Your Virtual Credit Manager

NOVEMBER 19, 2024

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.

DSO 100

DSO AR Metrics Credit and Collections Accounts Receivable (AR) 100

Your Virtual Credit Manager

MAY 14, 2024

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 is a measure of AR turnover.

AR Metrics 130

AR Metrics DSO Credit and Collections Accounts Receivable (AR) 130

Gaviti

FEBRUARY 4, 2025

Monitor key performance indicators ( KPIs ) like Days Sales Outstanding (DSO) and collection effectiveness to track progress. Reassess what data you are using to measure success. Many traditional KPIs, like DSO, are not always a good indicator of collection success.

Average Days Delinquent 59

Average Days Delinquent Credit and Collections AR Metrics DSO 59

Emagia

FEBRUARY 20, 2025

Better Reporting and Analytics : Automation solutions provide real-time insights into AR metrics, aiding in informed decision-making. With a comprehensive suite of tools powered by artificial intelligence (AI), Emagia simplifies the entire AR cycle, from invoicing to cash application, collections, and reporting.

AR Automation 40

AR Automation AR Metrics Accounts Receivable (AR) Days Sales Outstanding 40

Your Virtual Credit Manager

FEBRUARY 20, 2024

(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. Where do you need to improve?

DSO 130

DSO Days Sales Outstanding Credit and Collections Accounts Receivable (AR) 130

Emagia

FEBRUARY 21, 2025

Reporting and Analytics Automation Automated reporting tools provide real-time insights into AR metrics, enabling businesses to monitor performance, identify trends, and make informed decisions. Assess Current AR Processes Evaluate existing AR workflows to identify inefficiencies and areas that would benefit most from automation.

AR Automation 40

AR Automation Days Sales Outstanding DSO AR Metrics 40

Emagia

JANUARY 27, 2025

Automated follow-ups via email or text messages can help reduce the time spent on collections and ensure that payments are received in a timely manner. These insights enable businesses to identify bottlenecks and improve their AR strategies. Automating routine tasks will save time and reduce administrative burdens.

DSO 40

DSO AR Metrics Accounts Receivable (AR) Days Sales Outstanding 40