Case Study: The Very Group drives £5M in profit and saves £1M annually with Flintfox

The Very Group drives £5M in profit with Flintfox

The Very Group, a major UK online retailer, faced significant challenges in managing supplier rebates and pricing agreements. They relied on 30 cumbersome spreadsheets, a process that was manual, error-prone, and left millions in supplier funding unclaimed. This inefficiency impacted cash flow, supplier relationships, and the ability to make timely, informed decisions on margins.

By implementing Flintfox's rebate management platform, The Very Group automated and centralized its entire process. The solution from Flintfox provided real-time visibility, improved accuracy, and seamless integration with their financial systems. The results were substantial: Flintfox helped drive an extra £5 million into the business in the first year, achieved £1 million in annual cost savings by eliminating third-party services, and completely retired the 30 spreadsheets, allowing for scalable management of over 1,500 daily trade agreements.

The Very Group