Three Myths About Customer-to-Cash in GBS Organizations
- Hackett Report

How does this ebook help me?
Customer-to-cash (C2C) in GBS organizations are increasingly leveraging digital strategies to produce meaningful savings without compromising service quality. Indeed, the most significant benefits are reflected in measures of business value like improved customer experience, and a substantial impact on enterprise profitability. But digital maturity in GBS is turning out to be a double-edged sword, generating both myths and challenges to their continued relevance that customer-to-cash leaders must consider and address.
Download Now

Key Takeaways

‘New-normal’ and cloud-based platform adoption encourages remote working for GBS C2C
Real-time access to data improves CX and better end-to-end visibility
Technology modernization improves service delivery quality and reduces costs
Challenges to be addressed are:
  • Need for continuous process improvements
  • Meeting stakeholder expectations
  • Advocating changing role of GBS

Table of Contents

01.
Executive Summary
Skip to Section
02.
The Continued Relevance of the GBS Model for Customer-to-Cash Organizations
Skip to Section
03.
Myth #1: Remote and Hybrid Work Models for Executing Customer-to-Cash Processes are Inappropriate for GBS Organizations
Skip to Section
04.
Myth #2: Customer-to-Cash Activities will be Pushed Further into the Back-Office
Skip to Section
05.
Myth #3: Owners of Customer-to-Cash Processes in GBS Organizations will Come Under Intensified Pressure to Produce Operational Savings
Skip to Section
06.
Looking Ahead
Skip to Section
Chapter 01

Executive Summary

Customer-to-cash activities handled in GBS organizations are increasingly leveraging digital strategies to produce meaningful savings without compromising service quality. Indeed, the most significant benefits are reflected in measures of business value: 73% of top performers report a moderate or high impact on the experience of their customers, suppliers and employees. Further, with technological progress freeing up staff time to focus on valuecreating work, 64% of top performers have witnessed a substantial impact on enterprise profitability. But digital maturity in GBS organizations is turning out to be a double-edged sword, generating both myths and challenges to their continued relevance that customer-to-cash leaders must consider and address.

Related Resources

7 Best Practices To Ensure Faster Collections

Take me to the blog

How Difficult is it to Raise A…

Take me to the blog

The Innovation Mandate that Every O2C GPO…

Take me to the blog

There's no time like the present

Get a Demo of Integrated Receivables Platform for Your Business

Request a Demo
Request a demo

HighRadius Integrated Receivables Software Platform is the world's only end-to-end accounts receivable software platform to lower DSO and bad-debt, automate cash posting, speed-up collections, and dispute resolution, and improve team productivity. It leverages RivanaTM Artificial Intelligence for Accounts Receivable to convert receivables faster and more effectively by using machine learning for accurate decision making across both credit and receivable processes and also enables suppliers to digitally connect with buyers via the radiusOneTM network, closing the loop from the supplier accounts receivable process to the buyer accounts payable process. Integrated Receivables have been divided into 6 distinct applications: Credit Software, EIPP Software, Cash Application Software, Deductions Software, Collections Software, and ERP Payment Gateway - covering the entire gamut of credit-to-cash.

© 2024 HighRadius • All rights reserved
© 2024 HighRadius • All rights reserved
Corporate Headquarters

HighRadius Corporation
2107 CityWest Blvd,
Suite 1100,
Houston, TX 77042