
PROS, a leader in AI-powered SaaS for pricing and sales solutions, has launched PROS Smart Rebate Management in its latest platform release. This new feature automates rebate management, enabling more efficient processing of rebates and integrating pricing and selling capabilities to optimize offers in real-time across all sales channels. With automated rebates, companies can make smarter commercial decisions, boosting conversion and profitability.
Rebates are valuable tools for stimulating demand and incentivizing purchases, but they are often underutilized due to complex management processes. Industry analysts note that without automation, managing rebates—from offer to claim and settlement—can be challenging and prone to errors when done manually, impacting a company’s ability to provide profitable, compelling offers.
“Rebates are a strategic component that helps businesses respond to market shifts, manage margins, and streamline multi-channel sales,” said Sunil John, Chief Product Officer at PROS. “Embedding rebates into commercial strategy enables businesses to navigate dynamic markets more effectively.”
The end-to-end Smart Rebate Management solution includes:
- Rebate Program Management: Create, review, and approve rebate programs within a single platform. This includes both pre-defined and customizable incentives tailored to specific business needs.
- Rebate Attainment Support: Track criteria like minimum purchase levels, growth targets, and qualitative goals such as training or product displays.
- Accruals and Settlements: Automate tracking of accruals to maintain accurate payout visibility.
- Claims Management: Streamline claim creation through automated schedules and manual options for qualitative incentives.
- Approval Workflows: Simplify rebate program approvals to improve collaboration across pricing, finance, and sales teams, offering transparency into program performance.
PROS Smart Rebate Management is integrated within the PROS Platform, delivering connected workflows that empower sales, pricing, and eCommerce teams with tailored, efficient offers across all channels. By leveraging AI, PROS helps organizations personalize each buying experience and enhance transaction profitability.
For further details, visit PROS Smart Rebate Management.
About PROS
PROS Holdings, Inc. (NYSE: PRO) provides AI-driven SaaS for pricing, CPQ, revenue management, and digital marketing. With nearly four decades of industry expertise, PROS supports B2B and B2C companies across sectors, including airlines, manufacturing, distribution, and services, in driving profitable growth. The PROS Platform offers real-time, AI-powered insights to optimize revenue and margins. To learn more, visit www.pros.com.