SAP Vistex Online Training

SAP VISTEX Training  SAP Vistex is an embedded SAP Add-On; it is NOT an external application. In other words, it sits on top of ECC itself and which means there is no system interface development. SAP Vistex Training by Tysco Online Trainings has experienced faculty with proven track record to provide the best training programsSAP Vistex Training is an SAP certified solution which provides solutions like sales/customer rebates, vendor/purchase rebates, chargeback, billback, royalty, sales incentives/commissions and many more solutions. Vistex solutions are tested, validated, licensed and supported by SAP.

SAP VISTEX TRAINING ONLINE COURSE CONTENT

1. VISTEX OVERVIEW
2. INCENTIVE ADMINISTRATION BUSINESS PROCESSES

  • Course Contents
  • Agreement creation and maintenance
  • Incentive document creation and management
  • Accrual and settlement of incentive documents
  • Reporting

3. INCENTIVE ADMINISTRATION CONFIGURATION PROCESSES

  • Course Contents
  • Agreement configuration
  • Incentive document and pricing procedure configuration
  • Accrual and settlement profile configuration

4. CHARGEBACK BUSINESS PROCESSES

  • Agreement creation and maintenance
  • Chargeback document creation and processing
  • Accrual and settlement of chargeback documents
  • Reporting

5. CHARGEBACK CONFIGURATION PROCESSES

  • Agreement configuration
  • Chargeback document and pricing procedure configuration
  • Accrual and settlement profile configuration

6. BILLBACK BUSINESS PROCESSES

  • Agreement creation and maintenance
  • Claim document creation and processing
  • Validation and reconciliation
  • Settlement and other batch jobs
  • Reporting

7. BILLBACK CONFIGURATION PROCESSES

  • Agreement configuration
  • Claim document and pricing procedure configuration
  • Billback document configuration
  • Accrual and settlement profile configuration

8. SALES REBATES BUSINESS PROCESSES

  • Rebate Agreement creation and maintenance
  • Rebate document creation and management
  • Accrual and settlement of rebate documents
  • Reporting

9. SALES REBATES CONFIGURATION PROCESSES

  • Agreement configuration
  • Rebate document and pricing procedure configuration
  • Accrual and settlement profile configuration

10. PURCHASE REBATES BUSINESS PROCESSES

  • Rebate Agreement creation and maintenance
  • Rebate document creation and management
  • Accrual and settlement of rebate documents
  • Reporting

11. PURCHASE REBATES CONFIGURATION PROCESSES

  • Agreement configuration
  • Rebate document and pricing procedure configuration
  • Accrual and settlement profile configuration

About SAP VISTEX Training:

we provide the best SAP VISTEX Training Online , to know more register in the website or call at help desk right now!It is best suited to handle complex calculation like processing rebates, sales commissions, Bill backs, chargeback and Price deals in ECC and Incentives and Paybacks (IP) Module have been branded as Global Solution Extension Product by SAP, licensed and supported by SAP through the SAP Service Marketplace since mid-2004.

With the Incentives and Paybacks (IP) Module, the concept of an ‘order to cash’ process has been extended and an additional document – IP (Incentive and Payback) document is introduced and there is no need to include calculation for rebate, chargeback and sales incentive at billing document.

Vistex is a third party tool, which is fully integrated with SAP Core R3 or ECC.  Simply Vistex put help companies to define, measure and pay or receive the incentives and rebates in any forms like charge back’s,  Bill back’s , calms etc., but the fundamental concept is to define the rules like pay or receiving it to the third parties.

  • It’s an Independent entity established in 1999 in IL, USA.
  • Became SAP Significant partner or equity partner in 2007
  • Unlike other third party plug-in it seamlessly integrates with ESS’s standards master data and transactional processes which is the core advantage of Vistex.
  • Unlike for example, CRM where we have to go to the middleware find bdocs and other middleware issues you will not see the Vistex, that is the core advantage of Vistex.
  • SAP Called it as solution Extension by SAP AG not the third part Plug – in , that is the value given by SAP to Vistex.
  • We use ABAP for any other enhancements around the Vistex and uses for a custom development Objects.

SAP VISTEX Training – Core Modules of Vistex:

  • Sales Incentives
  • Sales Rebates (Customer Rebates or CR)
  • Purchasing Rebates (PR)
  • Charge Backs (CB)
  • Bill Backs (BB)
  • Composite Plans

Sales Incentives:-

  • Sales incentives are also known as Sales commissions.
  • Sales Incentives simple put, it is an incentive paid for a sales by a company to its sales people.
  • Sales people may be employees, contractors, commission agents, dealers, distributers, Brokers.
  • If you are paying dollar to help a sale done to a particular party is called sales incentives or commissions.
  • The Transaction of any scenario is done between supplier, employee. Customer, broker.
  • The Vistex starts with an agreement and ends with a settlement.
  • For SAP Vistex system there must be agreement between the two parties.
  • The agreement between any two systems , the agreement specifically specifies three things :
  1. Eligibility: Focusing who is Eligible..? And what is eligible..?
  2. Exclusions: what is excluded, is anything should be excluded etc.,
  3. Actual Benefits: How much you can pay to the employing for selling some X units.
  • Agreement is defined by three major components that is Eligibility, Exclusion and Actual benefits.
  • If there is any agreement between the company and the employee for sales, it must be clearly defined and they will do the configuration in Vistex.
  • Based on the commission or agreement with the employee, the employee will sell in the market.

 Sales Rebates:-

Sales rebates are refunds or outgoing payments made to customers, channel partners and or group purchasing organizations for various reasons such as volume sales commitments, loyalty and revenue growth as agreed upon by the company and the customer or channel partner.

Purchasing Rebates:-

Purchasing rebates are incoming refunds or payments received from a manufacturer, vendor, or channel partner for various reasons, such as volume purchasing commitments, loyalty, and purchasing growth as agreed upon between the manufacturer/vendor/channel partners and purchasing company.

Chargebacks:-

A Chargeback is an amount claimed by a distributor from a manufacturer or vendor for the difference between their initial acquisition price and the actual agreed upon price for products/services sold to a specific end customer or partner.

BillBack’s:-

  • Billbacks occur when a manufacturer negotiates an agreement with a channel partner or directly with an end customer for special pricing or spending programs.
  • The product is sold to the end customer through a channel partner or the channel partner incurs expenses based on the negotiated spending program.
  • The channel partner files a claim with the manufacturer.
  • The manufacturer audits the claim and sends a payment to the channel partner. The end customer may also be eligible for a payment from the manufactures.

SAP VISTEX Training – Sales Commission and Incentive Compensation

Sales Incentive is the commission paid to personnel, including internal sales employees and non-employees such as dealers, distributors, and contract sales representatives, brokers, and so on, who are directly or indirectly responsible for the sale of the company’s product or services.

Why to learn  or join  SAP Vistex Training:

  • Wholesale Distribution can join SAP VISTEX Training
  • Consumer and Commercial Products
  • Pharmaceutical and Medical Devices
  • Industrial Machinery and Components
  • High Tech and Electronics
  • Process Manufacturing
  • Retail

Benefits of  SAP Vistex  Training:-

  • Provides unprecedented visibility into the breadth and depth of go-to-market programs and enabling businesses with insightful information that drive revenue, control costs and increase margins.
  • Accelerate cash flow and reduce vendor receivables by eliminating errors, disputes, delays and Reduce administrative labour overhead costs.
  • Streamline maintenance of master data that drive business transactions
  • Serving businesses of all sizes worldwide across a spectrum of industries
  • Automation of claims and payouts

SAP Vistex Training Advantages to an organization in the following sectors

  • Wholesale Distribution
  • Consumer and Commercial Products
  • Pharmaceutical and Medical Devices
  • Industrial Machinery and Components
  • High Tech and Electronics
  • Process Manufacturing
  • Retail

SAP Vistex Training concepts:

i) Vistex Introduction
ii) Benefits of Vistex Solution
iii) Industry Challenges
iv) Benefits of Vistex Solution
v) Integrated Contract Life-Cycle Management
vi) Contract Development and Administration
vii) Contract Types
viii) Contract Screen General Tab
ix) Contract Screen Customer Tab
ix) Contract Screen Products Tab
x) Group Purchase Organization (GPO) & Buying Group
xi) Group Membership
xii) Membership/Block Maintenance Screen
xiii) Buying Group assignment to Contract
xiv) Sample Process Flow
xv) Sample Exception Processing Flow
xvi) Contract Activation
xvii) Contract Best Price Logic
xviii) Contract Data Upload
xix) Manual File Upload
xx) File Upload
xxi) Inbound Contract Create/Update (EDI 845)
xxii) Common T-Codes, Tables & BADI

SAP VISTEX TRAINING Overview:

  • SAP VISTEX TRAINING helps  a manufacturer or a distributor, you can benefit from implementing the SAP Paybacks and Chargeback’s application by Vistex.
  • SAP Paybacks and Chargeback helps you streamline chargeback processes, reduce errors, validate claims, reduce disputes, prevent overpayments, and achieve extensive savings in labour costs.
  • Want to enhance sales, improve production, and build customer satisfaction, while awarding incentives for your best employees.
  • The popularity of incentive compensation programs continues to grow as companies discover that these powerful motivational instruments not only boost bottom-line revenue, but also provide a strategic tool to help you align business activities with business objectives.
  • The SAP Incentive Administration application by Vistex supports a variety of incentive agreements and programs u2013 from simplest to most complex.
  • SAP Incentive Administration integrates seamlessly with your SAP software to provide robust administration, analysis, and reporting capabilities.
  • By joining SAP Vistex Training you can focus on powerful application enables you to efficiently manage commissions and other incentive programs.
  • You can set targets and quotas u2013 and monitor actual results against your budget By joining SAP Vistex Training.
  • SAP Incentive Administration is fully integrated with and embedded in your SAP software environment.
  • The application provides extensive tools for analyzing incentive programs and reporting results.
  • As a valuable strategic resource, SAP Incentive Administration enables you to leverage incentive programs so you can align your business processes with your business objectives.

Scope of SAP Vistex Training:

  • Vistex Modules: Both Business Processes and System Processes
  • Agreement: we cover both the configuration and customization.
  • Agreement Request: it is preceding sale to agreement, where you can open the agreement request to the third party.
  • IP Document: in this you have both customization and configuration. Along with the three levels such as header levels, item levels and associated profiles.
  • Composite Plans: it is very important.
  • Account Assignment: it an key link that connect Vistex document to FI.
  • Accrual configurations
  • Settlement
  • Reporting

SAP Vistex Training Training outline:

  • Program Name: SAP Vistex Training course
  • Course Duration:  35 Hours
  • Mode: Online virtual classes and corporate

Benefits of SAP Vistex Training at Tysco Online Trainings

  • Scenario Oriented SAP Vistex Training
  • Materials and server For SAP Vistex Training
  • Access For Hands-On
  • Customized Course Agenda for SAP Vistex Training
  • Live-Support during SAP Vistex Training  Sessions Hours