As a leader in business analytics, SPARXiQ is proud to announce an exclusive partnership with Enable, the collaborative rebate management platform. The combined solutions – SPARXiQ’s analytics service and Enable’s rebate management engine – are the perfect combination for managing complex rebate scenarios, such as special pricing agreements (SPAs).
With this partnership, Enable will offer SPARXiQ’s leading data analytics service to its customers. Enable’s technology will be the engine powering the SPARXiQ RebateGPS solution to further help our clients improve SPA administration and accuracy.
SPARXiQ is committed to helping manufacturers, distributors and contractors/end users in industrial B2B to maximize profitable growth. We are excited to partner with Enable to accelerate channel-partner trading relationships. Enable’s industry-leading rebate management platform combined with SPARXiQ’s POS data feeds, analytical and industry expertise, and relationships will launch a new centralized rebate portal that removes friction and sharpens efficacy so that all parties can manage their trading relationships on a single platform.
Managing complex rebate structures like SPAs will be critical as the supply chain continues to face mounting pressures. When some businesses have upwards of tens of thousands of complex SPAs, they need a streamlined solution. SPAs are necessary for any company’s rebate strategy, allowing manufacturers and distributors to work together to offer competitive prices to customers while maintaining sales volume and ensuring profitability.
SPARXiQ’s Director of Channel Analytics and veteran in the electrical rebate management sector, Mark McGready, will be joining Enable in an advisory role to provide guidance on Enable’s special pricing agreement solution.
“SPAs are an essential business tool to master for any marketplace,” said Mark McGready. “They provide the best of all solutions: supplying customers through local distributor inventories while giving them pricing consideration that meets their buying demands. All companies need to ensure they have an efficient, robust and accurate SPA process if they’re to maximize their sales opportunity while protecting their margins and bottom line.”
“We’re excited to give our customers the option to analyze their profit drivers and implement data-driven strategies to optimize each with SPARXiQ. This advisory and analytical service adds a valuable layer to our rebate management platform, and helps our customers ensure they’re fully maximizing all their profit drivers.”
Enable helps manufacturers, distributors, and retailers take control of their rebate programs and turn them into an engine for growth. Starting with finance and commercial teams, Enable helps you better manage rebate complexity with automated real-time data and insights, accurate forecasting and stronger cross-functional alignment. This lets you know exactly where you are with rebates. Then you can extend Enable externally to suppliers and customers, setting them up with one collaborative place to author, agree upon, execute on, and track the progress of deals.
SPARXiQ delivers analytics, tools, and training solutions that help companies accelerate performance and profitability. We are committed to solving business challenges by enabling data-driven decisions and equipping front-line sales teams with skills to accelerate results.
Industry-leading distributors work with SPARXiQ to better navigate the challenges in today’s competitive market and to maximize business performance.
For more information, visit sparxiq.com