Collaborative software platform will enable the electrical products distributor to more easily track, manage, accrue, and claim against rebate agreements with hundreds of suppliers
SAN FRANCISCO, CA, November 18, 2019 /24-7PressRelease/ — Enable International Inc., the leader in cloud-based B2B deal management software, today announced that Rexel Canada, an Ontario-based electrical products distributor, has chosen Enable’s DealTrack software to automate its accounting processes for supplier rebates in order to maximize rebate revenue and margin.
Rexel Canada operates three networks across 190+ locations, with annual sales of over CAN$1.6bn. It had been managing hundreds of rebate agreements using a combination of manual processes and a legacy AS/400 finance system. That created scope for error, leading to supplier disputes and missed opportunities to claim the full amount of rebate due.
DealTrack will give Rexel Canada full visibility of its complex rebate agreements, and automate the process of calculating, accruing and claiming for rebate due. A supplier portal will enable closer working with key suppliers, paving the way for more strategic relationships.
Pierre Charron, VP Purchasing and Marketing, Rexel Canada Electrical, said: “DealTrack will allow us to spend less time on manual rebate management, and more time building valuable supplier relationships that benefit our business, our customers and our suppliers alike.”
Rexel Canada’s investment in DealTrack further expands Enable’s growing customer base in North America, where its software is increasingly replacing spreadsheets and manual processes at distributors keen to maximize earnings, margins, and operational efficiency.
Andrew Butt, CEO of Enable, said: “DealTrack is helping distributors like Rexel Canada to negotiate more strategic deals with suppliers, allowing them to offer better prices to customers and achieve a greater competitive advantage in the marketplace.”
Enable’s DealTrack Rebate Management System helps suppliers, distributors and wholesalers to drive mutually profitable growth, while improving cash flow and reducing risk. Leading manufacturers and distributors in the UK and North America depend on DealTrack to collaboratively plan, execute and track complex trading agreements involving millions in rebates, discounts, royalties, purchase income and back margins. www.enable.com
About Rexel Canada
Rexel Canada Electrical Inc is the market leader in Canada and operates three separate networks: Rexel, Nedco and Westburne. These networks provide electrical products and services to customers in the commercial, industrial, maintenance and residential sectors. www.rexel.ca
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