Genpak Improves Customer Satisfaction with Systematic Rebates and Accruals
Discover how Genpak, a leading North American manufacturer of food packaging, leverages Vendavo to systematically and effectively accrue and pay out rebates.
Highlighted Business Outcomes
Faster payments
Timely and consistent rebate and marketing payments for customers
Improved reporting
Deeper and more transparent reporting and data
Better enablement
Important rebate, payment, and marketing visibility for sales
The Challenge
Genpak, a leading North American manufacturer of food packaging, is dedicated to advancing innovative packaging to enhance the human experience. Vendavo helps Genpak successfully deliver on this mission and better serve their customers by providing a way to systematically and effectively accrue and pay out rebates.
Prior to partnering with Vendavo, Genpak examined their end user revenue and trade spend and concluded that the systems and functions they were using were not providing accurate reporting or consistent data to the team. Genpak’s manual rebate management process made it challenging to consistently make payments on time.
We were able to integrate Vendavo with our existing database and AP systems to allow us to automatically accrue and pay out rebates. Customers are extremely satisfied with getting their payments on time and in a more consistent fashion.”
Ali Bren
Director of Customer Service
The Solution
Genpak relies on Vendavo Rebate & Channel Manager to efficiently process invoice deductions, maintain and track trial balances, provide POD end-user related pricing, access sales and accounting reports, and automatically cut rebate and marketing checks to their customers.
Vendavo easily integrated with Genpak’s existing database and AP systems and allows Genpak to systematically accrue and pay out rebates. Customers are much more satisfied with on-time and consistent payments. In addition, the sales team now has important visibility into end-user pricing, rebate and marketing accruals, payment history, and check details, so they can answer customer questions whether they are on the road or behind a desk.
The Results
To remain a leader in the food packaging industry, Genpak is always listening to their customers’ needs and innovating their packaging products accordingly. Regardless of their title, customer service is every employee’s responsibility. Genpak puts the customer first every time. The food service industry is forever changing. Genpak’s innovations team is dedicated to solving current and future food packaging needs to ultimately enhance the human experience.
Vendavo has helped us achieve our mission statement and successfully serve our customers”
Ali Bren
Director of Customer Service
About Genpak
Overview
Genpak is a leading food service packaging manufacturer and innovator focused on innovation and strong customer service. They are on a mission to develop reliable, secure, and versatile food service containers including foam containers, plates, plastic bowls, clear deli containers, condiment cups, eco-friendly packaging, and custom engineered solutions. Genpak delivers food service containers designed to fit your business needs.
Fast Facts
Website: www.genpak.com
Industry: Packaging
Headquarters: Mississauga, Ontario, Canada
Region: Global
Employees: 1,850+
Products used: Rebate & Channel Manager