Optimizing Order To Cash: Receivables Days Outstanding Solutions
RECEIVABLE DAYS OUTSTANDING
Optimizing receivables days outstanding (RDO) is an imperative to maximizing the cash flow and efficiency of the O2C process. Automation and manual intervention are two key strategies used in RDO optimization, and the right software solution should be chosen based on compatibility and scalability needs. Once an appropriate solution is identified and evaluated, effective implementation of the system is essential for successful RDO optimization. Through the successful implementation of an RDO solution, the financial organization can drive transformational processes and improve the bottom line.
