BPO: Order-to-Cash
Managing the O2C process means ensuring orders are delivered on time, payments are collected promptly, and revenue recognition conditions are met. For some companies this can involve thousands of transactions each and every day. Add to that changes caused by last-minute orders, incorrect changes to master data, and inappropriate returns and the result can be thousands of dollars in lost revenue. Even small mistakes, such as over-extended credit and incorrectly recorded receivables, can adversely affect the process and cause serious concerns when financial statements are reviewed. An effective order-to-cash process is a strategic priority when it comes to improving the bottom line.
Driving F&A Effectiveness Brochure
Click Here- Cash Applications
- Credit Card Chargebacks
- Receivables Management
- Contact and Data Services
- Invoicing Solutions—Print/Mail/Web
- Deductions Management
RMS has the depth of knowledge and F&A experience to help you optimize your processes. We will work with you as a team to support and guide changes that will significantly improve tangibles such as your bottom line and intangibles like customer satisfaction.
Cash Flow Optimization
- Transform Business Processes
Deep domain expertise in bringing added discipline to our clients business processes, via up-front analytics designed to identify operational deficiencies
- Improve O2C Cycles Knowledge and experience allow for identifying, rectifying and monitoring of programs to ensure your entire F&A process runs smoothly
- Mitigate Risk
Programs track, highlight, and notify customers of late payments promptly; fast action on delinquencies collects more money and reduces bad debt write-offs
- Optimize Cash Flow Improved cash flow allows you to take advantage of vendor discounts and special purchase programs to dramatically improve your bottom line
- Customer Satisfaction Well run and efficient programs reduce errors and dramatically improve customer relations... satisfied customers buy more and more often
