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 an 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:
The ICI Promotions, Rebates & Royalties app is built on top of the Icertis Contract Intelligence (ICI) platform, enabling you to seamlessly leverage contract data to quickly plan, execute, and settle promotions with your partners. With the help of this app, companies can: