Shortening the Cash Conversion Cycle with a Paperless Microsoft Dynamics Platform
The cash conversion cycle, or CCC, gauges the efficiency of a company’s cash management and often is a predictor of the performance of the retailer’s stock returns. An efficient CCC allows a business to remain ahead of competitors, to showcase a healthy company for potential customers and investors, and to spend more time on business-growth activities like sales and marketing. Obtaining this kind of efficiency, however, proves difficult for some organizations, especially those AP/AR departments that still must deal with literal paperwork instead of digital purchasing and payment documentation.
This document describes several ways in which a Microsoft Dynamics Paperless ERP solution can contribute to a more efficient cash conversion cycle.
This document describes several ways in which a Microsoft Dynamics Paperless ERP solution can contribute to a more efficient cash conversion cycle.
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