Better Order to Cash Processes Can Improve Customer Satisfaction

Supply chain intelligence speeds the order to cash (OTC) cycle and improves cash flow by connecting the data points across the operational, financial, and service supply chain functions needed to maximize on-time delivery and increase customer satisfaction while controlling costs.

This means faster payment from happy customers. Halo’s visual analytics, what-if scenarios and alerts support your OTC processes from the point of order entry to cash receipt, flagging exceptions in process or performance.

With better Order to Cash (OTC) processes, organizations can:

• Improve their cash-to-cash cycle by better managing their Receivables
• Reduce costs through Increased process efficiency and streamlining
• Improve customer satisfaction through improved documentation, invoicing and information

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Remove Data Silos for End-to-End Process for Procure to Pay

Challenges can occur even before an order is placed. Halo’s end-to-end visibility connects vital supplier, financial, and operational supply chain functions to seamlessly connect the data needed to support the procure to pay (P2P) process.

Alerts on supplier performance to target and improved data accuracy ensures that procure to pay is a faster, more reliable process. Halo’s what-if modeling aligns inventory and supply, improves budget forecasting, and delivers insight at each step of the process.

With better Procure to Pay (P2P) processes, organizations can:

• Improve their cash-to-cash cycles through effective management of their payables
• Improve supplier relationships through on-time payments and rapid problem resolution
• Reduce process costs through improved process efficiency and speed

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Improved Record to Report Processes Free Up Financial Resources

Reducing the record to report (R2R) cycle requires providing timely and relevant strategic, financial and operational feedback needed to understand how your business is performing.

Halo improves R2R by centralizing critical data, providing value-add analytics and alerts, and freeing up finance resources from laborious reporting with up-to-the minute budget and GL insights.

With better Record to Report (R2R) processes, organizations can:

• Improve the speed and accuracy of decision making through accurate and on-time reporting
• Understand the financial position of the company in as near real-time as possible
• Get a better handle on their business and operations performance through accurate and targeted reporting

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Improve Transaction Accuracy in Plan-To-Deliver Processes

Companies strive to improve fulfillment costs and reduce delivery lead times while keeping a focus on service quality.

Halo supports plan to deliver (P2D) processes and decision making with a visual dashboard of each phase and activity, connecting disparate data sources across functions for a single point of truth, and alerting for when thresholds aren’t met.

Key metrics such as % schedule stability and % schedule adherence are available on demand and in a prebuilt format.

With better Plan to Deliver (P2D) processes, organizations can:

• Improve customer satisfaction and experience through improved fulfillment and information
• Reduce inventory levels and working capital through improved demand and supply matching
• Reduce expediting and penalties costs through improved accuracy of planning and fulfillment

Learn More about Halo’s Solutions. Schedule a Demo Today.

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