The Lead-to-Cash process covers all subprocesses from initial contact with prospective buyers to generating sales for the enterprise and involves departments such as marketing, sales, logistics, and even financial accounting. Digitalization has radically changed the expectations and purchasing decision process of your customers, requiring you to be more customer-centric than ever. Industry-specific versions are also possible. Our comprehensive best-practice solution Scheer performanceREADY contains many process variants to meet your specific needs.
These include the Order-to-Cash (O2C) process, which encompasses all activities from ordering to payment receipt. The O2C process involves a number of different departments and is usually processed in silos within organizations. As such, this process faces many challenges with regard to transparency and efficient collaborative work – factors that have a huge influence on internal costs, as well as customer satisfaction.
Optimizations such as Process Mining can help you to identify business opportunities in your processes and identify friction that prevents important results such as on-time delivery and customer satisfaction.
By improving the quality of your processes, you speed up the conversion of quotations to orders, increase your on-time delivery performance, and reduce returns due to incorrect deliveries. What’s more, transparency over your business processes also enables extensive root cause analysis.