Credit

Does today’s Covid-19 health crisis mean you need to change your AR strategies?

Yes. And no. 

From the moment an order comes in through sales or customer service, AR specialists enter them into the accounting system to create the invoice, and the 

Sales is the #1 financial statement that gets the most attention, closely followed by net income.

Order to cash (OTC) covers a wide range of processes from sale initiation to collections. Diligent CFOs track key ratios to make sure this important pipeline works efficiently.

“Order to cash” is a broad term. It captures every process and activity from order receipt to fulfillment and payment collection – a virtual catch-all bucket that is notoriously tough to measure.