Order to Cash

What Is Order-to-Cash (OTC or O2C)? Order-to-cash, commonly abbreviated as OTC or O2C, refers to all the steps involved in processing customer orders from the moment a customer places the order to when payment is received and applied to accounts receivable.

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What is Order to Cash Process Meaning | O2C Cycle
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What is Order to Cash Process Meaning | O2C Cycle

The order to Cash (O2C) process is a key component of the finance function. It involves receiving and fulfilling customer requests for goods or services.