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Organisational growth with efficient Order-to-cash cycle

Overview:

Order-to-cash (O2C) is important for any organisation to grow and sustain. This thoughtcast gives you a brief idea about how organisations can improve their overall organisational growth with an efficient order-to-cash cycle, what are some of the key KPIs to be followed while developing an O2C strategy and how Robotic process Automation (RPA) is helping in streamlining processes.

Key Takeaways

Higher working capital = Higher interest rate = Higher cost of operations

Automation and workflow can help in having collections and receivables in time to Control Days sales outstanding (DSO)

6-7% Reduction bottom line because of delay in receivables 

O2C-2

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