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EXCELLENCE IN ORDER MANAGEMENT
Analyst Insights

EXCELLENCE IN
ORDER MANAGEMENT
The Benefits of Automation

Created by Name
2013/10/01

www.esker.com
Aberdeen recently released an Analyst Insight written by Ankita
Tyagi.

This Analyst Insight compiles information from two surveys in
2012 and 2013 that reached out to C-Level Executives mostly in
the Financial Service industry.
The Analyst Insight provides insights into how companies are
optimizing their ‘order-to-cash’ processes in order to serve
customers more quickly and provide better order processing.
Free Webinar

Presentation title to insert here
Leading Objectives of the AR Department
The top improvement objectives for AR
departments revolved around accelerating order
management. Nearly half of the study
respondents listed reducing Days Sales
Outstanding (DSO) as a top objective.
Percentage of Respondents

Reduce DSO

49%
0%

10%

20%

30%

Percentage of Respondents
Source: Aberdeen Group, January 2012

Presentation title to insert here

40%

50%

60%
AR OBJECTIVES
Additional Leading AR Objectives shown within the Study Include:
Reduce receivables processing cost/time.

Reduce ‘customer-to-cash’ or ‘order-to-cash’ cycle.
Improve transaction efficiency.

Source: Aberdeen Group, January 2012

Presentation title to insert here
ARE YOU AN AR LEADER?—OR FOLLOWER?
Aberdeen defines:
Leaders: top performing organizations who achieve all of the AR objectives
Followers: organizations who do not achieve all of the AR objectives
Followers report a smaller satisfactory rating for their ability to provide accurate
and complete information when invoicing their customers.
Percentage of Respondents: Level of Satisfactory
Leaders
Followers
0%

10%

20%

30%

40%

50%

"Somewhat Satisfied" to "Extremely Satisfied"

Source: Aberdeen Group, January 2012

Presentation title to insert here

60%

70%
HOW ARE THE LEADERS DOING IT?
Leading companies are more satisfied with their processes, as they
address and update their order-related queries rapidly through
Automation.
Leaders vs. Followers:
Percentage using Automation
Leaders

Followers
0%

5%

10%

15%

20%

25%

30%

Percentage using Automation

Source: Aberdeen Group, January 2012

Presentation title to insert here

35%

40%

45%
GET THE FULL REPORT!
Check out the full report [by clicking on the button below] and learn
more about how Leading companies have achieved the following
with Automation…
Integration of billing and collections with order entry and credit with no
duplication entry
Real-time visibility into current exceptions by customer, problem, type, etc.
Standardized enterprise-wide procedures for order fulfillment, delivery and
shipment
Standardized enterprise-wide procedures for quotation and order management

Click here!
Source: Aberdeen Group, January 2012

Presentation title to insert here

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Aberdeen Analyst Insight

  • 1. EXCELLENCE IN ORDER MANAGEMENT Analyst Insights EXCELLENCE IN ORDER MANAGEMENT The Benefits of Automation Created by Name 2013/10/01 www.esker.com
  • 2. Aberdeen recently released an Analyst Insight written by Ankita Tyagi. This Analyst Insight compiles information from two surveys in 2012 and 2013 that reached out to C-Level Executives mostly in the Financial Service industry. The Analyst Insight provides insights into how companies are optimizing their ‘order-to-cash’ processes in order to serve customers more quickly and provide better order processing. Free Webinar Presentation title to insert here
  • 3. Leading Objectives of the AR Department The top improvement objectives for AR departments revolved around accelerating order management. Nearly half of the study respondents listed reducing Days Sales Outstanding (DSO) as a top objective. Percentage of Respondents Reduce DSO 49% 0% 10% 20% 30% Percentage of Respondents Source: Aberdeen Group, January 2012 Presentation title to insert here 40% 50% 60%
  • 4. AR OBJECTIVES Additional Leading AR Objectives shown within the Study Include: Reduce receivables processing cost/time. Reduce ‘customer-to-cash’ or ‘order-to-cash’ cycle. Improve transaction efficiency. Source: Aberdeen Group, January 2012 Presentation title to insert here
  • 5. ARE YOU AN AR LEADER?—OR FOLLOWER? Aberdeen defines: Leaders: top performing organizations who achieve all of the AR objectives Followers: organizations who do not achieve all of the AR objectives Followers report a smaller satisfactory rating for their ability to provide accurate and complete information when invoicing their customers. Percentage of Respondents: Level of Satisfactory Leaders Followers 0% 10% 20% 30% 40% 50% "Somewhat Satisfied" to "Extremely Satisfied" Source: Aberdeen Group, January 2012 Presentation title to insert here 60% 70%
  • 6. HOW ARE THE LEADERS DOING IT? Leading companies are more satisfied with their processes, as they address and update their order-related queries rapidly through Automation. Leaders vs. Followers: Percentage using Automation Leaders Followers 0% 5% 10% 15% 20% 25% 30% Percentage using Automation Source: Aberdeen Group, January 2012 Presentation title to insert here 35% 40% 45%
  • 7. GET THE FULL REPORT! Check out the full report [by clicking on the button below] and learn more about how Leading companies have achieved the following with Automation… Integration of billing and collections with order entry and credit with no duplication entry Real-time visibility into current exceptions by customer, problem, type, etc. Standardized enterprise-wide procedures for order fulfillment, delivery and shipment Standardized enterprise-wide procedures for quotation and order management Click here! Source: Aberdeen Group, January 2012 Presentation title to insert here