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Accelerating sales can increase DSO, but most often the cause is problems in the order-to-cash (O2C) pipeline affecting collections. Photo by Jonathan Wheeler on Unsplash ) The Consequences of Poor AR Performance First and foremost, poor AR performance impacts your cash flow, which causes financial strain and operational challenges.
In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. That all the above consequences can present themselves simultaneously, only makes the downside worse. Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it.
Global trade has always presented opportunities. Even with today’s sophisticated payment systems, buying and selling across borders can be difficult to set up and maintain. Frequently crossed economic borders generally have the most efficient and cost-effective payment infrastructure and channels. tons per person.
Since then, there has been continuous improvement towards the holy grail of straight-through-processing (STP) across the order-to-cash (O2C) process. Customers can access their invoices anytime, anywhere, using their preferred devices and payment methods. With customer-centric EIPP solutions, this becomes a reality.
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