We partnered with Profectus to perform a review of our merchandise trading terms and recover unclaimed rebates across the entire Bapcor Group.
The Profectus audit team were able to effectively understand our complex business environment and identify material amounts of missed income across our rebate collection function. As a result of the audit we’re much more aware of where the biggest risks are in our existing processes and the team have helped us identify what additional controls to put in place. We’ve been impressed by their professionalism and the team is easy to communicate and work with."
Chris Sharpe Group Procurement Manager, Bapcor Limited
Profectus’ Contract Compliance and Rebate Deal Management technologies provided Absolute Accuracy for BP Australia.
Damon FriendMERCHANDISE BUSINESS MANAGER BP AUSTRALIA
I've managed rebates for 16 years, and Profectus’ RDM is well received throughout the whole organization with End of Month processes becoming less time consuming and more efficient. Before Profectus, we had to manage over 120,000 agreements in SAP, and this has been reduced to 500
Ann HaydenBusiness Improvement Coordinator Ruralco Holdings Limited
Our Rebate Deal Management is now automated thanks to Profectus, and we have improved transparency across various parts of the business
Alan O’HaraGeneral Manager Supply Chain, Operations Chemist Warehouse
"Profectus conducted a three-year Accounts Payable Audit on behalf of Fonterra in 2020. This involved working with large volumes of data, several different ERP instances, and many different vendors. The process required little resource from Fonterra, had minimal impact on vendor relationships and resulted in the recovery of a material sum of money. The post audit report benchmarked Fonterra's accuracy vs peers. Despite our high level of accuracy Profectus still identified opportunities for further improvement."
Jamie Taylor General Manager Global Business Services, Fonterra Co-operative Group Limited
"The Profectus analytics team were highly efficient, knowledgeable and Professional to deal with. They were able to quickly and effectively identify complex historically uncollected supplier income across 100s of suppliers with a service that culminated in 7 figure values back into our bottom line."
Kathy Stamatopoulos Head of Wholesale Suppliers (OTC & FMCG), Sigma Healthcare
"I’ve managed rebates for 16 years, and Profectus’ RDM is well received throughout the whole organisation with End of Month processes becoming less time consuming and more efficient. Before Profectus, we had to manage over 120,000 agreements in SAP, and this has been reduced to 500."
Ann HaydenRebates Manager, Nutrien Ag Solutions
Invoice checks per second
Different ways to check a freight invoice
More business rules for rebate calculations than SAP & Oracle