Receive quote request from customer. Prepare quote by applying pricing and negotiated discounts. Generate quote. Send proposal to customer.NEXT STEP
Validate order received from customer. Check internally and confirm availability to customer with estimated delivery time.NEXT STEP
Deliver goods or services. Communicate regularly with customer to provide estimated time of completion or delivery. Manage changes or exceptions. Get acknowledgment of receipt from customer.NEXT STEP
Create billing record and supporting documents. Verify revenue recognition. Generate and dispatch invoice. Resolve issues as needed.NEXT STEP
Analyze customer account balances. Contact and negotiate with customers. Identify, investigate and resolve disputes. Initiate bad debt write-off.NEXT STEP
Every organization needs access to timely cash flow to stay in business. Cash is critical for paying employees, investing in research and development, or participating in mergers and acquisitions. This makes managing cash flow a key function for business livelihood. Any function of your Order to Cash process that is delayed or operating inefficiently can increase your Days Sales Outstanding (DSO), restricting your ability to obtain the cash you deserve for products or services provided. If you're ready to review and improve your Order to Cash process, Amalto is ready to help.
It's all about how your business handles every step from the moment your customer asks for a quote to the point when you're paid. Each step offers challenges and how you transform those challenges into opportunities can determine whether your business flourishes or fails.WHAT IS ORDER TO CASH?
Sure, your Order to Cash process might seem fine. If it works, don't fix it, right? What if it can be done better? If you're still using a manual process or pushing paper, it can definitely be improved. Can you afford not to save time, cut costs, reduce errors and get paid faster?.AUTOMATE ORDER TO CASH