WHAT IS ORDER-TO-CASH
"Order-to-Cash" refers to the business system flow for receiving, processing, invoicing and receiving payment for customer sales.
Order-to-Cash covers both B2B and B2C sales and encompasses a business process that starts with a contractual relationship and ends in the collection of payment for goods or services provided. In the Order-to-Cash system flow, there are often sub-processes involved, further challenging the length of time it takes for an organization to be paid for products or services it sells.
Order-to-Cash Drives Your Business
The efficiency of your Order-to-Cash process directly impacts your company’s revenue, costs, working capital and customer satisfaction. Order to Cash is a complex process involving multiple departments and functionalities in your organization and may involve disparate systems. And if Order-to-Cash is a manual process in your business, you face additional challenges:
- Lost or misplaced orders
- Data entry errors
- Task redundancies
- Slower processing cycles at each stage
- High DSO
- Dissatisfied customers
Optimize Order-to-Cash
Overcome these avoidable challenges. Optimize your to Order-to-Cash process and achieve numerous business goals:
- Strengthen customer relationships
- Streamline operations
- Increase productivity
- Improve cashflow
- Gain competitive advantage
- Grow your business
What’s the best way to optimize your Order-to-Cash process? Automate it with Amalto. Learn more.
MANUALLY PROCESSING SALES ORDERS OR INVOICES?
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