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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Boost revenue, volume, and profitability through comprehensive trade management processes. Empower sales leaders in consumer products to manage trade promotion planning and execution, utilize sophisticated trade management analytics, and engage in thorough customer business planning using SAP Trade Management. Leverage our unified tool for customer business planning to enhance accuracy in planning, swiftly identify deviations from the plan, and respond to those discrepancies with greater efficiency. Merge insights from both manufacturers and retailers to communicate and negotiate effectively with customers in their preferred terminology. Seamlessly integrate volume, margin, assortment, promotion, and financial planning while aligning deductions with promotional invoices to expedite the clearing process. Keep a close watch on promotional specifics and accruals, provide a centralized repository for claims reconciliation, and ensure real-time visibility into payments and funding obligations, ultimately fostering a more streamlined trade management experience. Additionally, this holistic approach not only simplifies operations but also enhances collaboration across all stakeholders involved in the trade management process.

Description

For companies in the Consumer Packaged Goods (CPG) sector, trade spending typically ranks as the second highest cost, following the cost of goods sold. As consumer preferences and retail alliances evolve swiftly, these companies require enhanced capabilities to efficiently manage their trade promotion optimization efforts. The quest to optimize trade spending is complicated by various external elements, including fierce competition in the market, region-specific logistics, and compliance with regulations. Additionally, organizations encounter obstacles stemming from internal issues, such as fragmented data across multiple platforms (including ERP, POS systems, and syndicated data from sources like Nielsen), challenges in extracting insights from analyses conducted before and after promotions, and the common difficulties in fostering collaboration among teams in sales, marketing, finance, and demand planning. To tackle these challenges effectively, Wipro has developed its Promax® suite of solutions, which encompasses trade promotion management, optimization, and execution (TPM, TPO, and TPx), ensuring a comprehensive approach to trade spend management. By leveraging these solutions, CPG companies can navigate the complexities of trade spending with greater efficiency and effectiveness.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Datatron
Denodo
HPE Consumption Analytics
IBM Apptio
PTC FlexPLM
SAP Joule
Ubersmith

Integrations

Datatron
Denodo
HPE Consumption Analytics
IBM Apptio
PTC FlexPLM
SAP Joule
Ubersmith

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

SAP

Founded

1972

Country

Germany

Website

www.sap.com/products/trade-management.html

Vendor Details

Company Name

Wipro

Country

United States

Website

www.wipro.com/consumer-packaged-goods/wipro-promax/

Product Features

Trade Promotion Management

Analytics / ROI Tracking
Approval Workflow
Budgeting & Forecasting
Claims Management
Competitor Analysis
Compliance Management
Customer Management
Discount Management
Pricing Optimization
Promotion Calendar
Settlement Management
Trade Agreement Management

Product Features

Trade Promotion Management

Analytics / ROI Tracking
Approval Workflow
Budgeting & Forecasting
Claims Management
Competitor Analysis
Compliance Management
Customer Management
Discount Management
Pricing Optimization
Promotion Calendar
Settlement Management
Trade Agreement Management

Alternatives

Alternatives

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BluePlanner

UpClear
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BluePlanner

UpClear
mPromo Reviews

mPromo

Mindtree
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C-Smart

Cognizant
TELUS Trade Promotion Management Reviews

TELUS Trade Promotion Management

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