CaRMA

COLLABORATIVELY MANAGE CONTRACTS & REBATES

Careful and regular monitoring of contracts and rebates can be a complex, time-consuming and costly process.

It’s possible to enhance your contract management through better synchronization of data, better collaboration within your supply chain, and access to timelier, transparent information with iTradeNetwork. Our on-demand solutions enable tighter collaboration with your trading partners, ensuring agreement and accurate application of contract terms.

Segments Served:


CaRMA

COLLABORATIVELY MANAGE

CONTRACTS & REBATES

Careful and regular monitoring of contracts and rebates can be a complex, time-consuming and costly process.

Segments Served:

iTrade’s CaRMA is a collaborative system where both parties have access to the same information. CaRMA is used for creating, negotiating and approving various contract programs and terms. CaRMA provides the electronic communication, validation and synchronization of contract and performance for manufacturers, resulting in more timely and accurate payments, as well as lower administrative costs on rebates and billbacks. CaRMA provides visibility into contracts & rebates, helping you to:

Simplify collaboration by electronically managing contract pricing and rebates
Access a single version of the data truth for all participants
Improve supply chain visibility across your organization

It’s possible to enhance your contract management through better synchronization of data, better collaboration within your supply chain, and access to timelier, transparent information with iTradeNetwork. Our on-demand solutions enable tighter collaboration with your trading partners, ensuring agreement and accurate application of contract terms.

iTrade’s CaRMA is a collaborative system where both parties have access to the same information. CaRMA is used for creating, negotiating and approving various contract programs and terms. CaRMA provides the electronic communication, validation and synchronization of contract and performance for manufacturers, resulting in more timely and accurate payments, as well as lower administrative costs on rebates and billbacks. CaRMA provides visibility into contracts & rebates, helping you to:

Simplify collaboration by electronically managing contract pricing and rebates

Access a single version of the data truth for all participants

Improve supply chain visibility across your organization

KEY FEATURES

AUTOMATE PROCESSES TO DRIVE EFFICIENCIES

Managing contract pricing and rebates electronically via CaRMA helps you to eliminate a number of manual tasks, thereby improving efficiency and reducing administrative costs.

IMPROVE ACCURACY

The collaborative nature of CaRMA means fewer errors for distributor invoice pricing and manufacturer rebate payments. It also means improved accuracy for rebate accruals.

SINGLE TRUTH FOR ALL PARTICIPANTS

CaRMA acts as the system of record for transactions for all parties, which helps to avoid confusion and disputes. It helps you to maintain a positive relationship with your trading partners.

REAL-TIME VISIBILITY INTO CONTRACTS & REBATES

Every important aspect of every transaction is synchronized across trading partners systems, meaning you always have instant and reliable access to the information you need to manage your contracts and rebates. There is also a comprehensive reporting facility to further improve visibility across your organization.

AVAILABLE STANDALONE OR INTEGRATED WITH YOUR EXISTING SYSTEMS

While many customers prefer to use our user-friendly standalone application, you can use CaRMA as the transactional engine while importing data into your existing contract and rebate system.

ACCESSIBLE ANYTIME, ANYWHERE

All of our solutions are securely hosted in the cloud meaning that you can check contract and rebate status anytime, anywhere and on virtually any device.

KEY FEATURES

AUTOMATE PROCESSES TO DRIVE EFFICIENCIES

Managing contract pricing and rebates electronically via CaRMA helps you to eliminate a number of manual tasks, thereby improving efficiency and reducing administrative costs.

IMPROVE ACCURACY

The collaborative nature of CaRMA means fewer errors for distributor invoice pricing and manufacturer rebate payments. It also means improved accuracy for rebate accruals.

SINGLE TRUTH FOR ALL PARTICIPANTS

CaRMA acts as the system of record for transactions for all parties, which helps to avoid confusion and disputes. It helps you to maintain a positive relationship with your trading partners.

REAL-TIME VISIBILITY INTO CONTRACTS & REBATES

Every important aspect of every transaction is synchronized across trading partners systems, meaning you always have instant and reliable access to the information you need to manage your contracts and rebates. There is also a comprehensive reporting facility to further improve visibility across your organization.

AVAILABLE STANDALONE OR INTEGRATED WITH YOUR EXISTING SYSTEMS

While many customers prefer to use our user-friendly standalone application, you can use CaRMA as the transactional engine while importing data into your existing contract and rebate system.

ACCESSIBLE ANYTIME, ANYWHERE

All of our solutions are securely hosted in the cloud meaning that you can check contract and rebate status anytime, anywhere and on virtually any device.

REAL RESULTS

30% improvement in contract accuracy at line item level
Up to date, accurate sales volumes providing the ability to calculate exact rebate amounts
Monthly invoices to eliminate a back log of rebates, all paid at once
Elimination of manual tasks, improving efficiency and reducing administrative costs
Enhanced visibility to specific products and unit sales for contracted versus non-contracted items


REAL RESULTS

30% improvement in contract accuracy at line item level

Up to date, accurate sales volumes providing the ability to calculate exact rebate amounts

Monthly invoices to eliminate a back log of rebates, all paid at once

Elimination of manual tasks, improving efficiency and reducing administrative costs

Enhanced visibility to specific products and unit sales for contracted versus non-contracted items

“iTradeNetwork has created a solution that makes sense for Sodexo. CaRMA will enhance our contract management through better synchronization of data, better collaboration within our supply chain, and the eventual provision of more timely, transparent information to selected supply chain partners.”

Ann Oka
Senior Vice President, Sodexo Supply Management

“iTradeNetwork has created a solution that makes sense for Sodexo. CaRMA will enhance our contract management through better synchronization of data, better collaboration within our supply chain, and the eventual provision of more timely, transparent information to selected supply chain partners.”

Ann Oka
Senior Vice President,
Sodexo Supply Management