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August 2016 | O2C Reporter
Is Your Business Implementing These Key Order to Cash Best Practices?
Let’s face it: The larger the business, the more that can go wrong. Customer acquisition, cash flow, credit and client satisfaction are just a few examples of potentially risky areas. That’s why it’s crucial to optimize all of the moving parts of the Order to Cash process.
Start by viewing Order to Cash holistically, as an integrated system. There is tremendous value in interconnectivity. The most efficient Order to Cash systems are not purely digital substitutes for actions and services that were once performed by people; instead, they transform the model to create something entirely new and appealing.
By following some Order to Cash best practices, you can blend the best in technology, current data, cutting-edge automation and personal service and achieve results that revolutionize your Order to Cash process.