Achieving Best Practice with Promax software
Promax Trade Promotion Management Software
Tired of using Excel spreadsheets to attempt to manage your valuable Trade Promotion funds and under pressure from Senior Management to not only provide a best practice approach but reduce spending and improve profit margins and volume? Read how the Promax PX Trade Promotion Management software and Trade Promotion Optimization software solution will become your saviour.
As with any new system, you need to do your homework and evaluate the associated costs and impacts on the business. A step-by-step plan is vital to ensure you make the right selection and achieve a rapid return on investment. You’ll also need to put together a valid and robust business case to justify your recommendations for implementing this new tool. So, what should you consider?
- Determine your goals – what are you trying to achieve eg improved productivity, greater visibility of trade promotion effectiveness, more accurate accruals and payment systems, improved Strategy Planning and Budget development, more time for the salesforce to concentrate on the job of signing the deals
- What impact will a new system have on the business? – implementation process, training, user acceptance
- Cost – do you have a budget and what cost savings can you expect?
- What are the other IT considerations eg interfacing with your ERP, additional hardware requirements, on-premise or cloud computing
- Software vendor experience, support and success rates
The Promax team of specialists have extensive experience in the typical RFP (Request for Proposal) process and will be able to provide you with detailed information and responses to all your questions. Contact Promax to learn more & arrange a web demonstration or register for one of our latest webinars.
With Promax PX, what is the potential impact on performance if running in a VM System environment?
As with any computer network, extensive research needs to be done to assess the appropriate sizing of hardware to deliver satisfactory performance taking into account the various software packages utilised within that organisation. Whilst we at Promax have an extensive working knowledge of the environment in which the Promax software operates including Windows operating systems, SQL Servers, VM, Terminal services and Citrix, we do not profess to be experts in operating system optimization.
Our experienced technical and consultant team provide guidelines on hardware configurations that are dedicated to Promax and as a result provide excellent performance. The sharing of these hardware resources however will obviously deteriorate the performance of all software on the system as like any computer processor, it will have a finite capacity. There is a whole area of expertise in tuning servers and with an increasing adoption of VM and Citrix this is becoming very specialised. Our recommendation is to obtain expertise from the parties that will or have supplied the VM software or an appropriate expert consultant in this field.
In Promax PX, what data fields are captured to keep track of my Deductions Management?
- Claim Date
- Entry Date
- Payment method
- Deduction Date
- Amount
- Reference Number
- Transaction type
- Payee code
- Payee name
- Product
- Tax Type
In budgeting, we must have the flexibility to allow for realignment of business rules on an as needed basis. Can Promax help?
The Promax PX solution is designed so that it scalable and flexible and can therefore adapt to the business requirements as required. For example, the solution allows the user to modify the accounting structure, deal type, calendars and other elements using standard functionality