Cashing in on Order-to-Cash Outsourcing
- Tags:
- Accounts Receivable,
- Business Operations,
- Finance,
- It Operations,
- Operational Accounting,
- Outsourcing,
- Outsourcing & Subcontracting
- Source:
- Penton Media
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Overview: More and more businesses are turning to third-party service providers to strengthen their A/R functions and improve their cash position. And they are increasingly outsourcing the full range of their accounts receivable processes: order management; credit; invoicing; collections; dispute management; cash application; and, in some cases, reporting and analysis. This comprehensive set of A/R functions is often called the order-to-cash cycle. Unlike outsourcing arrangements for other finance and accounting (F&A) processes, order-to-cash outsourcing initiatives can generate value beyond cost containment. By boosting working capital, these deals can help a company improve its debt-to-equity ratio, reduce its external financing needs and enhance its credit ratings.
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Format: HTML | Date: Sep 2004 | Pages: 6




