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.
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.