How do members pay quarterly purchase volume fees using rebates earned?
• The process starts when CB/USA collects rebates from vendors for on-time payments and credits each member’s rebate account. Each member’s rebate account is then debited to pay for accrued quarterly purchase volume fees. CB/USA then distributes the net amount in each member’s rebate account to the city group in one lump sum payment. Members have real time access online via CB/USA’s software to reporting on paid rebates, accrued volume fees, and rebate distributions.
