Research Finds Strategic Focus on Order-to-Cash Process Can Boost Cash Flow LAWRENCEVILLE, N.J., Aug. 1, 2023 /PRNewswire/ — The role of today’s Chief Financial Officer (CFO) is undergoing significant changes and expansions, according to a new study,* " The Evolution of Order-to-Cash ," conducted by global market analysis and advisory firm IDC on behalf of the B2B order-to-cash software and digital payments market leader, Billtrust . The study, administered to 622 business executives, highlights the growing importance of CFOs in managing cash, supply chain finance, insurance and commodities while working with limited resources. Finance leaders turn to Billtrust to control costs, accelerate cash flow and improve customer satisfaction. As a B2B order-to-cash software and digital payments market leader, we help the world’s leading brands get paid faster while transitioning from expensive paper invoicing and check acceptance to efficient electronic billing and payments. With over 2,600 global customers and more than $1 trillion invoice dollars processed, Billtrust delivers business value through deep industry expertise and The results highlight the need for CFOs to prioritize digital transformation in the order-to-cash process. Amid ongoing economic uncertainty, 90% of the respondents agreed that the CFO’s importance has "significantly" elevated within their organizations. This […]
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