PSO from Order to Cash: Improve Billability and Cash Flow Related Topics:Keys to Success Step 1 in implementation of an ERP solution is about ensuring a good flow from order to cash, making sure that all hours are entered and you invoice as much as possible. Time Entry An intuitive and user-friendly time and expense module is available for end-users, allowing employees to easily enter time on a weekly or daily basis. Expense Entry Access to an expense sheet is available within the employee workspaces, enabling entry of expenses and employee reimbursement. Project and Time Sheet Approval Several principles can be applied to the approval of time and expenses. External Costs for Approval In addition to the hours and expenses, external costs may appear on the project. Project Invoicing The final part of the order-to-invoice workflow is invoicing. Cash Collection When invoices are sent out, it is the job of the A/R department to ensure that money is collected. Parent Topic: PSO HomeSolution DescriptionsPSOPSO from Order to Cash: Improve Billability and Cash Flow
PSO from Order to Cash: Improve Billability and Cash Flow Related Topics:Keys to Success Step 1 in implementation of an ERP solution is about ensuring a good flow from order to cash, making sure that all hours are entered and you invoice as much as possible. Time Entry An intuitive and user-friendly time and expense module is available for end-users, allowing employees to easily enter time on a weekly or daily basis. Expense Entry Access to an expense sheet is available within the employee workspaces, enabling entry of expenses and employee reimbursement. Project and Time Sheet Approval Several principles can be applied to the approval of time and expenses. External Costs for Approval In addition to the hours and expenses, external costs may appear on the project. Project Invoicing The final part of the order-to-invoice workflow is invoicing. Cash Collection When invoices are sent out, it is the job of the A/R department to ensure that money is collected. Parent Topic: PSO HomeSolution DescriptionsPSOPSO from Order to Cash: Improve Billability and Cash Flow