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Finance Insights: Order to cash

Finance Insights: Order to cash

KPMG
Pages 17 Pages

CFOs are enhancing business efficiency and profitability by optimizing the Order-to-Cash (OTC) cycle. This process improvement focuses on automating and streamlining steps from order receipt to payment collection, reducing errors, and improving cash flow. Key strategies include leveraging technology for real-time cash flow analysis, enhancing customer payment processes, and extending supplier payment terms. By refining these financial operations, businesses can enhance their competitive edge, customer satisfaction, and operational effectiveness.

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