The more insight a company has about its customers, the better it can assess their needs – and the more informed its actions will be. Onguard interviewed over 1,000 UK finance professionals to investigate how data-driven organisations are.
This blog explores which processes in the order-to-cash chain can and should be integrated, some of the technology needed to make this happen and the advantages of doing this.
The CFO’s role is evolving due to automation technologies being used in financial processes. Real-time access to data gives valuable insights.
This infographic shows you how each chain in the order-to-cash process seamlessly integrates with CreditManager. Furthermore, it highlights who our integration partners are and the main commercial benefits for you that arise from our integrations.
In this blog, we look at our top three tips to minimise risk in your organisation’s order-to-cash process, from taking out insurance policies to implementing new technology.
It is important to know how to create a successful business case to justify the expense of new software and ensure it delivers true value to an organisation. Carl Lancaster, Head of credit management at Peninsula, shares his experience with implementing Onguard’s CreditManager and the importance of a clear and organised business case.
Data: we have a lot of it, we gather more of it every day and we look for ways to get even more. But what are you actually doing with it to ensure you optimize your order to cash process?
Real-time information and reports are becoming the norm. How do finance professionals report, where do they store data and how do they use this data?
Late payments are a problem for businesses of all shapes and sizes. Here are five steps you can take in order to help you streamline your payment collection processes and improve your business.
How can you speed up the accounts receivable process, while also reducing errors and improving cash flow? Read our four top tips.
How Robotics and AI could instigate a revolution in the finance sector A major revolution seems to be taking place within the world of finance. The introduction of new technology in the form of Robotic Process Automation (RPA) and AI looks set to overhaul the way we work. Businesses have traditionally been limited to IT […]
In recent years, more and more businesses have begun to adopt cloud software. In this post, we look at the benefits of implementing cloud-based solutions and how their use can help businesses add value.
Personalised communication modules ensure that the communication within the organisation is also smooth during the last steps in the Order to Cash process. Each contact moment is an opportunity to satisfy customers.
The digital revolution makes it possible to make decisions based on real-time information provision. Will finance cycles change from on-time to real-time?
What trends are expected to have the greatest impact on the order-to-cash (O2C) process? And what kind of impact will they have? Onguard explains their answers in this infographic.
How do finance professionals working in the insurance industry and financial services view the current trends and developments in digital transformation? Check out our infographic.
How do you measure the performance of credit management within your organization? There are different ways which each have their benefits and drawbacks. Two popular methods are gap analysis and benchmarking.
Companies are looking to the future and as a result, are updating their systems and moving away from legacy systems. We are seeing a growing number of companies turning their back on Excel and alternatively bringing in new credit management systems with a focus on improving time management.
How do you measure the performance of credit management within your organisation? There are different ways which each have their benefits and drawbacks.
Credit management evolves and grows as new technologies and innovation become available. Thanks to advances in technology, new trends are emerging on the credit management scene. Looking to the year ahead, we foresee three trends having a major impact on the world of credit management.
Stay relevant to your customers. Embrace digitisation within your credit management. Keep your costs down and ensure happy customers.
It is easy to underestimate the value of data you have on customers. But in fact, it is the best way of building up a solid profile of your customers that can have a major impact on credit management.
For truly successful credit management, you must implement the right technology, processes and policies. So, how do you ensure you get the most from credit management software and processes? We’ve highlighted some key areas to get you started.
Order to Cash: it sounds like such a simple thing doesn’t it? An order comes in, and then a little while later some cash follows it. If only it were that easy! In fact, order to cash (O2C) is a complicated process that requires a lot of work to get it to flow smoothly – and one important part is customer relationships.