Order To Cash Outsourcing Industry Solutions
Corporate resources are thin yet more than ever, cash flow is critical, and revenue and profit dilution must be minimized. How do you manage this, balancing the need to control overhead and avoid technology investment? We have immediately implementable solutions to unlocking working capital, accelerating cash flow, and reducing the revenue and profit dilution that stems from customer deductions.
Smyyth is a trusted corporate partner for over 100 years, with capabilities and technology that can actually transform the way credit and accounts receivable is managed, and improving cash flow, customer service and profits.
Our best-in-class Carixa platform, highly experienced management, and 100% customer-facing USA staff mirrors your culture, follows your policies, and automates operations to produce dramatic results. And, you are always in the loop with the collaborative Carixa internet platform.
Outsourced and Project Services
Our solutions can be either comprehensive or targeted to problem areas, with fast turnkey implementation and seamless integration. We can support any of your order to cash processes.
Credit – Collections -Deductions – Cash Application – EIPP -Lost Revenue Audits -Reconciliation – Robotic Process Automation
Backlog “Cure” Projects
Most companies have cash flow tied up in delinquencies and chronic deduction backlogs. We execute short-term “cure” projects of any scope, for any credit or accounts receivable function on a one-time or continuing basis.
- DSO Improvement
- Collection Management
- Deduction resolution
- Account reconciliation
- Cash application
- SKU level matching (i.e., returns)
- File rebuilding, re-application
- Forensics to uncover hidden A/R value
- Consulting to solve systemic problems
- Profit Recovery programs
Management Reporting and Knowledge Transfer
We work hand-in-hand with your staff to achieve your objectives and ensure knowledge transfer. Periodically or at the end of each engagement, we deliver our recommendations:
- Engagement objectives vs. results.
- Profit, and cash flow opportunities.
- Controls and enhancements.
- Best Practices.
- Smyyth services are SSAE16 certified and Six Sigma based.