Order To Cash Automation: A Step-By-Step Guide For C-Suite Executives
AUTOMATED CASH REPORTING APPLICATION
Once the data requirements have been defined, the application can be built and tested. This should include comprehensive testing plan to ensure that the software meets the required specifications and is capable of providing the data required by the organisation. Additionally, test scripts should also be developed to verify that the application functions correctly and that it integrates seamlessly with other system components.
5. Deploy
Once the testing phase has been completed, the application is ready for deployment. This requires detailed deployment plan that involves the transfer of data from the existing system to the new solution, the roll out of updates, the setting up of user accounts, and the issuing of training documents to ensure that all relevant personnel have an understanding of the application?s capabilities.
6. Support
Finally, it is important to ensure that the newly deployed application is suitably supported. This includes setting up dedicated support team, identifying any potential risks or vulnerabilities, and creating an escalation process for rapid resolution of any issues that may arise. Furthermore, it is also advisable to implement regular maintenance schedules, as well as making sure that any new features can be quickly deployed using the same process.
Conclusion
Order to Cash automation is key focus for C-Suite executives, and the implementation of cash reporting application is essential for the success of this process. This guide has outlined the steps and considerations needed for the successful deployment of cash reporting application, and if followed, can enable organisations to derive maximum value from their investments and realise the full potential of their order to cash process.
