Remove Accounts Receivable (AR) Remove Days Sales Outstanding Remove Order to Cash
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Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

Your Virtual Credit Manager

How was your accounts receivable (AR) performance last year? This is a very important question because AR is typically one of the top two or three largest assets for a B2B vendor. The primary way most companies measure AR performance involves looking at the Days Sales Outstanding (DSO) metric.

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Top 9 Benefits of Accounts Receivable (AR) Automation

Emagia

In today’s rapidly evolving financial landscape, businesses are continually seeking ways to enhance efficiency, reduce operational costs, and improve cash flow. Accounts Receivable (AR) automation has emerged as a pivotal solution, transforming traditional AR processes through technological advancements.

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Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

Photo by Alex Radelich on Unsplash When small businesses add customers and increase sales, their company’s Accounts Receivable (AR) will grow. The sales team learned very quickly that eliminating the friction from the billing and payment processes facilitated earlier customer payments, hence larger commissions.

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Misalignment Between Credit and Sales Spells Trouble

Your Virtual Credit Manager

In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular. Are there past due accounts you are trying to collect? The experts at Your Virtual Credit Manager can help you bring in the cash.

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How Healthy Is Your Accounts Receivable?

Your Virtual Credit Manager

That certainly holds true for business processes, including the management of your Accounts Receivable (AR) and the part it plays in the order-to-cash process. If your AR is deteriorating, you better diagnose the problem as quickly as possible so you don’t incur cash flow problems and bad debt losses.

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Can Accounts Receivable Be Automated?

Emagia

In today’s rapidly evolving financial landscape, businesses are continually seeking ways to enhance efficiency and optimize cash flow. One critical area ripe for innovation is accounts receivable (AR) management. The question, “Can accounts receivable be automated?”

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11 Signs Your AR Portfolio May Be at Risk

Your Virtual Credit Manager

In order to maintain optimal cash flow, your accounts receivable (AR) portfolio needs to remain in good shape. That can be a constant battle because all the mis-steps made during the order-to-cash (O2C) process will accumulate in your AR, and given time, clog it up.

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