Top 10 Best Practices in Order to Cash (OTC) Project Management
This CRF article is Part 1 of a 5 Part Series focused on the Top 10 Best Practices in Order to Cash Project Management. The findings in this article are a compilation of data points observed over fourteen years and 200 enterprise OTC implementations. These companies are managing over $240 billion in open Accounts Receivable (A/R) portfolios today and taking advantage of many of the best practices observed and described herein.
The More Things Change: OTC Best Practices in a Financial Shared Service Center (FSSC) Environment
When considering the critical path focus areas for optimizing order to cash results in a SSO or FSSC environment, you have to be able to measure and control five (5) critical areas for unlocking working capital in Accounts Receivable.