O2C Accounts Receivable Moves to the Top of the CFO Agenda
A healthy cash flow is a top priority for a lot of businesses at the moment and finance executives are turning their attention to their AR process to try to shorten the cash conversion cycle. Download this Hackett Group guide for top tips on how to transform and streamline your AR department.
O2C O2C Benchmarking Metrics and Best Practice Tips from The Hackett Group
Healthy cashflow is vital, especially right now. Evaluate how your AR department is doing today by downloading this white paper.
O2C 100% No-Touch Cash Processing at Danone
Find out how Danone's AR department achieved 100% no-touch processing, a 95% increase in cash posting and a 75% increase in productivity.
O2C Evaluating your O2C Automation Journey: Is it time for a service?
End-to-end automation is key to improving business performance, but it is not always clear which financial processes to automate and which technologies will perform best. Do not worry though - help is at hand with the Evaluating your O2C Automation Journey: Is it time for a service? e-book.
O2C Death by a Thousand Paper Deductions: 21 Stats
When you think of non-trade deductions, you think of grunt work and heavy lifting. It’s not the fun part of Order to Cash. It’s a piece of O2C which is truly non-value adding. Writing off all your deductions (which would never happen) would cost companies millions a year. So, teams of five to 10 analysts are employed to investigate small to large amounts, often working on thousands of deductions at any given time. As long as the process is manual, the company is losing out because of the high cost of activity, the high write-off threshold, and the stall in working capital. This article looks at the numbers (some very alarming) related to manual deductions processing, and the more relaxing numbers achieved once you automate.
O2C O2C Takes Charge at AstraZeneca
Order to Cash (O2C) is one of the most complicated journeys in any business. It crosses so many functions it’s incredibly difficult to appoint a single person to be responsible for its end-to-end performance. Just standardizing the processes within O2C is tricky.
O2C 6 Big Unfortunate Truths of O2C
Order to Cash is challenging! Standardization across the business has its issues. Forcing End to End for many companies can seem impossible. Register for this webinar where Jas Khatkar, Transformation…
O2C Benchmarking AR to Achieve Best-In-Class Status. Lessons from EmployBridge
Best-In-Class AR For 2021: Focused on delivering higher customer satisfaction across geographies despite disparate systems.
O2C 7 Steps to Standardizing O2C at AstraZeneca
AstraZeneca launched Global Financial Services (GFS) in 2019. Back then there were few KPIs and very little standardization. In 2022 over 95% of Order to Cash is centralized, and more than 80% of the process is standardized.
O2C Smart Collections: The Uber Way
When managing business processes, most agree the ideal combination is Artificial Intelligence plus Human Intelligence. The Collections Process is a perfect example. This article lists 5 ways Autonomous Software is helping transport and logistics giant Uber achieve a whopping transformation in its accounts receivables.