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ICM Promotions, Rebates & Royalties app datasheet (1)

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T H E S O L U T I O N The ICM Promotions, Rebates & Royalties Application Maximize the return on your promotional budgets, and improve your speed to market, with the ICM Promotions, Rebates & Royalties app. The Icertis Promotions, Rebates & Royalties App is built on top of the Icertis Contract Management (ICM) platform, enabling you to seamlessly leverage contract data to quickly plan, execute, and settle promotions with your partners. With the help of this app, you can more easily track the performance of promotional budgets against your incentive programs running across different markets or product categories. Armed with this data, ICM's advanced analytics capabilities then can deliver deeper analysis and insights into your promotions—allowing you to better plan future programs that will drive increased sales. T H E C H A L L E N G E In today's fiercely competitive environment, the effective and timely management of promotions, rebates, and royalty payments is critical. Designing and optimizing these programs is essential for any number of industries—from royalty payments in drug manufacturing to holiday promotions for major retailers. Managing these promotional programs, from initial contracting between partners all the way through to settlement, can create a number of challenges: • Lost revenue and reduced margins due to poor tracking and underutilized promotional budgets. • Longer cycle times are required to design and execute promotions using manual processes and disconnected systems. • Wasted staff time on manual promotion tracking, management, and measurement. • Poor visibility across all promotional agreements with each partner, leading to missed opportunities for better negotiated pricing and promotional terms. • Inability to effectively measure and analyze the promotion's performance. Icertis, the leading provider of enterprise contract management in the cloud, solves the hardest contract management problems on the easiest to use platform. Icertis helps companies transform their commercial foundation ensuring compliance, improving governance, mitigating risk and enhancing user productivity, thereby improving the bottom line. The Icertis Contract Management (ICM) platform is used to manage 5.7 million contracts by 2.2 million subscribers at companies like 3M, Airbus, Daimler, Microsoft, Roche and Wipro in 40+ languages across 90+ countries. For more information visit icertis.com.

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