5 Steps to a Holistic Lead-to-Cash Process
Article
5 Steps to a Holistic Lead-to-Cash Process
November 02, 2022

As a finance leader, getting a holistic view of each step in your lead-to-cash process begins with lead generation through to final payment. This gives your people the tools they need to streamline operations and focus on core business initiatives.

Why You Need to Optimize

Improve Data Quality – Integrate your CRM and accounting/ERP systems to collaborate with sales and share pricing data.

Save Time – Eliminate manual data re-entry and free up your finance team to focus on strategic work.

Minimize Errors – Automate repetitive manual processes to reduce human error and costly mistakes.

Step-by-Step Breakdown

Lead to Qualify – Develop lead and partner relationships to turn them into customers. Sales, marketing and finance teams manage current deals and create product specs to address customers’ needs.

Qualify to Order – Generate quotes quickly and accurately by implementing a configure, price, quote (CPQ) system. Create complex quotes customized around bundles, products, quantities and prices. With a 360-degree view of customers, you’ll understand their purchase cycles and geographies.

Order to Cash – Handle, track and manage order life cycles with fulfillment, jeopardy and fallout analytics once orders are entered into your CRM. Manage error-prone contract amendments and dynamic terms and conditions in a unified system.

Cash to Care – Leverage your streamlined lead-to-cash process to provide customers effective resolutions for billing inquiries, troubleshooting and customer service.

Retain to Grow – Drive strategic growth by nurturing your valued relationships with customers. Provide AI-powered analytics and recommendations, create custom loyalty programs or offer self-care functionalities. Better identify cross-selling and upselling opportunities.

Contact our experts to learn how you can optimize your lead-to-cash process.

5 Steps to a Holistic Lead-to-Cash Process
DOWNLOAD THE INFOGRAPHIC (PDF)

Stay In Touch

Sign up to stay up-to-date with the latest accounting regulations, best practices, industry news and technology insights to run your business.

Resources
Related News & Insights
Overview of Salesforce Spring 2023 Release
Webinar
Salesforce Spring 2023 Release Has Arrived, Stay Informed of the New Features

February 23, 2023 | 10:00 AM - 11:00 AM PT
8 Ways a CPM Technology Solution Can Drive Efficiencies in Your Real Estate FP&A Processes
Checklist
Implement a planning solution into your real estate firm’s tech stack and reap eight major benefits.

January 04, 2023
9 Benefits to Look for in Your Healthcare Organization’s  FP&A Solution
Checklist
Corporate performance management software may be the key you need to modernize your organization and meet new demands.

December 20, 2022