'Volume discount’ is a commonly used term during contract negotiations. Purchasers are aware that negotiations, especially regarding bonus arrangements, can be intense. However, actually claiming the agreed-upon bonuses often falls short. Rebate Management is the remedy for this.
Suppliers aim to cultivate loyalty among their buyers with rebates (also known as kick-backs or bonuses). At the same time, they provide additional incentives to encourage the purchase of larger volumes. They achieve this by reimbursing the buyer a certain amount at the end of a period, provided that they have purchased a specified quantity of items or ordered a certain amount.