Could you please elaborate on the best practices of customer facing O2C?
To my mind there are a couple of components for designing and operating best practice customer facing O2C processes. First, start with your customer in mind: what customer experience do you want to provide ? Research has shown that every interaction, every touch point between a company and its customers, influences brand perception, and we as consumers can relate to that if we think of our own interactions with companies that give us a particularly good, or particularly bad customer experience. Thus, the customer facing processes you design should match the brand image and perception you want to share.
It is understandable that companies make mistakes sometimes. So, having a good understanding of the interactions you absolutely cannot afford to get wrong, because the detrimental effect would be disastrous on loyalty, is important. We call these the ''Moments that Matter''. Focusing on these will help gauge where process improvement efforts and money should be spent – therefore building insights by surveying regularly your customers and creating feedback opportunities, is a key component of successful process design and improvement.
What are the best practices in order management?
There are many best practices to choose from, and choosing what to change for the biggest impact will very much depend on the environment you’re operating in. However, it’s safe to say that a combination of competent and empowered order management staff (and customer service as a whole, for that matter), trained for maximum responsiveness and encouraged to own, solve and continually improve issues, is an excellent start to deliver superior O2C service. Together with a clear customer promise, and a standard set of consistently measured internal service level agreements, and modern technology such as customer and self-service portals, mobile apps et cetera, this will drive responsiveness and ease of use for customers.
I would however highlight that cross-functional integration between O2C, supply chain and master data management is of paramount importance for a super-efficient order management process to run. In addition, overlooking fundamental issues such as stock info reliability can make order management improvement efforts wasted, if not unproductive.
What is the change management challenge associated with this, and how to address it ?
Firstly, know your environment, know your culture – no benchmark process, even lifted from the best performing companies out there, will be guaranteed to work at your company. Assess how much change the organisation is able to bear, how process oriented the culture is (or isn’t), and how far ahead your competitors are. This will certainly help achieve a significant shift in customer facing order to cash.
In my experience the biggest part of the challenge has been (and still is) to strike the right balance between prescribing process steps (standardization) and triggering the right behaviours in the teams, away from silo-thinking. Creating the change of climate that leads to empowered and continuous improvement is not quick and easy!
For the C-suite, the process function must be able to translate customer requirements into process solutions, in order to turn theory into practice. For operational GBS, Sales, customer service staff, processes must be operationalized and performance managed via simple, consensual indicators, to protect the “common goal” (easy, profitable transaction and happy customer).
Overall, I would argue that organisations, which encourage speaking out when failures happen, and act decisively to correct them, tend to navigate the change curve more successfully.
What would you like to achieve by attending the 15th Annual EMEA Customer Experience and Order to Cash conference?
I am always keen on meeting my peers in other sectors and companies, as experience shows the issues we face are usually quite similar irrespective of what products or services the company sells. Specifically this time, I am looking forward to hearing from others how they are leveraging processes to create excellent service perception, how much does process play a role in customer experience versus behaviors, the major steps within digitalisation and e-commerce, and experiences in creating and running customer feedback loops.