The Order To Payment Cycle, Marketing The order to payment cycle is not the information of an external source but it is a source of internal information which carries the information of the orders supplies from the data gathering to data the recording information. This system exists for the internal purpose of the organization. The purchase orders, the payment details and the order of supplies completes this cycle. The part of orders which are placed by the customers from formal or written e-mails, official mail, official messages, official letters through the help of official handwritten order placed and many more which describes the customers has placed an order so the company do ask him with all the queries, the customer’s needs and demand, the various order techniques, the customer’s full contact number with all the information, the necessary details with full address for dispatch the delivery of the product he has placed an order, the necessary information’s about the item number, product name, product requirements and so on which will help the seller to purchase him an order. Then he will ask for the part of payment for completion of the process and for deliver him the product. Posted by Andrew | Posted Date: 7/6/2011 12:34:15 AM

For example: if a person wants to have a Dominos Pizza at his home by 10 tonight and he will place the order at 9:30 so what do you think? Does dominos pizza don’t have the system of recording internal information about the customer? Does this service don’t ask personal information like contact name, concern person’s mobile phone number, valid e-mail address if acquired, valid address for dispatch the delivery of pizza ordered from the dominos pizza delivery but it has fast process and it also do the recording of the data for internal purpose for the purpose based on future terms or for being sure about the delivery whether the delivery boy has reached your house or office or any concern area / address you mentioned over phone so for any miscommunication they can contact you and obviously they will ask you also about the payment at the end because nothing comes your turn for free, means nothing comes your way / your home for free. You’ll be ask to pay the price and they will give you certain options like online payment, visa payment, credit card or cash payment so if you choose cash payment if you at home ordering pizza then there is one question in your mind at this point of time which describes about your interest of corporate discount so you’ll ask for it and grab the opportunity and enjoy the pizza at your home but this process will not take your half an hour or more. Thus for conclusion I must say that this pizza will gather all the information and record all the necessary details supply the food after receiving the payment or after confirmation of the payment. This important information prepares by the back end office who deals with this activities. Sales representative, dealers, customers, receptionist are the person who played the role of sending orders to the firm. They prepares invoices as per the requirement, prepare a copy of that invoice and then they send it to the firm for further process and for further activities. These steps are performed very precisely in a very accurate manner and also these orders are prepare very quickly. They need to assure and confirm about the final delivery which will be on time as per required. Commitment and assurance from the side of the company matters a lot for the customer’s point of view for future expectations and further requirements. The billing depends on following parameters like firstly the purchase order created by the company with the help of sales representative or any concern person in the company then order gets generated and supplies of the product made available to the customer and next step which comes is bill payment where the company generates the receipt of the payment. For example: if we say about Airtel Post paid mobile connection, these same steps followed by the company where the company provides the connection on the basis of above details in this first we use the mobile connection and then there is a requirement of a bill generation at the end of the month which describes the fact of bill submission in which the company tells about the payment amount for the whole month either by e-mail, either by message or with the help of e-bill or they take the help of courier the payment receipt which the customer(who is an Airtel user) will pay the bill through various steps or through various techniques either by the help of online payment through credit cards, visa, debit card or they can pay the amount by the help of local retail outlet or any dealer of Airtel service provider or else they can pay through their mobile. So there are various measures and steps which one takes for the payment. Posted by Andrew | Posted Date: 7/6/2011 12:34:32 AM

Post Reply

(*)