Abstract: Under an agreement between a buyer and a seller, multiple rebates may be configured and calculated to capture the benefits of such a rebate program using a third party service via a network. For example, the buyer agrees to a minimum purchase requirement and receives a flexible early-payment rebate on each individual transaction between the two. The rebate is larger the earlier in a billing cycle the buyer pays its account in full. The buyer is able to impose purchase restrictions, for example, limiting its employees to buy from only specific suppliers, to buy only specific products, or to buy no more than a certain dollar amount of a product over a specific period. A platform for calculating and applying these rebates and restrictions can be hosted by a third-party, but allows the buyer to configure the restrictions. The platform also allows users to generate reports summarizing the results of the rebate program, and generates appropriate accounting and tax documentation.

Abstract: Under an agreement between a buyer and a supplier, the buyer agrees to a minimum purchase and receives a flexible early-payment rebate on each individual transaction between the two. Because of the purchase and early-payment agreement, the transaction services can be bundled with other services such as foreign exchange and insurance. This “bundling” may be performed electronically based on business rules and preferences, and is described as the “augmentation” of financial services with electronic payment services within a network including buyer and supplier. Thus, on a per-transaction basis, each transaction can receive a rebate, be covered by insurance, and receive the benefit of favorable foreign-exchange rates. The buyer can configure a system such that specific services are applied to specific transactions. The buyer or supplier can also generate reports that detail the rebates, as well as the savings associated with each transaction by service.

Abstract: Prospective variable early-payment rebates under a purchase agreement are expressed as income streams to a buyer through use of a rebate calculation process, and these flows are monetized and secured. The rebates are based on contractual obligations between a buyer and a seller. The rebates are “performance based” in that the earlier a buyer pays off its account with a supplier, the larger the rebate. These monetized rebates form a new asset class that can be sold just like any other financial instrument. The buyer, based on predictable cash outflows, can receive income from these future rebates sooner, allowing it to potentially fund large-scale projects. A computer system determines the amount of the rebates, rates them based on the likelihood that they will be received, and determines their current value. Investors purchase these instruments, in the form of bonds or notes, and receive payment in principle and interest. A third-party issues financial instruments, secured by the rebates.