Discounts

MANAGING DISCOUNTS

Despite agreed rate contracts, in many business scenarios transactional exceptions are needed to close the deal - although frequency may vary, discounts may be a norm for goods with high price volatility.

70%-80% REDUCTION IN TIME & EFFORT FOR RECORDING DISCOUNTS

• Manage discounts (both at order level or at line-level)
• Major time saver for customer services and commercial teams
• Deal negotiator digitally circles the proposed discount back and forth between buyer and seller until both agree to a deal

DEAL NEGOTIATOR

• Transaction cycle time increases substantially when one needs to accommodate price exceptions i.e. discounts - not the case with HX
• Proposed discounts can be iterated as many times until it is acceptable to both trading partners - else a counter offer can be sent to and from by readjusting the proposed discounts on the order
• The price sourced from agreed rate contracts act as the base point reference to provide common and clear context for this deal negotiation

SMART AND EFFICIENT

• Discounts are proposed in the orders itself instead of keeping them in emails and phone calls
• This automates the exact conduct of real life business dealings
• Allow to save conversational time
• Maintains accurate record with no data entry errors from emails and phone calls into order booking