Corporate Financial Management
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Process Improvements + Automation = Faster, Enhanced Order-to-Cash Cycle
Article on Credit & Collections • posted 02/01/12
Pressure to speed up and increase the transparency of the order-to-cash (O2C) cycle remains relentless. Drivers include the need to reduce costs, gain continuous visibility into customer financial health, improve cash flow forecasting, and respond to ongoing customer requests to credit and AR for longer payment terms. Controllers at best-in-class companies are meeting the challenge of improving and speeding the complex, multi-stage O2C cycle with process improvements linked to automation solutions.
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