Vistex Inc software

Take control of your trade programs with an end-to-end solution to manage inventory, claims and rebates.

Ensure smooth collaboration with partners across the value chain with sophisticated tools for modeling, administering and analyzing your vendor programs.

Are your incentive programs enhancing sales, building customer satisfaction and increasing productivity? Incentive programs can be challenging to administer and manage. And it can be even more difficult to determine if the programs are achieving business objectives. Agreements are becoming increasingly complex, as sales models, distribution channels, promotions and licensing programs become layered and more involved.

A key to remaining competitive is providing a growing number of product offerings that meet customer demand. However, the pricing scenarios required for this can be complex and cumbersome. It has become increasingly important to gain visibility into complex pricing scenarios available at the time of sale. It is no longer enough to just manage pricing – you need visibility and in-depth analysis of pricing strategies to support planning and growth.

Exceed industry challenges with a state of the art repertoire management and royalty solution. The advent of media digitization has forced the record industry to become more analytical and data driven in order to survive in this new paradigm. Not only have revenues declined but the number of new income streams has exploded. Whether sending metadata to iTunes, registering master recordings or analyzing streaming data in order to make business decisions, the ease at which you can enter, manipulate and harness data is more vital than ever before.

Gain control of your billback programs and increase profitability. Whether you call it ship and debit, billbacks, chargebacks or rebates, millions of dollars are lost annually in claims processing due to inaccurate accrual processes and claim validations for manufacturing billbacks. One of the toughest challenges manufacturers face is managing complex special pricing programs. Critical information on direct and indirect sales, financial accruals and pending claims are difficult to centralize and collect, and are frequently incomplete.

Track channel activity: sales, returns, and in-transit shipments. Lack of visibility into inventory on-hand, potential stock-outs and current partner claims can leave businesses exposed. Fraudulent claims and error-prone manual processes can lead reduced gross margin.  With 5%-20% of revenue typically tied to claims, businesses need a better means to manage inventory, associated claims, and rebates for/from manufacturers and channel partners.

Adapt quickly and easily to ever-changing regulations. With government becoming the largest aggregate purchaser of healthcare products and services, it’s critical for life science companies to meet government’s stringent price, reporting, contracting and rebate requirements. To avoid problems and penalties, organizations must have a fully compliant set of tools that are process integrated and flexible to adapt quickly and easily to changing regulations.