‘Cash converter or complexity creator? Order to cash (OTC) is a set of processes intended to help businesses to process customer orders and realise revenue in smarter and faster ways: from the moment an order is placed until it’s converted into cash. In a world of rising costs, where cashflow is king. An OTC platform could be another way to help de-risk your business and protect your operations. Fewer surprises, a little more control. And making such a change is a good example of welding the latest tech with a consultative approach to examine and improve the processes involved. And doing so without getting unnecessarily bogged down in endless business process mapping.’
We couldn’t agree more with this recent blog posted by Jonathan Bance Chief Innovation and Technology Officer at Leading Resolutions. To read the full post, click here.
With Data Xchange we offer businesses an opportunity to truly impact the bottom line by tackling the Order to Cash process. OCR (flat file pdf scanning) and EDI (unidirectional trading) are history and true automation is the future. Click here to find out more…