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Now it all adds up for
An Iconic French Retail Leader

Legendary Merchandiser Leverages Vistex Solutions
for SAP to Implement a Purchasing Rebates Program

Highlights
Overview
Solution
Results
About

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Iconic French WOW Factor 1

Iconic French WOW Factor 2

Overview

This venerable, family-owned French retailer opened a 4-story store, one-tenth the size of the retailer’s flagship space. Despite the continued international expansion, their desire was to create more intimate, relationship-oriented retail spaces. Growth is key, but a high-touch customer focus is critical. A more robust rebates administration system was deployed, providing a more foundational backend. This allows for attention and resources to the front end, which is what retailers today need.

This retailer recognized these specific challenges:

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An inability to manage 5 million IP (Internet Protocol) addresses that identify network computers
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The pressing need to replace a discontinued solution with a more comprehensive solution
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Ill-equipped IT and Finance departments could no longer follow business process evolution
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A desire to automate the time-consuming manual accounting processes (accrual and settlements)

Solution

The retailer determined that Vistex Solutions for SAP needed to be implemented to provide a comprehensive end-to-end solution for rebates management processes, avoiding any master data duplication. The customer now has continuous, real-time access to current financial and transactional data, a direct link to accounts receivable and accounts payable, and the ability to eliminate manual processes.

This included:

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Repository management that enabled automated contract retrieval, interface with the contract management tool, and management of upstream repositories
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A tool enabling proposed provisions, allowing reports to visualize the back margins at any given time to any supplier, and simulate options for future negotiations
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Billing, which applied contract terms, offered flexible calculations, and enabled a system for supplier data exchange
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A collection and dispute management application for contract terms, SAP interface for collection management, reconciliation of credit/invoice requests, dispute tracking, and accurate calculations

Results

Vistex Solutions for SAP provided key improvements to this retailer’s overall business practices:

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An extensive, intelligent contract management process spanning the entire lifecycle of the supplier relationship
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A complex program for rebates within a single, global system
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Automated, end-to-end approach
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Optimized incentive programs and revenue

About

A French Retail Leader

A French retail leader with an international reach and more than 100 years of experience in commerce and retail. The retailer enjoys international recognition through many different brands.

Headquarters: Paris, France

Industry: Retail

Products: Department stores, apparel, textiles, accessories, etc.

Revenue: €4.5 billion in 2018

Locations: Flagship store in Paris; stores globally and online

Employees: 18,000+

Vistex solutions implemented:

Solutions for SAP

  - SAP Incentive Administration

  - SAP Paybacks and Chargebacks