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Purchasing decisions must factor in two important elements: the first is how to increase customer loyalty while maximising profit margins. The second is negotiating the best pricing agreement with suppliers. Achieving this balance is the underpinning of an effective rebates program. Having the ability to account for every dollar is critical when margins are tight, yet rebate programs can be complex and difficult to track. This blog explains how to simplify the process of managing rebates across your business.

The federal government introduced the legislation to Parliament in November and the reforms represent the most important changes to Australia’s insolvency framework in 30 years. The legislation includes a new, simplified debt restructuring process that can be accessed by small businesses experiencing distress, which draws on key features of the Chapter 11 bankruptcy model in the United States and will apply to incorporated businesses with liabilities of less than $1 million.

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Constellation Brands on COVID-19 era purchasing behaviour: ‘There will be some fundamental changes' E-commerce for beverage alcohol has exploded due to the pandemic – increasing around four times in volume, according to Constellation Brands. But that is only one change it sees in the way consumers shop.