Order to Cash (O2C) is one of the most complicated journeys in any business. It crosses so many functions it’s incredibly difficult to appoint a single person to be responsible for its end-to-end performance. Just standardizing the processes within O2C is tricky.
With the number of finance leaders responsible for their company’s digital agenda tripling over the last 5 years*, it’s time for CFOs to create a robust, future-proofed strategic financial roadmap. Find out the Future of the Digital CFO in this enlightening guide.
The last 2 years have shown us AP departments achieving best-in-class results and those drowning in inefficiencies. But the fact is that any AP department can achieve top-performance. This whitepaper has everything you need.
With real-time reporting, there’s no time to wait for processes and controls to fix errors that happen in reporting cycles. It’s essential that all of the tax-relevant information in invoices is correct the first time.
Starbucks has an incredibly complex business model, and each step has specific tax requirements. Originally, there was no centralized tax system in place, and Starbucks was relying heavily on manual processes. The sheer scale and complexity of the business caused Starbucks to realize that manual processes were putting them at risk and hampering business growth.
A combination of factors, including the need to work securely and remotely, as well as the need to compliantly meet the raft of e-invoicing mandates, means there has never been a better time to automate.
150k disputes amounting to almost half a billion dollars were going unidentified annually at Church & Dwight. Credit & AR Manager Gregory Ottalagano knew something needed to be done and turned to AI-powered automation for the solution.
Imperial College London is no stranger to e-invoicing. Their initial priorities were reducing costs, speeding up the payment process and reducing arduous manual processing. Recently, they have explored ways to support foreign invoices and have set a goal of 100% e-invoicing.
End-to-end automation is key to improving business performance, but it is not always clear which financial processes to automate and which technologies will perform best. Do not worry though - help is at hand with the Evaluating your O2C Automation Journey: Is it time for a service? e-book.