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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. The good news is that given 20 days, you can still have an impact and improve your DSO and other AR metrics, but there is no time to waste.

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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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Unlock Insights to Transform Accounts Receivable Processes

TreviPay

The IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 is your guide to navigating the rapidly evolving A/R landscape. Download the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 and discover why we were named a Major Player.

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The Best B2B Dispute Management Tools of 2024

Gaviti

Its reporting capabilities not only record data related to A/R team and individual performance such as DSO, collection rate and customer risk but also actionable data in real time to identify patterns, address recurring issues, and implement process improvements over time. A/R Analytics. Customer Self-Service Portal. Get a demo today!

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European companies should expect higher DSO in 2024

Onguard

The findings are confirmed in a recent study by Allianz, unveiling an increase in global DSO by +3 days in 2023. A high Days Sales Outstanding (DSO) means that it takes longer for a company to collect money from its customers after making a sale. Read also: CEO and CFO, do you know your DSO?

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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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