Centralization Is Key to Speeding the O2C Cycle

Just over one quarter of companies (27 percent) collect 90 percent or more of their total yearly sales within contracted payment terms. That’s one key finding from the recent CFO Research survey, Made to Measure: CFOs on Finance-Procurement-Process Improvement. The study, which polled 434 senior finance executives at global companies, provides AR pros with a timely heads-up on what the finance chiefs they typically report to are seeking when it comes to AR's role in speeding cash flow. On the…