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

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

Gaviti

Get valuable DSO comparison data with – Insights. The Insights section provides valuable information on DSO (days sales outstanding) and allows users to compare their collections team’s performance to similar companies. Next, we’ve added the ADD (Average Days Delinquent) metric to the dashboard.

DSO 52
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. If you need help with this, check out how to calculate DSO.

article thumbnail

New A/R Collections KPI Dashboard Features January 2023

Gaviti

ADD (Average Days Delinquent) Next, we have the ADD (Average Days Delinquent) metric. This KPI measures the number of days that a payment is overdue, calculated by subtracting the BPDSO (Best Possible Days Sales Outstanding) from the DSO (Days Sales Outstanding).

article thumbnail

How Dynamic Cash Flow Planning Can Be a Game Changer for CFOs

Gaviti

Discrepancies between cash flow and DSO. Days sales outstanding. Average days delinquent. Managers can use that information to address these and other pressing problems: Rising interest rates. Supply chain disruptions. Increased oversight from government agencies. Higher labor costs. Reduced consumer spending.

article thumbnail

How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

That means your accounts receivable team will want to do everything in its power to increase cash flow and reduce your DSO. Although different A/R solutions deliver different metrics, cash balance and days sale outstanding only scratch the surface of measuring performance.

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).