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

Your Virtual Credit Manager

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. Your customers are dealing with the year end rush as well, so finding common ground is the best place to start your discussions and build momentum for next year. That’s the bad news.

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“Must Have” Metrics for Receivables Management

Your Virtual Credit Manager

Unfortunately, this is seldom the case, and by itself the AR Ledger provides very little in context for determining how your receivables are trending. As such, the AR metrics you track should be arrayed in a brief, easy to review reporting format. it just might help them collect faster and pay you sooner.

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How to Use GiaDocs AI for NetSuite to Accelerate AR Inbox

Emagia

Analytics and Reporting Leverage advanced analytics capabilities to gain insights into AR performance, aging receivables, and customer payment patterns. Generate customizable reports and dashboards to monitor key AR metrics and track progress towards collection targets.

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Is Your AR Performance Measuring Up?

Your Virtual Credit Manager

By introducing BPDSO or WAT and WADTC to your AR metrics toolbox, you will be better equipped to analyze AR and collections performance. These measures should be tracked monthly and charted against each other along with monthly revenue, month-end AR balance and of course DSO. Learn More About Consulting The Takeaway.

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Moving Beyond DSO

Your Virtual Credit Manager

(Photo by Carlos Muza on Unsplash ) A Framework for Choosing Suitable AR Metrics Businesses should carefully assess their specific needs, objectives, and operating context when selecting metrics for accounts receivable (AR) performance measurement.

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Improving Your Dunning Strategy and Recovery Rate

Gaviti

Monitoring AR metrics like days sales outstanding ( DSO ) is one of the best places to start. Without the right data at hand, CFOs and finance leaders are missing out on a gold mine of opportunity.