The rebate cheque is one number.Your purchase history is thousands.
We check the supplier statement and the buying group recap against the same purchases, line by line.
- Fixtures and faucets
- Valves and fittings
- Copper, PEX and PVC
- Water heaters and pumps
The first pass is free while we onboard the first ten distributors.
Cross the level and the rate goes back to dollar one
Two agreements, two industries, one mechanism. Neither of them is a plumbing agreement, and the note says so.
PERCENTAGE REBATE APPLIED TO ALL PRODUCTS PURCHASED IN CALENDAR YEAR
| Bought in the year | Rate once you cross | Paid on every dollar |
|---|---|---|
| Up to $5,999,000 | 0% | $0 |
$1,000 more of buying, and the whole year pays $600,000 rather than nothing. | ||
| $6,000,000 to $6,999,999 | 10% | $600,000 |
| $7,000,000 to $7,999,999 | 11% | $770,000 |
| $8,000,000 to $8,999,999 | 12% | $960,000 |
| $9,000,000 to $9,999,999 | 13% | $1,170,000 |
| $10,000,000 or more | 14% | $1,400,000 |
“Level Three: volume incentive of 1.0% for warehouse purchases back to "dollar one" if Distributor reaches $200,000 in warehouse purchases.”
Back to dollar one is written in quotation marks three times in that paragraph. The drafter is quoting your trade, not inventing a phrase.
A note on the evidence. HVAC, plumbing and electrical distributors do not file their supplier agreements with the SEC, because those agreements are not material under Item 601. Ace Hardware and Ruud Lighting are the direct evidence. The rest are agreements of the same shape from other industries. It is the best public evidence there is, and it is not direct evidence of your trade. No plumbing distributor’s supplier agreement turned up in the filings behind this page. The table is a lighting agreement and the quotation beside it is a hardware co-operative that EDGAR classifies under wholesale hardware, plumbing and heating.
Three files, and both bases get checked
One statement, two bases, both checked
A line rate under an annual level is two calculations. We run both, then show you the difference against what actually arrived.
How the reconciliation works
- 01
Send three files
The statement or the group recap, the agreement behind it, and your purchase export.
- 02
We run both bases
The line rate and the annual level counted separately, then added the way the paper adds them.
- 03
You see both totals
What arrived, what the two bases add to, and the difference between them.
Also for plumbing distributors: Statement reconciliation · Buying group rebates · Claim deadlines
Two sets of paper, one set of purchases
Where a manufacturer programme and a group recap cover the same invoices, the two have to agree.
We reconcile each against the invoices it names
The manufacturer agreement on its own levels and dates, the group recap on the purchases it says it is paying, and then the overlap.
How group rebates work
Questions people ask first
Both, separately, and then the total. A statement that pays on two bases at once gets reconciled on both of them, and we read which is which out of the agreement rather than working it back from the total they sent you.
Three files. The agreement that governs the rebate, one statement paid under it, and the purchase export covering the same period. The statement can be a PDF, a spreadsheet or a scan. The export needs date, supplier, invoice number, part number, quantity and amount, under whatever column names your system already uses.
No. Export your purchases the way you already do and send the file. Prophet 21, Eclipse, Infor and NetSuite all produce something we can read, and your IT guy never has to get involved.
Three plans between $299 and $1,199 a month, on the pricing page, with the agreement and purchase limits published for each one. Month to month, and you cancel it yourself.
Then you have a checked answer that your rebates are being paid correctly, which is what we expect on most agreements. The first pass is free for the first ten distributors, so finding nothing costs you a file transfer.
Your files are encrypted on US servers and only the people you invite can see them. We are not SOC 2 certified and we will not put a badge on this page pretending we are. If your controller wants a security review first, say so and we will work through it.
Send one statement from your biggest plumbing supplier.
We check it against your purchases, level by level, and send back what it should have paid.
Free while we onboard the first ten distributors.