What does vistex company do?
Vistex Inc. develops and implements software solutions. The Company develops enterprise software solutions, product design, manufacturing and supply chain, and marketing services.
Is vistex owned by SAP?
Vistex solutions are sold as SAP Solution Extensions. The company’s software manages mission-critical programs, including pricing, trade, royalties and incentives, as part of the enterprise management system.
Is vistex a good company?
Is Vistex a good company to work for? Vistex has an overall rating of 3.7 out of 5, based on over 284 reviews left anonymously by employees. 72% of employees would recommend working at Vistex to a friend and 82% have a positive outlook for the business. This rating has improved by 4% over the last 12 months.
What industry is vistex?
As a company in the media or entertainment industry, you have had to meet the combined challenges of an increase in the demand for your content, including access to previously inactive library content, and the proliferation of rights needed to service a wide variety of new channel platforms.
How many employees does vistex have?
1,500+ employees
Vistex now has 21 global offices and 1,500+ employees.
What is vistex in SAP?
Vistex is an embedded solution within SAP that uses the same master data and G/L accounts. It is able to handle complex supplier and customer agreements; that are not available with the standard SAP configuration.
Is vistex good for freshers?
Productive and creative work place I got recruited after completion of my graduation and I felt no difference in developing programs. I liked working at VISTEX. Seniors co-operate very well. The most enjoyable part of my job is when High Priority issues comes and they are solved by me.
What does SAP actually do?
SAP is one of the world’s leading producers of software for the management of business processes, developing solutions that facilitate effective data processing and information flow across organizations.
What is vistex rebate?
Vistex Incentive Administration manages sales- and purchase-based rebates. It allows you to offer go-to- market programs to your channel partners and customers as well as manage rebate programs offered by suppliers and distributors to you.
What is chargeback in vistex?
Chargeback = wholesale acquisition cost (WAC price) – Contract price * Quantity. Chargeback Process – Source document for chargeback document is Invoice. If invoice is archived / contract reference # is not present ,we will use the claim document for chargeback document creation.
Why do so many companies use SAP?
It provides information across all departments in real time. SAP ERP system provides control on different business processes. The centralized system enhances productivity, provides better inventory management, endorses quality, decreases raw material cost, effective HR management, reduce expenses and enhances profits.
Why do businesses use SAP?
SAP provides “future-proof Cloud ERP solutions that will power the next generation of business.” With its advanced capabilities, SAP can boost your organization’s efficiency and productivity by automating repetitive tasks, making better use of your time, money and resources.
What is IP document in vistex?
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.
What is rebate management?
Rebate Management is the process of recording what rebate method applies to a customer or product, i.e. in a trade agreement. Each purchase or sale is then tracked against the trade agreement so an accrual can be made, which then gets claimed or paid.
Is a chargeback a refund?
As a result, you may try to dispute it with your credit card issuer through the process of a chargeback. Chargebacks are different from refunds, but both can result in you receiving a credit for an order that went wrong or a fraudulent charge on your account.
Is SAP becoming outdated?
SAP has said that until December 31, 2025, it will continue to offer support to its customers on legacy software. After that, it will no longer support it.
What is a Vistex module?
Vistex is a global provider of enterprise solutions and services. SAP Global Software Solution Extension Partner. Vistex modules utilize the core SAP ERP and SAP S/4HANA environments. Products tested, validated, licensed and supported by SAP.
How long has Vistex been in business?
Within two years, the first version of Vistex solutions were launched. It caught on quickly with customers and partners. Fast forward 20 years. Vistex now has 21 global offices and 1,500+ employees. Leading brands such as GM, Barilla, and Serta-Simmons rely on the software every day to drive revenue.
Does Vistex offer SAP solutions?
Solutions for SAP. Leveraging our unique Go-to-Market (GTM) expertise, and capitalizing on our longstanding and unique strategic relationship with SAP, Vistex offers a number of innovative embedded solution extensions for SAP software. Vistex is a global provider of enterprise solutions and services. SAP Global Software Solution Extension Partner.
Who is in the Vistex leadership team?
Meet the Vistex Leadership Team. Sanjay Shah Sanjay Shah is the Founder of Vistex and serves as its Chief Executive Officer and Chief Architect. Sanjay brings a high level of passion, energy and skills to address complex business processes for global organizations.