Remove 2024 Remove Days Sales Outstanding Remove DSO
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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. You can’t expect them to process payments the last ten days of December. That’s the bad news.

DSO 100
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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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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?

DSO 130
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European companies should expect higher DSO in 2024

Onguard

Research by Onguard earlier this year showed that almost half of organisations in the Netherlands have to wait more than 30 days for their invoices to be paid. The findings are confirmed in a recent study by Allianz, unveiling an increase in global DSO by +3 days in 2023. Read also: CEO and CFO, do you know your DSO?

DSO 40
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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. Another 12% of companies even have to wait more than 40 days on average for invoices to be paid.

DSO 52
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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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Best Outsource Debt Collection Services for 2024

Gaviti

Emerging Trends in Debt Collection Outsourcing for 2024 Since a debt collection outsourcing agency needs to work with customers who already have strained relations with a business, they must provide outstanding customer service. The post Best Outsource Debt Collection Services for 2024 appeared first on Gaviti.