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Currently Browsing Tag: Sales Order Automation

What is Order Management?

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Order management, sometimes referred to as sales order automation or sales order processing, enables today’s companies to meet customer demands for a rapid quote-to-order-to-delivery process while removing mountains of paper from legacy ordering processes, producing significant organizational efficiencies. A digital order management system helps coordinate the aspects of a firm’s order fulfillment process as well as the administration. It includes order entry, tracking and processing orders, and organizing fulfillment from the initial order entry to shipment of the product. It also manages additional data from customers and sales teams. A quality order management system enables a company to achieve a … Continue reading

New DocStar Sales Order Automation Tool Optimizes Order to Fulfillment Process

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DocStar Enterprise Content Management Sales Order Automation offers accelerated time-to-value, reducing errors, lowering costs, and improving operational visibility AUSTIN, Texas – June 13, 2019 – Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, announced today DocStar ECM Sales Order Automation is now available. Ensuring that the sales order information is accurately entered into backend systems has traditionally been time consuming, labor intensive, and prone to error. Moreover, industry benchmarks show manual sales-order entry costs organizations $24 to $41 per order to process. DocStar ECM Sales Order Automation helps organizations reduce the high cost and … Continue reading

What is Order to Cash?

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Order to Cash, commonly abbreviated as O2C, provides users with a process to follow an order all the way from initial order receipt through payment. Fully developed, O2C enables an organization to move automatically through these steps in the order process: Customer onboarding/sales order creation Sales order release and inventory reservation Packing and releasing items Shipping Invoicing Payment receipt More robust 02C systems will also trigger ancillary value-added processes outside of the O2C stream, including collections for late payments and follow-up marketing efforts. Order to cash is critical for organizations in an increasingly digital economy because the more efficient and … Continue reading

What is Sales Order Automation?

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What is Sales Order Automation? Why is it important?  Sales order automation (SOA) streamlines manual, time-consuming, yet necessary tasks in the sales process, enabling the sales team to focus on where they can add value to the sales process rather than spending this time on data entry and administrative tasks that take little or no skill. Automating the tasks also ensures they are completed – there is no concern about a salesperson neglecting to enter data or to pass the right data along to the next step in the process. It also enables prospects and customers to learn about products and … Continue reading