For the Finance Function, the fast-changing and unpredictable world in which we live presents increased challenges, but also new opportunities enabled by technological innovation.
Nevertheless, the emerging digital solutions can be difficult to navigate and judge their maturity, prerequisites, and impact. Furthermore, the Order-to-Cash cycle is particularly affected by the economic landscape: rising interest rates and company defaults, widespread inflation sometimes combined with disruptions, and a competitive recruitment market.
In this challenging environment, some companies assume a passive spectator role, while others proactively undertake a transformative journey, leveraging all the essential elements of their Finance Function: people, processes, technologies, and data.
As part of this study, the teams from Sidetrade and PwC have thus aimed to provide some guidelines, which might give you success keys to go further and faster in the transformation of your Finance Function.
Gain a 360-degree view of customer payment behavior
Improve collection efficiency and reduce employees’ workload
Enhance collaboration between sales, finance and delivery
Boost cashflow, improve working capital, and reduce bad debt
Increase customer satisfaction by resolving disputes faster
Gain control and visibility of the Order-to-Cash process
SIDETRADE’S AI CASH COLLECTION SOFTWARE
Sidetrade’s Augmented Cash platform helps companies to increase revenue, protect profitability, drive a cash culture and optimize working capital.
With this crucial accounts receivable software underpinned by Sidetrade’s award-winning AI technology, Aimie, you can count on reliable, informed accounts receivable automation leveraging data-driven insights.
Drive success in your Order-to-Cash process with real-time dashboards and data visualization to spot opportunities, proactively combat challenges before they arise, and share your financial successes with sales and customer services.
Sidetrade’s accounts receivable software is used by large and medium enterprises globally. They are united in a desire to secure cash flow, streamline their Order-to-Cash processes and improve working capital leveraging cutting-edge AI cash collection and accounts receivable automation.