From Order to Cash

Order to cash (O2C) process needs to be efficient and streamlined. Without sufficient cash flow, your company can’t operate. Working capital, financial control, transparency, and compliance are all dependent on a working O2C process.

PwC found that companies are continuously working ever-harder to convert revenue into cash. Although corporate revenues were up 10% in 2018, DTPs rose to a high of 68 days. And capital expenditures as a percentage of revenues have dropped precipitously in the last five years. This implies that businesses are propping up cash flow by limiting investment. Although this might work in the short term, in the long run, this will significantly inhibit their growth potential.

The order-to-cash (OTC) process, refers to a company’s business process for the entire order processing system. It manages from your sales order right through to your customer payments. It helps define your success as a company and your relationships with customers. Optimising this process eliminates inefficiencies and can produce benefits seen throughout the entire business.

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