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Showing posts from May 9, 2013

Booking to cash process

  Booking to cash process This process begins when the system gets a request from a consumer. Customers can place orders online directly on your website or by email from your sales staff. Either way, automating your order management can help you move orders quickly from order entry to cash receipt. Order fulfillment and delivery follow next in the cycle (Ahmed et al ., 2017). This stage of the cycle mostly pertains to firms that deal with physical items, where inventory staff should be informed with the correct information of the order to proceed with fulfillment and delivery. When it comes to digital services or Software as a Service (SaaS), this might entail allowing access to the ordered product or service. In this case, study how the booking to cash process is occurring in the photography company Fotof Fotof's booking to cash or Order to cash provides services in the areas of family photography, personal event photography (such as weddings and parties), and commercial pho

78,000 to live on Mars: Mars One Colony Filling Fast As People Apply to leave earth forever

78,000 to live on Mars with over thousands of people applied to leave earth forever as they want to live on the mars forever. When Mars One announced that they were opening up applications for permanent residency in their proposed permanent colony, they expected to generate some interest. After all, they’re shooting for a half million applicants. What they did not expect, according to Mars One co-founder and CEO Bas Lansdorp, was a rush of over 78,000 applications in just two weeks. Lansdorp told Business Insider that his organization had expected “a slow start,” that would eventually build toward their 500,000 applicant goal by the August 31st deadline. Instead they got nearly a sixth of their goal in a fraction of the expected time. According to Lansdorp, many applicants say that they have been following the project since before the application process began. According to information released by Mars One on Tuesday, applicants come from more than 120 countries, and have a variety of