Billtrust
Hackett Digital World Class Matrix for C2C Receivables
Pages
16
Time to read
18 mins
Publication
Language
English
Pages
16
Time to read
18 mins
Publication
Language
English
This technical report presents the Hackett Digital World Class Matrix, focusing on customer-to-cash (C2C) receivables creation from a software provider perspective. It outlines how the matrix evaluates providers' capabilities and the value organizations can expect from software or services. The report emphasizes the importance of value realization in vendor assessments, highlighting that it is a key reason for executives to invest in new software or service providers. The matrix utilizes performance metrics and best practice intelligence from extensive benchmarks to guide investment decisions. Additionally, it discusses the evolving C2C software market, detailing the benefits such as cash flow acceleration, improved working capital, and enhanced customer experience. The report also identifies key considerations for selecting software partners, including integration capabilities, user-friendly interfaces, and post-implementation support. It concludes with insights on the future of software in the C2C process, emphasizing the role of automation and advanced analytics.