Order to Cash

Filed under: Business,Management; Author: Les Bain; Posted: July 20, 2009 at 9:39 am;

The basic business process is Order-to-Cash which includes:

  • Taking customer sales orders from all the various sales channels
  • Fulfilling the order for either products or services
  • Generating an invoice
  • Collecting revenue

If you are an entrepreneur,  you will receive lots of business advice about various processes, but your Order-to-Cash process should be the basic process.

Set up the process, monitor the process, and improve the process.

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