Feb 24, 2022
In 2017, Andrew Butt launched his third startup -- Enable, a venture-backed ($58.6M) cloud-based SaaS solution for B2B rebate management. The software is used by procurement and finance professionals in distribution, wholesale, and manufacturing across over 50 industries so that they can have an easy, seamless solution to execute and track their full range of trading programs.
More than $1 trillion in rebates are issued each year, and 4% of potential rebate revenue typically goes unclaimed due to companies using old methods like inadequate software solutions and excel sheets. Enable makes sure this revenue doesn't fall through the cracks and has more merchants and suppliers in the UK and US than any other comparable software solution.
Andrew Butt, Co-founder, and CEO of Enable, shares his story with me on Tech Talks Daily Podcast.