ORDER TO CASH (OTC) Definition

ORDER-TO-CASH (OTC) is the process where everything that leads from the order, packaging, delivery to having the actual money in the bank is included.

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LETTER OF INTENT (LOI) is a document that describes the preliminary understanding between parties who intend to make a contract or join together in another action.

ITEMIZED STATEMENT is a record or transmittal that details product or services rendered and the costs incurred and payments received.

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