Order-to-Cash is an integration point between Finance (FI) and Sales (SD). It is also known as OTC or O2C in short form. It is a business process that involves sales order from customers to delivery and invoice. It comprises SO, Delivery, Post Goods Issue (PGI) and billing to customers. OTC process is a very important process in Enterprise Resource Planning software(ERP Software). Both major ERP software SAP and Oracle include this process. Finally, let me tell you about Betty. Somehow, I think everyone thought Betty would never die. Perhaps it was because she never quit asking questions, questioning the answers and growing in her spirit. At age 70 she probably brought more questions to the Bible Study discussion table than anyone in the room. She contemplated every answer and held it up against scripture. When they called to tell me Betty had gone to be with Jesus, I was speechless. It had never really occurred to me that Betty could possibly die. Even with white hair and a frail body, she never seemed old enough to die. Her joking was full of love, her fun was youthful and her passion for life and learning were childlike.
The Tennessee Board of Regents (TBR) is Tennessee’s largest higher education system, governing 40 post-secondary educational institutions with over 200 teaching locations. The TBR system includes 13 community colleges and 27 colleges of applied technology, providing programs to students across the state, country and world.
Whether you’re the largest corporation in Canada or a small new start up (and everything in between) your business needs working capital. In Canada small business financing loans and financing arraignments for working capital are limited to a handful of possibilities – but being aware of what they are and qualifying for them could be the solution to your constant focus on cash flow via some sort of working capital loan.