Accounts Receivable Starter Kit
The A/R Starter Kit is designed for Process Owners and Process Analysts to kick off their Celonis Journey in Account Receivables. The Validation Cockpit enables you to validate the data ingested into Celonis, understand how core process KPIs are calculated, and adjust them to fit your business requirements. All KPI definitions, adjustments, improvements and general process knowledge reside in the Central knowledge model which will act as a knowledge base for any additional A/R apps.
The centerpiece of the Starter Kit is the Process Cockpit - it brings you insights on the most impactful Accounts Receivable use cases with a focus on Collections. You can use it to surface inefficiencies which have an impact on your working capital, revenue and labor productivity. Analyze key A/R Metrics, such as Days Sales Outstanding, On-time Payments, Payment Terms Mismatches, Touchless Collections and Cash Discount Utilization to identify process inefficiencies and customer behavior falling short of expectations.