Shifting Your Business Towards Revenue Cycle Management - Wipro

Harry1203 Jan, 2022Technology

This can have serious ramifications. Consider the whole business cycle: A prospect turns into an opportunity the moment a sale has been closed, products or services have been delivered, payment for these products or services has been received, and revenue is recognized. Now add additional revenue streams to the mix, namely channel/distributor sales, investment returns, newly acquired business divisions, and all of the data flowing into various data warehouses for consolidation. The ability to capture all revenue cycles from different systems, books, and sheets is a very heavy lift.