Rebate Tracking for Businesses - Don’t Leave Free Money on the Table!
The rebate solution works seamlessly with your current JD Edwards setup requiring a few custom objects that integrate with vanilla EnterpriseOne objects
Rebates can be a great boost to your bottom line as a business; however, they usually require complex tracking performed offline (in Excel), which uses precious business resources. Seeing this industry business need, MASYC has built a solution which utilizes your already existing JD Edwards data and combines it with the requirements needed by your rebate providers and your accounting team to successfully identify and collect valuable rebates. Eliminate the data entry errors and inefficiencies caused when using multiple systems by using the data you already have. The MASYC rebate solution results in more rebates accurately identified and collected plus more visibility for your bottom line.
Why MASYC’s Rebate Solution is right for your Business
You already use JD Edwards, use that valuable data to simplify, cut time spent and finish with more accurate results.
Use a tool built specifically for JD Edwards by experts in the field.
Eliminate duplicate work and data entry by using what you already have.
Eliminate the need to send data between separate systems.
Eliminate the need to track and manage rebates offline (in Excel).
Flexible set up allows tracking of multiple kinds of rebate agreements.
Validate your rebate claims with the detailed data already in JD Edwards.
Forecast your future rebate earnings accurately at the lot, community, or division level.
All these features result in your business being able to maximize your rebate income.
Rebate Tracking Solution for Business -built for JD Edwards
While other solutions exist for tracking rebates which range from spreadsheets to outside software or member groups that only do rebates, MASYC’s solution is the only one that combines the detailed business and financial data you already have in JD Edwards with rebate tracking. Using JDE allows you to leverage all the capabilities of the system and data you are already using and tracking. Our integrated JD Edwards solution allows you to:
Calculate a rebate based on complex logic.
Create an Accounts Receivable invoice for an earned rebate.
View earned but not yet billed rebates.
Invoice the rebate provider or claim the rebate as required once a rebate is earned.
MASYC Has the Industry and System Knowledge Required to Make This Your Chosen Rebate Solution
MASYC was chosen by Oracle to write the official Home Builder Sales Solution Module for JD Edwards over a decade ago. Our Homebuilder Sales Solution is an official approved module and is validated by Oracle and JD Edwards. Our unsurpassed industry knowledge and extensive experience using and implementing JD Edwards for homebuilders, construction and landscaping clients makes this the rebate solution you will want to see in action.
Use the rebate solution built by the people that built the Homebuilder Sales Solution module.
Our team has the extensive experience needed to help you with your rebate tracking pain points, we have seen it all over the years and can help you streamline your processes and successfully implement this solution.
Complex Rebates for Homebuilders and the Construction industry are Not a Problem Here
Rebates can be Managed and Tracked using multiple complex computation methods, for example for Homebuilders and Construction in particular a rebate could be based on:
A fixed Amount for every lot started or closed.
A fixed Amount for every lot started or closed based on a specific product being installed such as a single appliance or items that make a home energy efficient such as a heat pump or solar panels.
A percentage of the total spent at a supplier.
A certain number of units used in a house or lot such as doorknobs, faucets, etc...
A certain number of units sold based on measurements such as square footage, square yards, etc... ideal for items like flooring, roofing and siding.
Can be multiplied by a specific rate per item such as an option installed or a cost code used.
Multiple Industries Can Benefit from the Flexibility of MASYC’s Solution
The above example illustrates common rebates seen in the homebuilding, landscaping or construction industries but this flexibility applies to all industries where rebates are also common such as manufacturing, automotive parts or utilities such as plumbing, electrical and HVAC.
Validate Claims and Avoid Disputes Over Rebates with Detailed Data
You are already tracking very detailed data in JD Edwards. When your rebate provider questions if a rebate is owed to you, the data will be there to support your claim and eliminate disputes.
Reporting capabilities of the MASYC Rebate solution using Custom Reports and ReportsNow
Since MASYC’s tool uses JD Edwards for creating and storing your rebate data, you have the capability to view your data to the greatest detail with already used and familiar tools. Some of the reports to view rebate information could include:
Rebates that are earned vs. projected for the future.
Rebates that are earned and have been billed to the vendor.
Rebates that are earned but have not been billed to the vendor.
Rebates that are earned and billed/invoiced but remain unpaid.
In addition to custom reports that can be built, ReportsNow can be used to create ad hoc reports pulling this data. If you are not using ReportsNow ask us to show you a demo.
Automate your Rebate processes with JD Edwards User Defined Objects (UDOs)
Another benefit of tracking rebates within JD Edwards is the smaller learning curve. All the system tools used for JD Edwards such as User Defines Objects which allow users to create automations within JDE are available for rebates as well. Leverage the knowledge of these tools you already have instead of learning a new system outside of JDE.
Don’t Guess, Improve Your Financial Forecasting with up to the Minute Data
Having all your data in one place allows for detailed and up to the minute financial reporting data available when you need it. Don’t guess what your rebates may be for the quarter; you will have real-time knowledge with the detailed information already available in JD Edwards combined with your detailed rebate tracking information. When needed you will be able to provide:
Detailed historical rebate utilization.
Real- time financial information that includes your rebates down to the most granular level.
Insight into the reduction of company costs from earned rebates when using accrual accounting.
More accurate gross profit projections.
Accurate forecasts of future rebates.
Ready to Upgrade your Rebate Tracking Method to Unlock Your Rebate Potential While Saving Time and Money?
Schedule a demo today to see the MASYC rebate solution in action.
