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An Overview of Order to Cash and SAP Process Mining

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Corporate Insight
An Overview of Order to Cash and SAP Process Mining

Process improvement is an indispensable exercise for any enterprise today. The most effective technique to accomplish the task is process mining. However; there are different types of techniques. A couple of them are the order to cash and the SAP process mining.

 

SAP Process Mining

 

SAP stands for System Application and Products. It is also the name of one of the largest software provider companies in the world based in Germany. The SAP process mining software has been designed to –

·       Analyze and report on the current status of an enterprise;

·       Report generation on speed as well as efficiency of the existing process; and

·       Use over 300 key indicators based on client data for making such assessments.

 

How the SAP Process Mining works

 

The SAP technology for process mining uses indicators based on the data available in the client enterprise. Its intelligent RAP or Robotic Process Automation collects and analyzes data to develop process improvement methods. It has become one of the most popular tools to revitalize business processes making them suitable for the growth of the enterprise in a positive manner.

 

The Order-to-Cash Process Mining

 

Order-to-cash process mining (O2C) can be instrumental in making a company successful. Optimizing the process can work wonders for any enterprise. To achieve this goal the system depends on an integrated software solution. A great advantage for the end-users is that it is possible to customize the process from inception through the logical conclusion of the project.

 

The Order-to-cash process starts with the customer placing an order for goods and services. The process does not end with receiving an order and getting paid for them. There are various other aspects to look at even when the primary tasks are completed. The order-to-cash process mining can help considerably in the achievement of such goals. You can reach out to Corporate Insight for qualitative support in this regard.


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