External Redemptions are items fulfilled by Nectar or its third-party partners. Because these items are sourced through the marketplace or vendor integrations, your company is financially charged for each redemption.
These redemptions reflect real spend and are included in your:
Monthly invoices
Budget reports
Analytics dashboards
What counts as an External Redemption?
Any redemption fulfilled by Nectar’s marketplace or an integrated fulfillment partner is considered external.
External Redemption item types include:
Gift Cards – All types and vendors
Amazon Products
Donations
Swag – Ordered via Nectar Marketplace
Axomo Swag – Through the Axomo integration
⚠️ These item types always generate a financial charge to your company.
How do External Redemptions appear in analytics?
In reports and dashboards, External Redemptions will:
Appear under the External filter
Count toward billed spend in invoices
Deduct from budgets using FIFO (first in, first out) logic
Show full dollar values in both:
Item Total
Budget Used
What are examples of External Redemptions?
A user redeems a $50 Amazon gift card → ✅ External Redemption
A team member orders a hoodie from Axomo → ✅ External Redemption
An employee donates $25 to charity via Nectar → ✅ External Redemption
A manager purchases company swag through the marketplace → ✅ External Redemption
Why do External Redemptions matter?
Tracking external redemptions gives admins clear visibility into:
Actual financial spend
Budget consumption
Departmental chargebacks
Recognition program costs over time
Understanding these transactions helps you manage real-dollar impact across teams and initiatives.