Evidence It's Time to Adjust Your Collection Practices
Your Virtual Credit Manager
AUGUST 29, 2023
30, 60, 90+ days past due), it suggests that your collection efforts might not be keeping up with customer payment schedules. When both sales and DSO are rising, checking your percentages past due will provide a good indicator that collections are lagging. Along they way, they will clog up the rest of your collection efforts.
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