The Voice of P2P Automation from the Finance Process Gurus at PayStream Advisors.

PayStream Releases Revenue Cycle Management Report

Posted On January 23, 2013 by Teresa Bertucci

The new report Revenue Cycle Management: Increasing Control Over the Order-to-Cash Process published by PayStream Advisors reveals that Revenue Cycle Management (RCM) solutions offer considerably more functionality within an expanded universe than they did five years ago and are working to significantly increase cash flow. RCM software dramatically improves receivables performance. The report reveals that through the use of collection automation, companies have witnessed reductions of:

10 to 20 percent in Days Sales Outstanding;
25 percent in past due receivables; and
15 to 25 percent in bad debt reserves.

The report also reveals that there are a number of growing concerns in the credit profession related to credit quality, dispute management, new account processing and international sales; all of which can be addressed by AR automation. The report also reveals a number challenges currently facing credit and collections including too little collection activity and erratic collection efforts, to name a few.

Report highlights include:

Revenue Cycle Management value proposition – processing efficiency, lower costs, enhanced visibility and control
How RCM solutions streamline the order-to-cash process
New innovations in RCM solutions
Differing approaches to Revenue Cycle Management
Traditional versus automated collections
RCM Solution provider profiles and case studies

This report was created to help AR professionals:

Explore the different types of AR automation that span the order-to-cash process;
Understand the business case for implementing RCM technologies to improve receivables management; and
Take the next step towards the adoption of AR automation

Software Reviews on:

CashOnTime
e2b teknologies
HighRadius
SAP
TermSync

Find the best reviews and comparisons of automation software for your accounts payable (AP) and purchase to pay (P2P) operations for top automation software technologies like, data capture, electronic invoicing, epayments, p-cards, travel and expense management, supply chain, and imaging and workflow brought to you by the finance process gurus at PayStream Advisors.

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PayStream Releases Revenue Cycle Management Report

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