Solved

Your Company's Order-To-Payment Cycle Is 50 Days

Question 93

Essay

Your company's order-to-payment cycle is 50 days. The average for your industry is 45 days. Your boss has asked you to reduce this cycle to the industry's average. To accomplish this goal, you begin to outline the "processes" in the order-to-payment cycle to find out where improvements can be made. List the "processes" that make up the order-to-payment cycle.

Correct Answer:

verifed

Verified

The order-to-payment cycle is the elapse...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions