New functionality in industry leading advanced pricing management solution includes unparalleled flexibility when designing trade agreements.
8 February, 2018 – Flintfox International, a leading global provider of Trade Revenue Management software solutions and ERP consulting services, announces new capabilities in Flintfox TPM v7.8, the latest release of its advanced Trade Revenue Management suite for Microsoft Dynamics for Finance and Operations.
The latest version includes a range of new industry-leading features and add-on functionality that will enable customers to improve operational efficiency and drive revenue through improving the way they manage their pricing and promotions activity.
Increased revenue opportunity with enhanced ‘upselling’ capability
Instead of deals ‘automatically’ being applied to orders, new ‘manual pricing’ design functionality when setting up trade agreements, means that users now have greater flexibility around upselling. The discretion as to which deals should be applied to the order can now be provided to the user (in line with the organisation's procedures), and in a phone order situation where increasing the order will get a better break price, the user can use this knowledge to advantage by 'upselling' there and then, with the result of increased revenue.
More flexibility around ‘Free Goods’ setup
The new version also includes Trade Agreement ‘Free Goods’ enhancements with the ability to cater for complicated and varied scenarios around ‘Free Goods’, sometimes referred to as Bonus Stock or BOGO (Buy-One-Get-One). The new features allow a single Trade Agreement pricing line to contain multiple pricing break levels, each with a different set of trigger conditions and rewards, allowing for example, customers to purchase quantities of a range of products and be rewarded with a quantity of completely different products.
Enhanced user experience
A range of other new features have also been developed to improve user experience and speed for setting up new trade agreements and claims. When importing and exporting of customer and vendor claim documents in various file formats, new import and export data packages based upon the Microsoft Data Management framework (DIXF) available in Dynamics 365 have been created. Many additional SQL Server Reporting Services (SSRS) reports are also now available using the native Microsoft cloud connection for Dynamics 365.
“Flintfox continues to help its customers grow revenue opportunities using our TRM solution for Microsoft Dynamics 365 for Finance and Operations,” says James Lett, Chief Technology Officer at Flintfox. “Manual pricing design will allow for more flexibility in setting up trade agreements and ‘upselling’ situations, while boosting efficiency and ultimately driving increased revenue. With other new additions, our industry leading solution now delivers even more powerful capabilities and will continue to set a high standard, with an unparalleled range of features and functionality.”
Flintfox develops trade revenue management software that integrates with any ERP, as well as ERP consulting and implementation services. We have over 30 years of experience and expertise delivering solutions for pricing, accruals and rebates to the retail, consumer goods, manufacturing, and wholesale distribution industries.
Our products and services allow our customers to streamline their operations and improve efficiency, enabling them to be more competitive, flexible and profitable.
Flintfox operates across North America, South America, Europe and Asia Pacific, with headquarters located in Auckland, New Zealand.