SESSION 2 – COLLECTION & STANDARDIZATION = FRIENDS?

Cash collection optimization and cost reduction through increased centralization and standardization of AR operations

• Stabilizing and harmonizing collection processes in global environment: Easier said than done in a context of global economic downturn
• Integrated cash management: Dealing with multiple legacy systems and different applications’ architectures when initiating the standardization phase of your processes
• Country specific payment cultures and the rise of e-invoicing: Challenges in properly automating your cash application