Prominent Retailers, Marshalls Retail Group (MRG) and InMotion, Subsidaries of WHSmith, Select Vistex to Enhance Vendor Funding and Supplier Income Management

Vistex UK Ltd., XX, 2024 – Vistex, Inc. a global leader in software solutions for managing pricing, trade, royalties and incentives, announced today that MRG and InMotion have partnered with Vistex to leverage its SaaS enterprise software to optimize the retailers’ vendor funding and supplier income management processes – following WHSmith UK’s decision to choose Vistex software for supplier income earlier this year.

By integrating Vistex software, MRG and InMotion will streamline their vendor funding operations and enable MRG to better manage supplier agreements, track performance and maximize revenue opportunities.

Vistex's software solutions will provide real-time insights into vendor funding, allowing MRG and InMotion to make informed decisions and improve financial outcomes. In addition, it will enhance accuracy by automating the calculation and tracking of supplier income, reducing manual errors and administrative overhead. Advanced analytics and reporting tools will help MRG and InMotion identify and capitalize on revenue opportunities, driving growth and profitability for optimized revenue management. Integration to both MRG’s and InMotion’s ERP systems will ensure a cohesive and unified approach to financial management.

"We are thrilled to partner with Vistex to enhance our vendor funding and supplier income management capabilities," said Kevin Gotthard, CFO at Marshalls. "This collaboration aligns with our commitment to leverage innovative technologies to improve our operations and deliver greater value to our customers and partners."

Known as the industry standard for complex business scenarios, the implementation of Vistex solutions will optimize vendor funding and supplier income management processes, reinforcing the commitment of MRG and InMotion to reach operational excellence and financial integrity.

Vistex's CEO, Amos Biegun, added, "We are delighted to support MRG and InMotion in their journey towards more efficient and effective vendor funding management. Our solutions are designed to provide the insights and tools necessary for businesses to thrive in today's competitive market."

The Go-to-Market Suite (GTMS)® by Vistex is a cloud-based enterprise-class software that integrates with any ERP and offers real-time insights into program performance, gross-to-net margin and overall profitability, providing a clear picture of how programs impact your financial health. Companies across the value chain, from manufacturer to distributor and retailer, can manage buy- and sell-side programs in a unified process, enabling businesses to boost revenue, control costs and minimize leakage.

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About Marshall’s Retail Group: Marshall Retail Group (MRG) is America’s leading specialty retailer in the airport and casino- resort marketplace. For 65 years, MRG has provided clients with a collection of attractive, successful brands in more than 300 standalone stores, with over half operating inside 46 airports nationwide. MRG prides itself on ‘creating unique experiences’ for customers by developing distinctive retail store concepts that feature and highlight the local culture, community and lifestyle of the cities in which they are located. MRG, along with the largest electronics-based retailer in the nation, InMotion, are now wholly owned subsidiaries of WHSmith, the leading global retailer in news, books and convenience for the world’s traveling customer.

About Vistex: Vistex solutions help businesses take control of their mission-critical processes. With a multitude of programs covering pricing, trade, royalties and incentives, it can be complicated to see where all the money is flowing, let alone how much difference it makes to the topline and the bottomline. With Vistex, business stakeholders can see the numbers, see what really works, and see what to do next – so they can make sure every dollar spent or earned is really driving growth, and not just additional costs. The world’s leading enterprises across a spectrum of industries rely on Vistex every day to propel their businesses. Visit www.vistex.com.

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Vistex, Inc.

Alex Dehnert

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alex.dehnert@vistex.com

 

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