Definition of Revenue cycle:
A different perspective on the normal sales cycle in which calculations begin on the day the company meets the potential customers and follows the transactions throughout the sales period, continuing on with the future relationship between company and customer.
How to use Revenue cycle in a sentence?
- The revenue cycle dictated that we needed an overtime contribution from our accounting team to process and record the transactions.
- You should keep a close eye on the revenue cycle and see if there is anything you could change when it dips.
- My dad told me about the revenue cycle and how he applied it to our everyday workings as a company.
Meaning of Revenue cycle & Revenue cycle Definition