Automating Order to Cash
Eliminate pain points
in sales
Better customer relations
Improved cash flow
In these days of lean automated processes, companies supplying goods or services seldom find bottlenecks in production or distribution. But paperwork is paperwork, right? Only, when an urgent customer order is delayed because the purchase order can’t be processed quickly enough, it’s time to do something about it.
Digitise your inflow
Documents may arrive in any format. Automated streamlining is key.
Automate your papework
Improve your service level, control, and compliance support.
Order entry and management are key in customer relations, since they often determine the time needed to deliver and invoice correctly for goods. Automation will also minimise or eliminate problems such as
- Lost and misplaced orders.
- Incorrect manual data entry.
- Lost time from sorting and filing orders.
- Slow invoice processing, which will affect the manufacturer's cash flow.
Add the ability to comply with demands for a complete document audit trail and you have a winning concept.
Research by the Gartner Group suggests that processing a single paper order typically costs an organisation £9. So it is easy to see the potential returns on investment to be had from digitising financial documents, including purchase orders - not just in reduced costs, but also in the ability to handle customer orders more efficiently, and in shortening the order-to-cash cycle.
It is no surprise that ERP vendors such as SAP, JD Edwards, Oracle and PeopleSoft are increasingly incorporating financial document processing capabilities into their enterprise applications suites.
Automation areas
Any organisation selling goods or services.