Section 03 — RBMH architecture
The Expenditure Governance Lifecycle
A continuous architecture in which each stage supplies information to the next, and the outcome of each transaction changes the information used to govern subsequent transactions.
Stage sequence
01
REQUEST
User or system initiates expenditure.
02
IDENTITY
Establish identity including biometric authentication embodiments.
03
FINANCIAL CONTEXT
Obtain expenditure, income, budget and other financial information.
04
AUTHORISATION
Determine whether expenditure is authorised.
05
EXECUTION
Cause purchase or payment transaction to occur.
06
EVIDENCE
Acquire receipts, invoices or transaction documentation.
07
EXTRACTION
Extract expenditure information from documents or data.
08
RECORDAL
Update structured financial records.
09
INTELLIGENCE
Analyse historical and current financial information.
10
PREDICTION
Predict future recurring and semi-recurring expenditure.
11
CAPACITY
Assess future income versus liabilities and expenditure.
12
GOVERNANCE
Use intelligence to inform subsequent expenditure decisions.
13
PROFESSIONAL REVIEW
Enable authorised accountants or other parties to review information.
Why the sequence matters
The core RBMH concept
RBMH is not simply an accounting application. Its potential significance lies in connecting the decision to permit expenditure with the transaction, evidence, financial record and intelligence generated afterwards.
Circular governance
Closed feedback loop
The loop closes: governance output becomes governance input.