article thumbnail

What is average days delinquent (ADD) | Chaser

Chaser

Metrics such as days sales outstanding (DSO) , and average days delinquent (ADD) can help them know their current position and areas they need to improve on. Assessing how credit departments receive late payments can help them determine the efficiency of their collection methods.

article thumbnail

New A/R Collections KPI Dashboard Features January 2023

Gaviti

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. ADD (Average Days Delinquent) Next, we have the ADD (Average Days Delinquent) metric.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Cash Flow Performance KPIs Every CFO Needs to Track

Gaviti

Average Days Delinquent (ADD) ADD is an essential cash flow metric. It offers data on the effectiveness of your collection efforts by measuring the average number of days it takes to collect overdue payments. A high ADD score for a particular client may simply mean financial issues on their end.

article thumbnail

What to Look For When Purchasing an Accounts Receivable Software

Gaviti

Testing your accounts receivable automation software using established KPIs will make it easier for you to make an objective decision.

article thumbnail

5 Strategies for Cash Flow Optimization in the Transportation and Logistics Industry

Gaviti

With Gaviti’s A/R invoice-to-cash management solution , customers have successfully reduced their average days delinquent (ADD) by 34%, decreasing their late receivables by 9% year over year (YoY). It can also advise you of at which point in the customer lifecycle you should put these credit limits in place.

article thumbnail

5 Strategies for Cash Flow Optimization in the Transportation and Logistics Industry

Gaviti

With Gaviti’s A/R invoice-to-cash management solution , customers have successfully reduced their average days delinquent (ADD) by 34%, decreasing their late receivables by 9% year over year (YoY). It can also advise you of at which point in the customer lifecycle you should put these credit limits in place.

article thumbnail

Gaviti New Features – DSO benchmark, A/R Teams, Partial Payments, Tagging and more.

Gaviti

The Insights section provides valuable information on DSO (days sales outstanding) and allows users to compare their collections team’s performance to similar companies. First, we’ve added the BPDSO (Best Possible Days Sales Outstanding) metric to the dashboard. Let’s start with: Insights!

DSO 52