and sync customer master data product, master data, transaction data, and rebate metadata. The data will stay in sync so that you always have one source of truth. 
3. Customer Rebate Management – You’ll be able to optimize sell-side rebate programs, resulting in improved profitability and competitiveness. 

 

How to Get Started with Enable and Supplier Rebate Management 

If you have a sell-side (customer rebate) program that you would like to optimize to drive even more ROI (Return On Investment), then contact your Customer Success Representative (CSM) if you’re already a Pricefx customer to learn how you can get started with Enable.  

However, if you’re interested in purchasing Pricefx software, then reach out to your Account Executive to discuss which solutions work best for you.