Enable raises $13M to help distributors, manufacturers and retailers manage rebates –
Summary
Founded by long term business partners Andrew Butt and Denys Shortt in 2015 but launched fully in 2017, Enable makes it easy for distributors to track, manage, and optimise rebates. However, the agreements put in place and the tracking and validating of qualifying terms has created a back office headache and many wasted hours on behalf of parties involved. This includes a breakdown by product, location, day, supplier, and customer and the reconciliation of sales and purchase transactions pertaining to those deals. In addition, he says that Enable is also allowing customers to create more targeted and better deals that “increase sales and profit, improve cash flow, and strengthen relationships” with suppliers. Customers include Rexel, Travis Perkins, and Wolseley, as well as other distributors, buying groups, and retailers from across the U.S., Canada, and Europe.
Funding
Review available funding amount, funding date, investors, and linked company information related to Enable raises $13M to help distributors, manufacturers and retailers manage rebates – in the interactive ISVWorld profile.
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