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.

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The Answer of 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.

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