As organisations grow, their process of turning what they do into cash becomes more complex, and convoluted. Over the years, the time it takes, from shipment of product or completion of services to cash coming through the door gets longer and longer.
Invoicing cycles get more complex, with manual processes being added all the time. Accuracy decreases and queries over invoicing from customers means income takes longer to materialise.
It's hard to see the wood from the trees when it comes to visibility across what your with true cash conversion is.
In a former life as a CFO, Craig Compton freed up £10million of tied-up working capital, by improving the order-to-cash cycle.
It all started with the review of the order-to-cash cycle
Our 'Order-to-cash Health Check' gives you an independent non-biased view of the opportunity you have to secure that cash boost.
We have reviewed and fixed cashflow problems through the use of leading technologies, simplification and automation, much to the delight of our customers.