Rebate management software facilitates the creation and administration of rebate programs for suppliers and business partners. Rebates are incentives provided by suppliers or manufacturers to their customers, such as retailers and wholesalers, for purchasing a minimum quantity of products or reaching specific purchasing targets. This software assists in tracking sales and purchases, calculating rebates, managing rebate payouts, and documenting rebate agreements. Typically deployed as a standalone product, rebate management software can also be integrated with CRM or ERP systems. It leverages customer data from enterprise systems and automates the manual, repetitive tasks associated with the rebate process. Additionally, some rebate management software includes features for fraud detection and automated invoicing.
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