Order to Cash
Order to Cash
Cash flow is vital to every business. With many companies pushing to increase sales, one of the most valuable items on their balance sheet, the debtors ledger, can be neglected.
At M.G Professional Consultancy, we know that having a great credit control team is not enough. They are the final part of a process which can go wrong during many key steps.
All businesses should strive to achieve an order to cash process which is OTIFIC (On Time, In Full, Invoiced Correctly).
Having an invoice paid on time means getting every step correct in an efficient manner. With experience of improving efficiency in the order to cash process and reduction of aged debt, we can help you release this asset.
Not only will a more streamlined and robust process help your business, it will also ensure you become a lower cost supplier to your customers. This can help with customer satisfaction and therefore retention.
Below are just some of the services we can help with;
• Review and automation of all aspects of the order to cash process
• Credit management
• Credit control procedures
• Billing management
• Accounts receivable management
• Invoice query root cause and resolution
• Credit policy creation
• Cash flow forecasting
• Telephone collection training and techniques
If you have any requirements not listed above please contact us. Honesty is one of our key values. We will never agree to undertake work which is not part of our core expertise.
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