Remove Average Days Delinquent Remove Days Sales Outstanding Remove Payment Portals
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Top Accounts Receivable Strategies for 2025

Gaviti

Monitor key performance indicators ( KPIs ) like Days Sales Outstanding (DSO) and collection effectiveness to track progress. Many companies use ADD (Average Days Delinquent) or look at the ratio of open invoices to overdue invoices. Connect to multiple backs adn offer payments in multiple currencies.

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How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

Although different A/R solutions deliver different metrics, cash balance and days sale outstanding only scratch the surface of measuring performance. Additional metrics to consider include the number of outstanding receivables, accounts receivable aging, customer churn rate, and the percentage of late payments.

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What to Look For When Purchasing an Accounts Receivable Software

Gaviti

Payment portals and gateways in particular should comply with relevant geographic and industry regulations as they process sensitive consumer data that needs to be protected. Self-Service Payment Portal. Match 95% of payments with both remittance automation and AI-powered remittance auto-matching. Cash Application.

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Top 8 SMART Goals and Cutting-Edge Technologies to Transform Accounts Receivable

Gaviti

Specific: Clearly define the objective, such as reducing the average days sales outstanding (DSO) by a certain percentage. By meticulously examining outstanding receivables, companies can set strategic accounts receivable (A/R) goals that enhance financial stability and operational efficiency.