Enterprise Revenue Dynamics

Strategic Platform

Improving the Contract Process through a Strategic Platform

The optimal Enterprise Revenue Dynamics solution builds upon a single, scalable, standards-based platform that provides common interfaces, services, and security across all business functions and serves as the central hub of all contract-related information for an organization. Such a platform needs to be agile, extensible, and secure. Agility involves a high level of user configurability to meet the changing needs of the company. Extensibility enables integration with a company’s existing systems, workflows, and business processes, without straining resources. Security ensures that data is protected and accessible to the right people at the right time.

Leveraging a single, strategic platform enhances an organization’s ability to efficiently manage the contract process, automate the execution of complex pricing scenarios, and improve analysis and compliance reporting.

Clear Benefits, Enterprise-Wide

Contracts
Automating contract management as the unified source for contract information provides end-to-end visibility, enabling a business to identify process bottlenecks, speed agreement cycle times, and improve the overall contract process. Furthermore, the hand-off of information from the contracting system to the revenue management system ensures data integrity and mitigates risk.

Pricing
Through one single platform, it is easier to identify and validate payments owed or due and seamlessly integrate that data into existing ERP systems. Furthermore, by analyzing contract performance data, it becomes possible to make accurate estimates of accruals of future revenue from rebates, chargebacks, and other payment activities.

Compliance
Greater visibility into contract terms and details using a single, integrated, standards-based platform greatly reduces the risk and exposure that complex agreements typically introduce. Auditors can access the most current data available to verify contract execution and obtain positive proof of compliance.

Learn About the Flex™ Platform
Revitas’s Flex™ platform is the industry’s only integrated platform powerful enough to drive effective Enterprise Revenue Dynamics strategies. Learn how the Flex platform enables the management of contracts holistically across the enterprise to maximize the full value of B2B relationships and transform contracting into a competitive advantage.