ORDER-TO-CASH AUTOMATION: What’s in it for Accounts Receivable Leaders?

Share

AR leaders are under tremendous pressure to help their business manage its cash:

  • Reduce Day’s Sales Outstanding (DSO)
  • Decrease write-offs and unauthorized customer deductions
  • Increase control over working capital
  • Improve the accuracy of cash forecasting

One way that AR leaders can achieve these goals is by lobbying their business to rethink its order-to-cash (O2C) cycle – the various processes that occur from the time an order is received to when a payment and the associated invoice are reconciled.

Inefficient and ineffective O2C processes have implications on an organization’s cash flow that cannot be underestimated – and cannot be left unchecked in today’s tough business environment.

IOFM’s latest white paper details the cash-flow benefits of automating the O2C process and lays out five ways that O2C automation can help businesses navigate a challenging economy.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AP CertificationPP-OC_seal_APP_outline.FNLReceive 1 CEU towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AR-certFinal-AOCReceive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

Thank you!

A confirmation email with details will be sent to you shortly.

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500