Sales Retrospective Discounts
Customer incentives come in many forms and need to be appropriate
to individual trading circumstances. For some customers, particularly
those who are buying regularly but in small amounts, it is often
more practical to incentivise them over a period of time by providing
a retrospective discount plan that will allow the customer to achieve
a cumulative discount. The plan may be related to individual product
volumes or overall turnover. Sometimes referred to also as “Customer
Earned Rebates” this Myridas module allows for the management and
monitoring of these plans.
Key Features
- Flexible discount plans and schedules
- Discount parameters
- Automated update routines
- Progress monitoring
Application Power
- Manage complex plans and schedules
- Accrue for discount liability
- Monitor true profitability
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