Video - 5 Questions to Test your O2C Knowledge!

5 O2C questions that stump even experts! Are you ready for the challenge? 1 Explain the concept of 'Revenue Leakage' in O2C. It's unintended loss of revenue due to errors in pricing, billing, or collections. 2 What's 'Order Fallout' and how to minimize it? Orders that can't be processed automatically. Reduce by standardizing data, improving master data, and enhancing system integration. 3 How does 'Dunning' fit into O2C? It's the process of communicating with customers to collect overdue payments. Critical for reducing DSO. 4 Explain 'Order-to-Bill' vs 'Order-to-Cash'. O2B ends at invoicing, while O2C includes payment collection. O2B is a subset of O2C. 5 What's 'Revenue Recognition' in O2C? The process of recording revenue when earned, not necessarily when cash is received. Crucial for compliance and financial reporting. Want more in-depth Oracle ERP knowledge? Hit subscribe and the notification bell to join The Oracle Guy, helping you master O2C!