Comprehensive Process Management
by Quote to Cash
The expert advisors at Quote to Cash take pride in delivering fully comprehensive process management and financial solutions to companies in both the domestic and global spheres. Learn more about the diverse services we offer that can help you improve your company’s revenue and embark on a brighter financial future.
- Do you Need Quote to Cash?
- Executive Credit and Finance Experience
- Proven Results and Solutions
- Proven Value Added Benefits
Do you Need Quote to Cash?
Can you relate to the following common financial management issues? If so, Quote to Cash can help!
Experiencing:
- Slow A/R turns and eroding profitability
- High level of customer deductions
- Lack of cross-functional approaches to issues related to credit, billing, customer service, cash management, collection, cash application and dispute management
Desire to:
- Optimize cash flow and liquidity
- Improve risk management of domestic and international sales
- Maximize potential efficiencies from automation and proactive credit and collection tools
- Develop options to maximize credit as a sales enhancing tool
- Improve customer satisfaction and competitive position in the marketplace
Executive Credit and Finance Experience
Each partner brings over 25 years experience as a senior credit and finance executive with a background in both domestic and international financial process management. This makes Q2C a uniquely qualified resource to companies needing expert assistance.
Experience in companies such as:
- Allied Signal
- Applied Materials
- Aspect Telecommunications
- Dataproducts/Hitachi Koki
- Hewlett Packard
- Honeywell
- Sony Pictures Entertainment
- Xerox
Proven Results and Solutions
- Centralized global field operation into consolidated center of excellence
- Using both Total Quality Management and Hoshin planning methods, implemented changes resulting in revenue and net profit improvements
- Annual free cash flow improvement of $193 Million
- Annual dollars collected per Full Time Equivalent (FTE) increased from $28 to $81 Million
- Improved credit evaluation tools, resulting in turnaround time from days to minutes
- Lock Box improvements increased accurate first day auto cash application by 12%, reducing costs by 20%
- Restructured decentralized global, multi-division, credit and customer finance operations
- Reduced Days Sales Outstanding (DSO) by 36% and past due balance by 45%. Annualized cost of funds savings of approximately $33 Million
- Initiated cross-functional quote to cash process improvement teams
- Up to 50% headcount reductions with improved DSO and past due results
- Implemented automated collections systems
- Developed and implemented proactive, market oriented, credit and collections policies
- Developed and implemented equipment leasing programs and a captive inventory finance company for sales to undercapitalized channels
Proven Value Added Benefits
Reduce Investment in Accounts Receivable
- Increase A/R turns
- Reduce A/R tied to deductions
- Improve trade credit management
- Leverage third party financing solutions
Reduce Bad Debt Exposure
- Intelligent credit decision process
- Secure sales
Reduce Cost of Funds
- Improved A/R results in lower borrowing
Reduce Operating Costs
- Decrease exception processing
Increase Sales And Customer Satisfaction
- Sales oriented credit policies
- Financing options