A Budget Agreement is the pre-financing of the expected operating costs without fixing of type of services. The later costs incurred will be deducted from the budget and a statement will be provided for best transparency.
Instead of investing money at a bank and receiving interest you could prepay Rommel service products and receive an extra-ordinary bonus as interest.
How the Buget Agreement is handled:
Agreement in budget and discount
Payment of reduced amount
Opening of an account with 100% of the budget
Call-off by authorized person
Delivery and deduction from budget
Sending of account statement every month
Agreement in new budget
Your benefits of a Budget Agreement:
Order with only one PO
Easy request of services and parts by authorized people
Reduced handling time
High cost transparency (asset management)
Special discount on budget volume (=bonus/interest)
The budget can be used for:
Spare / wear parts
Consumables
Service intervention
Upgrades / Implementation of new functionalities
