Remove 2024 Remove Credit Management Remove DSO
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A look back at 2024: 5 trends in credit management from the past year

Onguard

How has 2024 unfolded and what is expected for 2025? According to the latest Allianz data, 2024 is already going in the books as a record year for insolvencies , with Western Europe leading the rebound in the number of cases. The trends of today are shaping the trends of tomorrow. Did you know?

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Is It Too Late to Achieve Your End-of-Year DSO Goals?

Your Virtual Credit Manager

Chances are, there is a lot that needs to be done in terms of accounts receivable (AR) management between now and December 31st, especially if you are short of your Days Sales Outstanding (DSO) goals. Your Virtual Credit Manager is a reader-supported publication. That’s the bad news.

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Technology in credit management: 6 key learnings from 2024 

Onguard

Earlier in 2024, we surveyed 300+ CFOs and financial professionals in the Netherlands to study how they view current technology trends and their impact on the finance sector. 3 DSO on the rise in Europe A high Days Sales Outstanding (DSO) means that it takes longer for a company to collect money from its customers after making a sale.

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Four Goals Guaranteed to Improve Cash Flow

Your Virtual Credit Manager

If you are an executive at a small or mid-sized business, chances are you are in the process of putting together a budget for 2024, or have already done so. Maybe you have factored in an incremental improvement in DSO, but how much thought have you given to how you are going to meet that budgeted goal?

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FinTech Baropaper 2024: Financial health as a priority

Onguard

Download de fintech baropaper Getting an invoice paid still takes longer than thirty days As many as half of organisations (47%) currently have an average Days Sales Outstanding (DSO) of more than thirty days. In contrast, the percentage expecting DSO to increase in 2024 this year is much higher at 19 percent.

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Best 5 Autonomous Finance Tools for 2024

Gaviti

A/R solutions in particular streamline each aspect of accounts receivable, from collections to credit management, cash application and disputes and deductions. It has proven experience lowering DSO, reducing write-offs and lowering risk asset ratio (RAR). Credit Management and Monitoring.

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Gaviti’s Q1 2024 Product Release: The Future of A/R Management

Gaviti

In this product release, Gaviti proudly introduces a suite of new features and enhancements, all aimed at transforming how businesses manage their accounts receivable. This integration enables Gaviti users to seamlessly and easily obtain credit reports from CreditSafe, enhancing the credit allocation decision-making process and reducing risk.