In the manufacturing industry, pricing is a critical element of business success. Accurately pricing products can help companies optimize profits and maintain competitiveness. However, pricing can be a time-consuming and complex process, particularly in large...
Tired of Tracking Rebates Using Spreadsheets? Rebate Management Software Can Help!
Are you part of Enable’s surveyed one-third of companies that uses spreadsheets to negotiate, document, and share deals? Are you looking for a more dynamic solution to track rebates, discounts, promotions, or other price adjustments? Then, you’ll find a rebate...
How to Track Multiple Sales Discounts to Different GL Accounts in Accounting
Picture this – the sales managers are offering 15% off electronics and computers on top of bonus discounts if they pay early. Plus, the sales managers receive a commission when they sell a product over $1,000. For accountants, one question comes to mind: how will I...
3 Benefits of Volume Pricing and How to Use it to Your Advantage
As a business owner, you're always looking for ways to increase your profits and stay ahead of the competition. One pricing strategy that can help you achieve both of these goals is volume pricing. Volume pricing is a sales strategy in which the price per unit...
Microsoft Dynamics GP Pricing Solutions: Omni Price vs. RPM
Microsoft Dynamics GP is an excellent Enterprise Resource Planning (ERP) system for small to mid-sized businesses. It has a lot of functionality straight out of the box, with very little customization required. However, for some businesses there was a need for a more...
Inflation Pricing: What’s Your Strategy?
Inflation is an inevitable part of economic growth, but it can pose a challenge for businesses trying to maintain profitability while keeping prices competitive. As the cost of goods and services rises, businesses are often forced to increase their prices, but this...
How to Use Price Adjustments to Move Items through the Product Lifecycle
What if you were selling a seasonal item, like Halloween candy? Chocolates, lollipops, gummies, and hard candy are stocked and ready for people to buy, all at full price. But what happens when the holiday is over? We’ll show you the how seasonal items as an example...
Can AI Help Improve Dynamic Pricing Management?
The age of the machines is coming. Better hop on board or get left in the dust. Artificial Intelligence (or AI aka a fancy robot/software that does the work for you) is no longer a strange term. It's the future. From apps to prosthetics to robots, technology has...