Finance Fundamentals – Order to Cash (O2C)
Finance Fundamentals - Order to Cash (O2C)
Unlock the world of Order to Cash (O2C) with our comprehensive course!
Are you seeking a career in the specialized field of Order to Cash within accounting? Do you wish to enhance your accounting skills to progress in your current role? Are you eager to expand your knowledge and clarify doubts on all Order to Cash activities such as sales quotas, sales orders, credit management, dispute resolution, and cash applications?
If you've answered yes to any of these questions, you're in the right place.
This course is meticulously designed to refresh your concepts and prepare you for successful job interviews. Here's what we'll cover:
- Basic concepts of O2C and associated terminologies
- Journals, posting, and their impact on financial statements
- Understanding the O2C cycle and step synchronization in flowcharts
- Sales quotas and sales orders
- Explanation of credit management
- Shipping and associated terms
- Invoicing and billing – exploring different types
- Collection management insights
- Explanation of dispute management
- Customer return management
- Various customer payment methods
- Understanding cash applications
- Concepts of DSO and other receivable ratios with reporting
- Exploring bad debts, PFDD, DA, trade discounts, and BDR
- Customer aging analysis with tables and its significance
- Identifying gaps in the O2C cycle and implementing best practices for improvement
Features:
- Easy-to-Follow Modules: Simplified content covering sales journals, credit management, invoicing, and more.
- Practical Exercises: Hands-on activities to reinforce learning and understanding.
- Real-Life Scenarios: Dive into case studies reflecting common O2C situations, enhancing problem-solving skills.
- Interactive Practice Session: Utilize our Training ERP system for simulated order processing and cash application exercises.
Advantages:
- Comprehensive Coverage: From basic concepts to advanced topics like dispute management, our course ensures a thorough understanding of O2C.
- Career Opportunities: Valuable skills for diverse industries, opening doors for career growth in sales-related roles.
- Practical Application: Learn to apply O2C principles effectively in real-world scenarios.
- Flexible Learning: Access course materials online at your convenience for self-paced learning.
- Enhanced Understanding: Gain a deep understanding of O2C concepts for informed decision-making.
- Job Readiness: Acquire skills highly valued by employers, enhancing your competitiveness in the job market.
- Personal Development: Enhance problem-solving, attention to detail, and analytical skills.
- Confidence Building: Gain confidence in navigating O2C processes, setting a strong foundation for a successful sales career.
Who is this course for?
Freshers to 5 years of experience or anyone aspiring for a career in Finance and Accounts Outsourcing/Offshoring Operations.
Join our course on Finance Fundamentals: Order to Cash (O2C) course today and embark on your journey towards becoming a proficient and confident sales professional!
- Comprehensive Coverage: From basic concepts to advanced topics like dispute management, our course ensures a thorough understanding of O2C.
- Career Opportunities: Valuable skills for diverse industries, opening doors for career growth in sales-related roles.
- Practical Application: Learn to apply O2C principles effectively in real-world scenarios.
- Flexible Learning: Access course materials online at your convenience for self-paced learning.
- Enhanced Understanding: Gain a deep understanding of O2C concepts for informed decision-making.
- Job Readiness: Acquire skills highly valued by employers, enhancing your competitiveness in the job market.
- Personal Development: Enhance problem-solving, attention to detail, and analytical skills.
- Confidence Building: Gain confidence in navigating O2C processes, setting a strong foundation for a successful sales career.