TreviPay

APRIL 28, 2023

What’s important about the order-to-cash cycle? An agile and efficient order-to-cash (O2C) cycle can have a huge impact on the success of your company, whether you are an SMB or a global organization. The post 5 Tips for Optimizing Your Order-To-Cash (O2C) Process appeared first on TreviPay.

Order to Cash 59

Order to Cash Credit and Collections Debt Collections Credit Management 59

Emagia

MAY 1, 2024

According to Schmidt, typical credit managers spend three and a half to four hours per day responding to emails. By accurately forecasting cash flow, businesses can ensure financial stability and plan for future growth. Watch On-Demand The post Top Use Cases for Order-to-Cash appeared first on Emagia.com.

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Order to Cash Cash Forecasting Credit and Collections Shared Service Center 52

Emagia

NOVEMBER 8, 2024

Embracing AI in Credit Decision-Making AI’s potential to play a transformative, if not revolutionary, role in credit management is becoming increasingly clear. The post The Legal Implications of AI in Finance and Order-to-Cash Operations appeared first on Emagia.com.

Order to Cash 52

Order to Cash Law Firms Credit Management 52

Your Virtual Credit Manager

JANUARY 7, 2025

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.

Days Sales Outstanding 130

Days Sales Outstanding DSO Credit and Collections Accounts Receivable (AR) 130

Your Virtual Credit Manager

JANUARY 17, 2023

Readers of Your Virtual Credit Manager now have access to sharply discounted business credit reports from D&B, Experian, or Equifax through our partner Accredit. Buy Credit Reports But, On the Other Hand. Risk of losing or demotivating some productive salespeople.

Credit and Collections 246

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Your Virtual Credit Manager

MAY 23, 2023

Their Credit Report Shows Other Suppliers Being Paid Promptly: This may indicate cash flow problems, but it also shows your firm is unimportant to them. Do you need help with your credit policies and procedures? Your firm has become a lender, and they appear to be a debtor.

Bad Debt 49

Bad Debt Credit and Collections Deductions Credit Risk 49

TreviPay

FEBRUARY 2, 2023

This is why it is essential to understand and optimize the order-to-cash (O2C) process. What is order-to-cash (O2C)? Order-to-cash (often referred to as O2C or OTC ) is a business term used to describe the process(/s) around fulfilling customer orders. The O2C process is no exception.

Order to Cash 52

Order to Cash Credit and Collections Credit Management Small Businesses 52

Your Virtual Credit Manager

FEBRUARY 27, 2024

In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular. The experts at Your Virtual Credit Manager can help you bring in the cash. Are there past due accounts you are trying to collect?

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bad Debt Days Sales Outstanding Credit and Collections 130

Emagia

JANUARY 30, 2023

Order-to-Cash (OTC or O2C) is arguably one of the business processes most CFOs have a keen eye on, as it affects the three strategic goals of an enterprise, viz., topline, bottom line, and cash flow. The post How CFOs can Tie Digital Order-to-Cash Initiatives to Enterprise-wide Strategy appeared first on Emagia.com.

Order to Cash 52

Order to Cash Bad Debt Third Party Collections Credit and Collections 52

Your Virtual Credit Manager

MARCH 14, 2023

A large percentage of past due invoices are caused by up-stream problems in the order-to-cash process. Readers of Your Virtual Credit Manager can now access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner aaccredit. Learn More About Credit Reports 5.

Collector 189

Collector Past Due Invoices Credit and Collections Bad Debt 189

Your Virtual Credit Manager

APRIL 16, 2024

Despite improvements in order-to-cash (O2C) processing, the explosion in digital payment mechanisms creates new complications. The experts at Your Virtual Credit Manager are currently offering 33 percent off our standard consulting rates.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Debt Collections Credit and Collections Collector 130

Onguard

OCTOBER 9, 2024

This is what we attempted to explore in our latest research, entitled “ The future of credit management: AI and the role of the finance professional ”, deriving input from 30 interim professionals. What are the main areas for improvement with AI in credit management? AI in credit management: Hype or reality?

Credit Management 52

Credit Management Order to Cash Transactions 52

Credit Management Group UK

JULY 23, 2024

Having an effective credit management function is vital to any business in maintaining and improving cash flow, as well as reducing a business’ risk to bad debt. Sales and credit control in particular should work closely together as these are the two-main customer facing roles.

Credit Management 52

Credit Management Invoice Disputes Bad Debt Credit and Collections 52

Your Virtual Credit Manager

JANUARY 31, 2023

Some of the reasons for paying slow are more serious than others, but they all impact your cash flow and your collection efforts. There are several keys to effective past due collections and they start with your order-to-cash process. Buy Credit Reports 8. Do that and you eliminate a lot of potential collection issues.

Credit and Collections 246

Credit and Collections Bankruptcy Past Due Invoices Credit Management 246

Credit Management Group UK

DECEMBER 27, 2023

Here are our frequently asked credit management questions for December. Confidential invoice finance providers will want to see that your credit management processes and procedures are clear and appropriate for the business, as this will pose less risk for them in offering you finance.

Credit Management 52

Credit Management Credit and Collections Order to Cash 52

SAP Credit Management

SEPTEMBER 25, 2023

Leveraging this, I developed a prototype simulating the order-to-cash process. This process—from order to payment—can be riddled with inefficiencies, particularly in transportation. Prerequisites For a better understanding, some familiarity with the order to cash (O2C) process is recommended.

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Order to Cash 173

SAP Credit Management

JANUARY 6, 2023

Redman , “the Data Doc,” President of Data Quality Solutions, and Maria Villar , Enterprise Data Management & Data Strategy Innovator at SAP as they share their insights around Digital Transformation and their diagnosis to why, even through all the hype, digital transformation has failed to deliver.

Order to Cash 180

Order to Cash 180

Serrala

SEPTEMBER 7, 2023

Read more Bild Credit & Risk Management Automate processes across your entire credit management lifecycle for faster and more accurate credit decisions and less manual activities. Reduce DSO and optimize working capital with the most comprehensive collections software. section-marketo-background').length>0){

Credit and Collections 98

Credit and Collections Order to Cash DSO Cash Applicator 98

The Corcentric Blog

MAY 22, 2023

Order-to-cash (OTC) software applications are complex implements that require comprehensive integration for comprehensive optimization and performance. The CFO must consider several important aspects in order to obtain an appropriate OTC software to meet a business’s specific requirements.

Order to Cash 40

Order to Cash Credit Management Transactions 40

Your Virtual Credit Manager

DECEMBER 31, 2024

If your enjoy this article and would like to get access to the full story, we hope you will subscribe Your Virtual Credit Manager is a reader-supported publication. Several prevalent fraud scenarios target the order-to-cash process, including: Email Compromise : Fraudsters hack emails to redirect payments or create fake orders.

Collector 130

Collector Credit and Collections Bad Debt High-Risk Accounts 130

Your Virtual Credit Manager

JANUARY 3, 2023

Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. Credit Analysis and Portfolio Monitoring Software: These solutions are for managing risk after the initial order has been approved.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Credit Management Group UK

FEBRUARY 1, 2023

We have 3 live online training events that will help improve your credit management function. Try our live online training appeared first on Credit Management Group UK. We also cover how to react to defended actions and how to enforce a judgement.

Bad Debt 94

Bad Debt Credit and Collections Order to Cash Credit Management 94

Onguard

APRIL 28, 2023

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. This creates a 360° view of customers, reducing risks of unpaid invoices and improving predictability of cash flow. This is also a welcome addition within credit management.

Credit Management 52

Credit Management DSO Credit and Collections Order to Cash 52

Your Virtual Credit Manager

DECEMBER 24, 2024

If your enjoy it or find it useful, we hope you will subscribe Your Virtual Credit Manager is a reader-supported publication. Need help improving cash flow? Learn More About Credit Reports Please share this newsletter with your small business customers. To receive new posts and support my work, please subscribe.

Credit and Collections 130

Credit and Collections Collector Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

FEBRUARY 13, 2024

Here’s a primer on credit insurance. Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. Automate as much of the Order-to-Cash (O2C) Process as possible. What do you need help with?

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

FEBRUARY 6, 2024

As a small business owner or executive, managing accounts receivable (AR) and navigating through various credit decisions is an integral part of the job. After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Bad Debt Credit Risk 130

Your Virtual Credit Manager

FEBRUARY 21, 2023

Photo by Mockup Graphics on Unsplash The old saying goes that you can’t manage what you can’t measure. That certainly holds true for business processes, including the management of your Accounts Receivable (AR) and the part it plays in the order-to-cash process. Email YVCM About Consulting The Final Analysis.

DSO 130

DSO Credit and Collections Collection Effectiveness Index Bad Debt 130

Onguard

DECEMBER 1, 2022

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. This creates a 360° view of customers, reducing risks of unpaid invoices and improving predictability of cash flow. This is also a welcome addition within credit management.

Credit Management 52

Credit Management DSO Credit and Collections Order to Cash 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Credit Management Group UK

MAY 6, 2024

However, you should be aware that this is only a company’s credit risk at one point in time, to be kept informed of any changes you should also place customers on credit risk monitoring. Good credit management will incorporate the entire order to cash process, including T&Cs, invoicing procedures, collections etc.

Credit and Collections 81

Credit and Collections Credit Risk Order to Cash Credit Management 81

SAP Credit Management

SEPTEMBER 7, 2023

According to Gartner, a service-centric cloud ERP solution is a suite of integrated products that provide functionalities for at least three of the following areas: financial management, order to cash (O2C), human capital management, procure to pay (P2P), and administrative ERP.

Revenue Recognition 226

Revenue Recognition Order to Cash Invoice Collections Cash Applicator 226

Onguard

MAY 24, 2023

The order-to-cash process starts with the purchase of a product or service and ends with the payment and processing of the invoice. This starts with credit management. A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Onguard

MAY 24, 2023

The order-to-cash process starts with the purchase of a product or service and ends with the payment and processing of the invoice. This starts with credit management. A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Onguard

MAY 24, 2023

The order-to-cash process starts with the purchase of a product or service and ends with the payment and processing of the invoice. This starts with credit management. A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Your Virtual Credit Manager

AUGUST 29, 2023

These can include: Too little time spent collecting (due to other priorities or lack of staff) Lack of training and experience Order-to-cash (O2C) process breakdowns or weaknesses Credit policy too lenient Invoice accuracy issues Collection strategy not effective Economic headwinds And, the list goes on.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

Your Virtual Credit Manager

MAY 28, 2024

Imagine that the order-to-cash (O2C) process is a parade. Leading the charge is the sales and customer service teams that bring in the orders. The experts at Your Virtual Credit Manager are currently offering 33 percent off our standard small business consulting rates. That’s where most of the hoopla occurs.

Accounts Receivable (AR) 100

Accounts Receivable (AR) Past Due Invoices Credit and Collections Collector 100