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That’s why we are excited to announce the addition of several new metrics to the collections dashboard. In this post we will go in depth into all the additions to our A/R collections dashboard BPDSO (Best Possible Days Sales Outstanding) First up is the BPDSO (Best Possible Days Sales Outstanding) metric.
In this blog, you’ll learn about the most important cash flow metrics and cash application KPIs for CFO performance and their relationship to your overall financial planning. AverageDaysDelinquent (ADD) ADD is an essential cash flow metric. If you need help with this, check out how to calculate DSO.
With this update, we’ve added new insights, enhanced the AR team screen, added partial payment functionality, and introduced a host of new metrics to the dashboard. We believe this new feature will help users easily manage their customers and invoices based on custom tags. We hope you find it useful in your collections efforts.
Advanced accounts receivables solutions offer autonomous invoice-to-cash platforms that include artificial intelligence (AI) capabilities as sanity checks for current decisions while at the same time offer suggestions to proactively optimize results. Speak to a specialist today!
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