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  3. Remittance Advice Governance

Remittance Advice Governance

Root Term: Remittance Advice

Abbreviations or Acronyms: None

Definition:

1. (noun) The acts of controlling, directing, and standardizing the conduct, actions, and solutions associated with the oversight of Remittance Advice Management.

2. (noun) The documented set of policies, standards, rules, and controls that define how one or more Remittance Advice Items are to be registered, tracked, and managed within an Organization.

3. (noun) An Organization, or organizational unit, whose primary responsibility is to establish, oversee, and enforce the policies, standards, and controls governing the management of a set of Remittance Advice Items.

Synonyms: None

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