Vendor Rebates

Alexa Dhillon PeopleSoft SRM Product Strategy Manager

Vendor Rebates

Allow customers to capture contractual rebate agreements with their suppliers, accrue rebate amounts and receive rebate payments

$$$ Increases Customer Profits $$$

• Introduced in Release 8.9

• Included in Purchasing Product

Vendor Rebates

• • Accurately Record and Track Vendor Rebates Proactively Manage Claiming Rebate Amounts from Suppliers • Effectively Utilize Rebates and Maximize Rebate Potential Don’t need to commit to volume, as customers do to get contract or discount pricing • Popular in Wholesale and Healthcare industries

Vendor Rebates

Integrated into the Procure-to-Pay Process

Vendor Rebates

Accurately Record and Track Vendor Rebates

Rebate Agreement Purchase Order PO Receipt Voucher RTV Backdate Rebate Agreement Accrued Rebate

Vendor Rebates

Automatic Creation of Bill To Customer from Vendor

Use Bill To Customer for Claiming Rebates through Accounts Receivables

Vendor Rebates

Rebate Agreement

Vendor Rebates

Rebate Options

Vendor Rebates

Rebate Rule Types

• • • • • Standard (Stepped) • Rebate factor percentage based on defined purchase threshold levels during the rebate agreement life Retrospective • Same as Standard, except Reaching Higher Threshold Level Changes Rebate Percentage for all Purchases to Date Flat Amount Growth Bonus • Based on a Specified Increase in Item or Category Purchases Marketing Contribution • One-Time Rebate for the Life of the Rebate Agreement

Vendor Rebates

Rebate Rules

Vendor Rebates

Rebate Associated with PO

Rebate Automatically Defaults onto PO Security controls whether buyer can view / edit Rebate ID

Vendor Rebates

Rebate Accruals and Backdating Rebate Agreements

• Rebate Accruals • Calculates accrued rebates for PO Receipts, Vouchers, and RTVs against POs associated with the Rebate Agreement • Backdate Rebate Agreements • Associate or Disassociate Rebate Agreement with purchase order • Rebate accruals will be recalculated accordingly

Vendor Rebates

Proactively Manage Claiming Rebate Amounts from Suppliers

Rebate Claims Incoming Payment Rebate Manager Notification Claims Management Workbench Formal Claim Settlement Manager Notification AP Debit Memo AR Payment Notification AR Pending Item AP Notification

Vendor Rebates

Rebate Accrual and Claims Generation Processes

• Allows Rebate Managers to be Proactive in Claiming Rebate Amounts • Provides Accurate Picture of Accrued Rebates • Realize Rebate Savings

Vendor Rebates

Claims Management Workbench

• • • Manage all Claim activities View Paid and Past Due Rebates Ensures Rebate Claims Collection

Result: Increased Revenue!

Vendor Rebates

Claims Generation

Be Proactive in Determining How Much Rebate Amount to Claim from Supplier • • • • Generate Claims based on Accrued Rebate Transactions Claims generation date determined by Settlement Frequency and the calculated Next Claims Generation Date defined on the Rebate Agreement Automatically runs Rebate Accrual process before generating claim to calculate most accurate claim amount Validates Rebate Agreement’s Maximum Rebate Amount

Vendor Rebates

Claims Management Workbench

• • • • • Review, approve, and generate a formal claim to send to the supplier Settle a claim Reconcile incoming payments Defer a claim to the next payment cycle Create deductions or reverse deductions to accommodate overdue payments from the supplier

Track what rebates have been paid and what is due from suppliers

Vendor Rebates

Effectively Utilize Rebates and Maximize Rebate Potential

Rebate Analysis Report Rebate Analysis Extraction Rebate Analysis Workbench Rebate Allocation

Vendor Rebates

Rebate Allocation

Record accrued rebate allocations allocated to sales organizations

Vendor Rebates

Rebate Analysis Workbench

Uncover cost savings opportunities

Vendor Rebates

Rebate Analysis Workbench

• • • • Analyze and inquire on Rebate Agreements View or extract all accrued rebate details View or print PO not Received inquiry Determine additional purchases to achieve next rebate threshold • Evaluate rebate transactions by Month, Quarter, or Year