Business Feature / Process | Description | Example/use case | Empasis in Emphasis on training material | Additional notes |
---|---|---|---|---|
Settlement | The process where awards and spend spending are settled between organizations. Award settlement involves debiting the organization that provided the award; either when awarded or when redeemed.Spend settlement involves crediting the organization that the wallet that’s open balance was used. | |||
Business Settlement | The settlement process run by the business to settle merchants for awards and spends | |||
B2B Settlement | The settlement process run by CRM.COM runs the settlement process to settle businesses for the spends. | |||
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