For wholesale companies in Ireland and the UK, managing Long Term Agreements (LTA) and rebates can be a complex process. With the increasing need for businesses to stay competitive and profitable, it is crucial to have an efficient system in place to manage these processes.
Sysco Software's LTA & Rebates App for Microsoft Dynamics 365 Business Central, provides a comprehensive solution for managing LTA and rebate agreements.
Do you find the process of manually tracking and calculating LTA and rebates to be time-consuming and inefficient?
Wholesale companies in Ireland and the UK face several challenges when it comes to managing LTA and rebate agreements.
These challenges include manual tracking of agreements, inconsistencies in calculations, delayed payment processing, and difficulty in reconciling entries to the general ledger. These challenges can lead to inefficiencies, lost revenue, and frustration for both the wholesaler and their customers.
Read on to find out more…
As part of our suite of Essential Apps for Business Central, we have developed an LTA & Rebates App to simplify the management of LTA and Rebates within Business Central.
The LTA & Rebates App enables businesses to set up customer rebates that are automatically calculated when sales orders are created. With the ability to attach LTA payment terms to a customer and items, the app offers flexibility in setting up LTA groups and customer LTA agreements. It also allows businesses to track LTA calculations, which are updated when sales orders are posted, ensuring accurate and consistent calculations. This app also helps in reconciling entries to the general ledger, which can be a time-consuming process for businesses.
Features:
- Automated calculations for increased efficiency and accuracy
- LTA payment terms for flexible payment options
- LTA group set up for easy item tracking
- Customer LTA agreement set up for tailored rebate management
- G/L entry reconciliation for better financial management
Advantages:
- Increased efficiency in managing LTA and rebate agreements
- Reduced manual tracking and calculation errors
- Improved accuracy in calculations
- Greater flexibility in payment options and tracking
- Improved financial management through G/L entry reconciliation
Sysco Software Solutions LTA & Rebates App for Microsoft Dynamics 365 Business Central offers a comprehensive solution to the challenges faced by wholesale companies in Ireland and the UK when it comes to managing LTA and rebate agreements. With the ability to automate calculations, set up flexible payment terms, and track LTA calculations, this app offers increased efficiency and accuracy in rebate management.
By implementing this solution, businesses can save time, reduce errors, and improve financial management, leading to increased revenue and improved customer satisfaction.
Speak to our experienced account managers today to discuss your business needs in more detail and gain access to the Sysco Software SmartStep platform for advanced requirements discovery.
