Vistex - Food Services

Has your technology kept pace with your business growth? With growth there are significantly more and more points of distribution and complex contracts/programs to be managed in one spreadsheet. Many manufacturers are challenged with numerous manual contract entries, chargeback settlement reconciliation, accrual accuracy , revenue leakage

across IT ecosystems, visibility to revenue leakage and knowing if pricing is correct. In addition, as complexity increases, the number of contracts increases and so does the need for more people to manage this.

CP manufacturers must create pricing contracts to incentivize distributors/operators/GPOs to buy volume from them to grow and beat their competitors.These contracts are complex in regard to pricing conditions which have to be met by the distributor/operator/vendor.

Contracts contain overlapping product SKUs with volume incentive relationships that have purchasing conditions defined with period parameters. Purchasers have to meet or adhere to conditions to get the contract price. An additional layer of complexity includes how the distributor/vendor/operator will receive the discounted price. This can take the form of an off-invoice allowance by purchasing directly from the manufacturer or by claim/deduction for the difference between the purchase price and the contract price assuming the contract conditions have been met.

Has your technology kept pace with your business growth? With growth there are significantly more and more points of distribution and complex contracts/programs to be managed in one spreadsheet. Many manufacturers are challenged with numerous manual contract entries, chargeback settlement reconciliation, accrual accuracy , revenue leakage

across IT ecosystems, visibility to revenue leakage and knowing if pricing is correct. In addition, as complexity increases, the number of contracts increases and so does the need for more people to manage this.

CP manufacturers must create pricing contracts to incentivize distributors/operators/GPOs to buy volume from them to grow and beat their competitors.These contracts are complex in regard to pricing conditions which have to be met by the distributor/operator/vendor.

Contracts contain overlapping product SKUs with volume incentive relationships that have purchasing conditions defined with period parameters. Purchasers have to meet or adhere to conditions to get the contract price. An additional layer of complexity includes how the distributor/vendor/operator will receive the discounted price. This can take the form of an off-invoice allowance by purchasing directly from the manufacturer or by claim/deduction for the difference between the purchase price and the contract price assuming the contract conditions have been met.

Has your technology kept pace with your business growth? With growth there are significantly more and more points of distribution and complex contracts/programs to be managed in one spreadsheet. Many manufacturers are challenged with numerous manual contract entries, chargeback settlement reconciliation, accrual accuracy , revenue leakage

across IT ecosystems, visibility to revenue leakage and knowing if pricing is correct. In addition, as complexity increases, the number of contracts increases and so does the need for more people to manage this.

Are you keeping up?