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Days sales outstanding: effectively managing DSO improves cash flow

TreviPay

An important player in effective cash flow management is days sales outstanding (DSO). DSO is the average number of days a company takes to collect a customer’s payment for a sale. Part of the cash conversion cycle, DSO is also sometimes referred to as “days receivables” or “cash collection period.”.

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Four Tips to Reduce DSO and Increase Cash Flow

TreviPay

From implementing TreviPay ® (TreviPay) to providing multiple payment options, identifying ways to minimize DSO can eliminate many of the challenges that result from restricted cash flow. The result is not only more reliable working capital, but increased share of wallet and loyalty from buyers, which translates to increased cash flow.

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