Customer-to-cash: Difference between revisions
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(Create page - source - The Treasurer - Issue 3 of 2024 - page 20.) |
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*[[Inventory management]] | *[[Inventory management]] | ||
*[[Invoice]] | *[[Invoice]] | ||
*[[Order-to-cash cycle]] (O2C) | |||
*[[Procure to pay cycle]] (P2P) | *[[Procure to pay cycle]] (P2P) | ||
*[[Receivables management]] | *[[Receivables management]] | ||
Latest revision as of 20:58, 17 January 2025
Working capital - working capital management.
(C2C).
The customer-to-cash cycle is about the trade finance cycle between an organisation and its customers.
The primary concerns of the selling organisation are normally with:
- Mitigating payment risk
- Accelerating the cash inflows from customers.
- Improvements deliver real value
- "When interest rates and inflation were lower, businesses that held higher levels of working capital had little incentive to create improvements within procure-to-pay processes, customer-to-cash processes, or inventory management.
- Today, this represents a significant cost and taking action – such as reducing the time it takes to approve invoices or centralising payment terms – can deliver real value to an organisation."
- Mansour Davarian, head of working capital sales, Lloyds Bank Corporate & Institutional Banking - The Treasurer - Issue 3 of 2024, page 20.
