Process | Invoicing |
Goal | Making outstanding claims known to debtors. |
What this means for you | Data is required in order to create and send out invoices. |
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Process | Ledger Management & Administration |
Goal | Managing the ledger, balance sheet and overall financial administration of the company. |
What this means for you | By law, RSM is required to administer any document that results in a (financial) obligation, benefit, or risk. |
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Process | Creditor Management |
Goal | Processing incoming invoices. |
What this means for you | Whenever an invoice is sent to RSM (on the basis of an agreement), a creditor is registered to whom a financial obligation is due. In order to ensure payment, including potentially from third parties, data is required. |
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Process | Payments |
Goal | Paying parties whose invoices have been approved. |
What this means for you | A financial obligation that is due is fulfilled by paying the party to whom the obligation exists. For this, data is required and transferred, amongst others to the banking company. |