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Articles Posted in “The Department of Business Prevention

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Treat Contracting as Business Process Management: Cut Order-to-Cash Cycle, Remove Operational Bottlenecks

The Point Why approach the contracting function as a form of business process management? Two reasons. First, efficient contracting drives — and ad hoc contracting impedes — cash flow. By making the order-to-cash cycle fast or slow. Second, efficient contracting enables quick action — and ad hoc contracting creates roadblocks…

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