Chargeback amount is claimed by a distributor from a manufacturer or vendor for the difference between their initial acquisition price and the actual agreed upon price for products/services sold to a specific end customer or partner.

Billbacks occur when a manufacturer negotiates an agreement with a channel partner or directly with an end customer for special pricing or spending programs. The product is sold to the end customer through a channel partner or the channel partner incurs expenses based on the negotiated spending program. The channel partner files a claim with the manufacturer. The manufacturer audits the claim and sends a payment to the channel partner. The end customer may also be eligible for a payment from the manufactures.

CSales Incentive is the commission paid to personnel, including internal sales employees and non-employees such as dealers, distributors, and contract sales representatives, brokers, and so on, who are directly or indirectly responsible for the sale of the company’s product or services.

Price Management offers solution for Pricing Maintenance (User-friendly layouts and intuitive functionality allow users to adjust prices without delay, while providing the ability to execute mass pricing updates, automating maintenance and eliminating hours of manual processes).

Price Management also offers tool to set complex promotions and program at the time of sale with variable qualification. It also provides easier reporting and analytics to establish true margin and complete gross-to-net reporting by evaluating pricing, incentives, and revenue-sharing programs.

Master data maintenance solutions empower you to define, collect, enrich, and validate master data, and are combined with tools to audit and syndicate master data for customers, vendors, and products with your other solutions. With increased accuracy and visibility to master data, you are able to make better decisions. Vistex® capabilities address the entire data maintenance lifecycle – from creation, extension, changes, governance, and syndication to utilization.

About Vistex®

Vistex® is the global leader in pricing, contract, incentive management, channel marketing, rights and royalty solutions and services, providing unprecedented visibility into the breadth and depth of go-to-market programs and enabling businesses with insightful information that drive revenue, control cost, reduce expense leakages and increase margins. Deployed on-premise and in the cloud, Vistex® serves businesses of all sizes worldwide across a spectrum of industries. With an unwavering commitment to its clients, the world's best run organizations choose Vistex® to manage master data, contracts, pricing, rebates, incentives, entertainment and brand licensing and channel programs, ensuring success from inception to insight.

Vistex® and all Vistex® logos are trademarks or registered trademarks of Vistex® Inc. in the U.S. and other countries.

SAP® and all SAP® logos are trademarks or registered trademarks of SAP® AG in Germany and in several other countries.

All other product and service names mentioned are the trademarks of their respective companies.

Vistex® and all Vistex® logos are trademarks or registered trademarks of Vistex Inc. in the U.S. and other countries.

SAP® and all SAP® logos are trademarks or registered trademarks of SAP SE in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.