Are rebates important?

Rebates are a way of encouraging loyalty over a certain time period, which helps to incentivise trading with one specific trading partner over others. These types of rebate agreements are typically tiered where increased spending leads to increased rebate rates.

For small to medium businesses, rebate can make up the majority of their profit and for large businesses even a small improvement in process can lead to the discovery of millions of pounds, therefore it’s essential for any company who are regularly involved in rebate to scrutinise their current rebate management process and consistently strive to improve.

Learn more about how Enable helps the building materials industry: https://enable.com/rebate-management/sectors/building-materials/