Invoicing is embedded into Talenture RS as part of full recruitment workflow for a job. Users with Financial permissions - typically accounting personnel - are given access to these features.
An invoice is generated after the candidate has been placed i.e. after they join the client organization. In some cases a post-joining lock-in period would apply, for e.g. invoice may be raised after a specific duration such as 1 month, a quarter etc.
Configuring and Using Invoicing in Talenture RS
- Invoice Templates: You can configure templates based on a MS Excel format provided in the system. These are configured via the admin login and support format customization and dynamic content.
- Define Commission Rules: Define Commission Rules based on which revenue calculation is done. Commission rules are defined on a per-client basis from the Client detail page.
- Invoice Generation Options: You can set invoice generation options for each client or at the application level for controlling the invoice generation lock-in period and whether to generate a common invoice for multiple placed candidates or separate ones for each candidate.
Once generated, an invoice can be tracked across various stages such as dispatch to client, Invoice amount (full or partial) is received etc.
The invoices are generated in MS Excel and PDF formats. Invoices can also be emailed to clients directly from Talenture RS.
Talenture RS provides focused revenue & invoice reports views in the Reports module to track and manage your invoicing process. Accounting persons within the team can access these for managing the invoicing process.