Mind The Value srl Via B. Crespi, 14 20159 Milano MI, Italy CF / P.IVA 07514630966
Mind The Value USA Corp. 309 Vine St - Suite 807 Cincinnati - OH 45202 – 3652 USA
Mind The Value ANZ Pty Ltd North Tower - Suite 3 - L8 1-5 Railway St - Chatswood 2067, NSW Sydney Australia
Mind The Value Tech Labs srl str. Calea Iesilor 10 | et. 4 Chișinău | MD-2069 Moldova
Mind The Value Adria d.o.o. Rijeka (Grad Rijeka) Strossmayerova, 16 Croatia
As recent events are showing, the effective management of Order to Cash (OTC) process is becoming one of the top priorities for organizations. Its direct impact on customer relationship, on organizations’ bottom lines and on the other business processes make OTC a crucial aspect for companies all over the World. Mind the Value OTC Business Unit enables our customers to optimize their OTC flow, implementing new, cutting-edge technological solutions and improving company performance.
The optimization of OTC processes brings benefits throughout the entire company, enabling organizations to speed up and simplify order entry and improving cash flows. In addition, customer relationship is enhanced: a more effective Order to Cash management improves both customer service level and delivery date estimates. Moreover, companies can achieve an higher level of accuracy in inventory monitoring and improve their KPI analysis.
We enable you to redefine your Order to Cash cycle leveraging on latest technologies, to improve your customer relationship and optimize your warehouse management.
Order to Cash process includes all the business activities that take place to meet customer requests. This cycle begins when a customer places an order and ends with the payment for the good or service received, covering all the stages of customer purchase.
Among the different activities that are pivotal for an effective management of the Order to Cash flow, Mind the Value focuses on the following:
The first part of the order cycle begins every time a customer orders a good or service from a company. After receiving the customer’s order, the company might conduct a credit review before accepting it.
Once the customer’s reliability is verified, the goods are picked from the warehouse and the sales order is prepared for shipment. The product is then shipped to the customer in a timely fashion to guarantee the promised date.
Once the order has been shipped, the company generates an invoice for the goods/services it included and sends it to the customer. The accounts receivables are posted waiting to receive the payment, that will be sent by the customer after the ordered good is received.
By analyzing OTC process data, it’s possible to determine if the cycle is optimized and the impact on revenue and customers.
We approach the business challenges leveraging innovation as a competitive advantage to help achieve the results, along with the right processes, the right technology and with the right strategy behind it. We know that every company is unique, and we work as partners with our clients to identify the solution that is best suited for their requirements.
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