11 Questions to Ask About Your Order-to-Cash Processes
Amazon and other top ecommerce companies can offer virtually instant gratification because super-efficient and highly integrated operational processes underneath the buying process make it possible.
Do your Order-to-Cash processes – quoting, customer orders, e-commerce, pick/pack/ship, accounts receivable – allow your company to deliver a fast and frictionless buying experience?
Ask these questions to determine where you can focus your optimization efforts:
1. Do you have a database to keep track of prospects and opportunities?
2. Is it possible to create a quote for a prospect and convert it to a sales order that creates a new customer without retyping the order or the pricing?
3. Can a customer create a shopping cart online and call in to work with a customer service person to edit the cart?
4. Is the e-commerce site easy to use and easy on the eyes?
5. Do you have a defined IT roadmap and tools for e-commerce and integration?
6. Can pricing be set up in the system to meet the customer’s needs (e.g., waterfall from product category and customer group down to specific SKUs and customers)?
7. Is the pick/pack/ship process driven by paper or by technology (e.g., handheld bar code scanning, pick to voice, etc.)?
8. Are more advanced picking processes driven by technology (e.g. zone picking)?
9. Are other forms of automation being used (e.g. carousels, pick-by-voice, etc.)?
10. Is bank reconciliation automated?
11. Do your customers pay on time, and why or why not?
The 7 Deadly Sins of ERP Implementation
Some mistakes are just bad strategic or financial decisions. Some are the inevitable consequence of situational or organizational factors. Some, however, are the result of process-oriented or people-centric choices – and are easily avoided. These are The Seven Deadly Sins of ERP Implementation.
David has more than 25 years of experience helping mid-size and large manufacturing organizations and wholesale distribution companies leverage modern ERP technologies, optimize their operations and accelerate their business processes.