If you have the 'near miss analysis' solution, you can use the Rebates analysis database in Phocas to identify the biggest opportunities to maximise benefit from a Rebates agreement.
Activate near miss at project level
Even if you have the 'near miss' solution you still need to In Rebates open the project set up screen and ensure that Near Miss Analysis is enabled. Repeat this operation for each project where near miss will be used.
6.2 Run a calculation in Rebates with near miss enabled
After setting up an initial rebate rule, run a manual calculation. This will populate the tables
Near miss results are calculated at the same time as scheduled or manual calculations are run.
The calculation covers for each rebate:
Which bracket the recipient is currently in,
The corresponding rebate amount (what rebate will I get if I stop spending now?),
How far within the bracket I am (%)
How much more I need to spend to reach the next bracket
How much my rebate will be if I hit the next bracket
The intention is to identify the rebates which will give me the maximum benefit so I can target my spend effectively - when I claim a rebate from a supplier. If I pay rebates, I might use this to either encourage my customers to spend more to hit their rebates or I might try and steer them away from it to save some money.
The data - for now - will only be visible in Phocas. This is so that non Rebates users (buyers/account managers, directors) can also access it without extra work for the Rebates administrator.
You do not need to post the data for Near Miss to be updated.
The slight downside to all this is that it has to be installed and configured by Phocas as the Phocas as a solution. The standard process only takes a few seconds. I'll update the install instructions but feel free to shout me if you have any question on the above. It will be delivered via a solution, which the phocas user will need to install, so documentation will mostly be internal doc. However the changes in UI (when running or scheduling a calc) are very obvious to the end user; on that basis it would be great to add something into the public documentation.
It will be delivered via a solution, which the phocas user will need to install, so documentation will mostly be internal doc. However the changes in UI (when running or scheduling a calc) are very obvious to the end user; on that basis it would be great to add something into the public documentation.
link is to open a rebate
