Whitepaper: How DSO optimization can supercharge your cash conversion cycle & where it falls short
Since working capital is a premium during leaner economic times, automating OTC and DSO processes is a priority for CFOs. Even with increased visibility on DSO and optimization of OTC, companies nationwide currently have an increase in outstanding dollars owed.
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Cash is the oxygen of every business, and as far as most finance leaders are concerned, automation in their OTC and DSO processes is a key contributor to cash flow health. Since working capital is a premium during leaner economic times, automating these processes is a major priority for CFOs and Controllers.¹
Even with increased visibility on day sales outstanding (DSO) and efforts across industry verticals to optimize the order-to-cash (OTC) process, companies nationwide have seen an increase in the number of outstanding dollars owed.