Acumens Vendor Rebate Management

Acumens Vendor Rebate Management is an app designed to integrate seamlessly to automate, track, calculate, and process vendor rebates, reducing manual work and ensuring accurate financial management.

It helps businesses to recover costs, incentivize bulk purchasing, and strengthen supplier relationships.

Acumens Vendor Rebates App offers the following features:

1. Agreement Management: Users can create and manage detailed vendor rebate agreements with validity dates, currencies, and qualifying criteria. Agreements can be tied to specific vendors, items, or promotions.

Users can define multiple Rebate Programs and runs in parallel based on different qualifying criteria.

2. Vendor Categories: Vendors are grouped logically for rebate eligibility and tracking.

Vendors can be grouped using below criteria:

• By Volume: High-volume vendors (eligible for tiered rebates) and Low-volume vendors (flat rebate or none).
• By Product: Raw materials suppliers and Finished goods vendors
• By Strategic Importance: Preferred/strategic vs non-preferred vendors
• By Region/Market: Domestic vs International Vendors

3. Automated Rebate Processing & Accrual:

The app provides functionality to process Vendor Rebate automatically when a Purchase Transaction is posted or Batch Processing for periodically.

Rebates are accrued automatically when purchase transactions are posted.

The system automatically tracks purchase transactions against the defined targets specified in the agreements.

It can automatically create vendor credit memos (credit notes), reducing manual effort and potential errors. It automates rebate accruals, claims, and reporting, ensuring compliance and accuracy.

Entries are created in the General Ledger to reflect rebate liabilities in real-time, improving financial visibility and forecasting.

4. Flexible Calculations: Rebates can be calculated using various methods and parameters:

• Per Unit: Based on the number of units purchased.
• Percentage: Based on the total monetary value of purchases.
• Tiered Structures: The rebate percentage or per unit can increase as higher purchase thresholds are reached.

5. Rebate Processing Type:

Rebate can be either reduced from Inventory or accrued as an expense. Selection is at the Rebate Program Level.

• Inventory: It reduces Item Cost and hence increases profitability when the Item is sold.
• Expense: It posts the rebate amount to the General Ledger using the G/L Account via Purchase Journal. The General Ledger will have information about the Pay-To Vendor and Rebate Vendor No. So, the Rebate Receivable Account can be adjusted periodically by the accounting department.

6. Integration: The add-ons are built into the Business Central environment, leveraging existing data and workflows within the ERP system.

Benefits

• Efficiency: Eliminates manual tracking of rebates.
• Accuracy: Ensures financial records reflect rebate accruals correctly.
• Flexibility: Supports complex rebate structures (percentage, fixed, tiered).
• Transparency: Provides clear visibility into rebate agreements and claims.

Target Audience:

Ideal for manufacturers, distributors, and organizations that manage rebates from their suppliers, Acumens Vendor Rebates is designed to help teams improve efficiency and clarity in their vendor rebate management process.

Supported Editions

This extension supports both the Essential and Premium editions of Microsoft Dynamics 365 Business Central.

Supported Countries

All countries where Business Central is available.

Supported Languages

The app is available in: English (United States)

Contact Information

For more information, please contact SBC Dynamics