Information Technology
IT Manager
As the primary Technology (IT) Manager, you are tasked to identify innovative ways to drive the business forward while controlling and reducing overall costs. Given the fragile economic climate and reduced resources, this has become even more challenging.
The Order-to-Cash process provides IT with an often overlooked opportunity to achieve certain corporate objectives:
- Reduce lockbox or internal cash application processing costs by as much as 50% without extensive configuration
- Cut the desktop hardware requirements for cash application and exception handling in half by migrating to more inexpensive platforms
- A highly flexible application can be configured to optimize the cash application and collections processes
From an IT perspective this converts into a number of benefits that directly support your ability to infuse greater efficiency into business:
- Spearhead process improvement that positively impacts cash application and collections performance
- Provide better tools and higher levels of productivity to the personnel resources managing the receivables process
- Minimize IT staff involvement in the overall Order-to-Cash process
The bottom line is an ability to implement changes that meet operational mandates to make processes easier, reduce costs and provide people with the most appropriate tools.