Enroll Course: https://www.udemy.com/course/studyfna_o2c_foundations/
In the world of business, understanding the flow of money and goods is crucial. For many, the “Order to Cash” (OTC) or “Order to Order” (O2C) process might sound complex, but it’s the backbone of any successful sales and revenue cycle. If you’re looking to grasp this fundamental business process, especially if you’re new to finance or accounting, I’ve recently completed a fantastic Udemy course that breaks it all down: “Order to Cash (OTC / O2C) Introduction Course for Beginners”.
This course is an absolute gem for anyone starting out. It requires no prior knowledge, which is a huge plus. The instructors meticulously explain every concept, term, and document from the ground up. Whether you’re a seasoned finance professional looking to specialize in OTC, or completely new to the field and seeking a career change, this course provides a solid foundation.
The curriculum is thoughtfully structured. It begins with an introduction to Enterprise Resource Planning (ERP) systems and positions OTC within the broader landscape of major finance processes like Procure to Pay (PTP), Record to Report (RTR), and Financial Planning & Analysis (FP&A). The course clearly delineates the OTC process and even offers insightful comparisons with PTP and Accounts Receivable, helping to solidify understanding.
A significant portion of the course is dedicated to a comprehensive glossary of key stakeholders and the essential documents involved in the OTC cycle. This is invaluable for practical application. The course then dives deep into the actual OTC cycle, mapping out the journey from order placement to cash collection.
What truly sets this course apart, especially for those aiming for career growth, is the final unit. It touches upon specific SAP transaction codes (T-codes), posting keys, document types, and billing types – highly relevant for those working with ERP systems. Furthermore, it covers important OTC process metrics and even provides sample interview questions, giving you a tangible edge in job applications.
Overall, this “Order to Cash (OTC / O2C) Introduction Course for Beginners” on Udemy is highly recommended. It’s clear, concise, and covers all the essential elements needed to understand and begin a career in the Order to Cash domain. If you’re looking to build a strong understanding of revenue cycles and enhance your financial acumen, this course is an excellent investment.
Enroll Course: https://www.udemy.com/course/studyfna_o2c_foundations/