Decrease Wait Times for Credit Approval and Improve Customer Relations

 

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Turning inventory into cash is a multi‐step process involving numerous business functions, from sales to logistics to finance. Problems that arise in any function and touch a customer’s order can have a dramatic impact on an organization’s bottom line. In this article, learn what APQC's Benchmarks on Demand data shows for the measure "cycle time in days for credit approval" and what insights there are to improve on this measure.

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