WHSmith operates more than 1,700 stores globally. Credit: Sorbis/Shutterstock.

British retailer WHSmith has partnered with software solutions provider Vistex to enhance its supplier income management.  

The retailer will leverage Vistex’s SaaS enterprise software to strengthen its commitment to operational performance and financial integrity.  

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Vistex’s supplier rebates solution will streamline the entire rebates process, including agreement management, accruals and settlement for WHSmith, providing increased control and visibility over financial dealings. 

The Vistex solution automates supplier income calculation and tracking, decreasing manual errors and administrative overheads.  

It also provides insights into supplier programmes in real-time, allowing the company to improve decision-making and strategic planning.  

The solution can be easily combined with WHSmith’s existing enterprise resource planning systems, ensuring a consistent and unified approach to financial management.  

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It also ensures compliance and control over activities related to supplier income. 

WHSmith commercial transformation director Phil Wells said: “We are excited to partner with Vistex to further enhance our supplier income management. 

“Vistex’s proven expertise and innovative solutions will enable us to streamline our processes, improve accuracy and ultimately drive better financial outcomes for our business.” 

WHSmith operates more than 1,700 stores across 30 countries, offering books, newspapers and magazines, digital accessories, stationery and other items.

Vistex CEO Amos Biegun said: “We are proud to support WHSmith in their journey towards enhanced financial management. Our solutions are designed to provide businesses with the tools they need to manage intricate financial processes effectively, and we look forward to a successful partnership with WHSmith.” 

In June 2024, WHSmith selected software company Xiatech’s hyper-integration data platform Xfuze to support its international expansion.