Feature Set
Advanced Trade Agreements is designed to handle the most advanced pricing agreements for your company from baseline contracts to deferred revenue including:
Create more profitable customer relationships with contract management
- Generate contracts to suit your business needs — Flexible features enable contract creation for one-time sales or long-term sales agreements.
- Outline comprehensive contractual agreements— Companies can outline agreements to specify the products, prices, volume discounts, commitments and other terms and conditions that govern future orders from the customer.
- Reduce steps in the sales process— Orders placed are automatically governed by the negotiated terms and do not require any manual lookup or processing.
Adaptive features empower businesses to manage a variety of pricing agreements
- Comprehensive functionality - Trade agreements can be used to track pricing commitments in any customer relationship from orders to service contracts to warranties.
- Flexible contract management— Negotiate commitments for either the entire contract or for specific items in the contract.
- Track contract status on the fly - Accumulated order totals can then be tracked and compared against contractual commitments.
- Automatically create sales orders so that goods are delivered on time - Utilizing “push” subscription management, fulfillment sales orders are automatically created and customers can place orders for goods that are regularly fulfilled over time.
- Apply best practice accounting principles - Recognize revenues when they are incurred.
