The standard DealTrack product includes a number of base features, plus a variety of additional optional features that are available to you upon request.
The following list of DealTrack’s base features are included as standard and, as such, can be considered as “in scope” for Onboarding.
Browser based interface
DealTrack will be supplied as a fully hosted Software-as-a-Service (SaaS) solution, accessed via a web browser over HTTPS.
Users will log into the DealTrack user interface by entering their email address and password. Certain authorized users will be given admin user accounts.
Up to date calculations
DealTrack’s core functionality is the dynamic calculation of rebate earnings.
Rebate is calculated dynamically, so changes to deals or master data can be applied retroactively.
Schemes and deals are set up in DealTrack, thereby forming a central repository of rebate agreements.
Rebate calculation mechanisms
A scheme consists of one or more deals which are the rebate earning elements. A deal is assigned a deal mechanism, which is the plug-in used to determine the inputs required for the calculation of rebate and the selection of the correct calculation algorithm.
Turnover can contribute to rebate earnings for more than one deal. In this case, some agreements stipulate that the earnings of one deal are deducted from the turnover of a second deal before calculating the rebate of this second deal.
Enable will configure the required master data structure based on the parameters of your rebate agreements.
Currencies will be configured as part of Onboarding.
DealTrack keeps an ‘activity log’ of key user actions. Certain authorized users will be given admin user accounts. Admin users can access the activity log and control user access permissions.
Rebate earnings reporting
DealTrack will be supplied with its standard set of core reports, as follows:
Deal earnings · A report of deal-by-deal rebate earnings;
Daily earnings · A report of rebate earnings for a selected trading partner expressed per time period and, optionally, per deal;
Turnover · A report of the turnover data present in DealTrack for a selected trading partner.