How is rebate management software different to Excel?

In the realm of rebate management, the choice between traditional Excel spreadsheets and a modern automated rebate management process can significantly impact a business's efficiency and profitability. Excel, a long-time staple for financial tasks, offers familiarity and initial ease of use, but its limitations are increasingly apparent as businesses grow and rebate programs become more complex. This overview explores why transitioning to automated rebate management software is beneficial, comparing the pros and cons of Excel-based versus software-based rebate management.