Common use of NMS RESPONSIBILITIES Clause in Contracts

NMS RESPONSIBILITIES. NMS shall be responsible for PepsiCo benefit Vendor eligibility and financial data management including, data receipt from PepsiCo divisions, warehousing and data distribution and financial reconciling between Corporate and all benefit Vendors. NMS is further responsible for generating standard accounting reports associated with these functions. NMS shall produce a thirteen (13) month billing report to be used by Corporate for purposes of divisional allocation. It is further understood that the Vendors will be paid based on a separate twelve (12) month data base and that the two data bases will not fully reconcile at any point in time. Specific contracted responsibilities are expressed in the Service and Pricing document attached as Appendix A. Specific performance requirements are expressed in the Performance Guarantee document attached as Appendix B.