6 years ago
e-Bate Raises €1 Million to Expand Rebate and Pricing Platform
e-Bate, a UK-based SaaS platform for managing rebate and pricing schemes, has secured €1 million in funding from Mercia Asset Management and private investors
The funding will be used to expand sales and marketing efforts and reach a wider audience
e-Bate was founded by Leanne Bonner-Cooke MBE and Colette Wyatt, who recognized a gap in the market for an affordable off-the-shelf solution for managing complex rebate schemes
The platform automates the process, helping companies reduce overheads, manage pricing, increase revenues, and ensure compliance.
ProblemTechnology
"Many large corporations have rebate deals between themselves and their suppliers, and on both sides a lot of money is left on the table as rebates are not effectively accounted for or claimed due to poor rebate management."
Solution
"e-Bate is a software platform that helps companies manage rebate and pricing schemes by automating the process, helping to reduce overheads, manage pricing and increase revenues and profit while ensuring compliance through a full audit trail and comprehensive approval workflows."