Emagia

FEBRUARY 5, 2023

Cash Application This process in AR management, if done manually, can consume a lot of time of AR team and make collection follow up difficult, and create a not-so-happy experience for both the team and customers. Automated AR software can bring in efficiency and speed to invoicing, collection, payment matching and cash application.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Gaviti

APRIL 24, 2024

It also puts a standardized process in place for dealing with bad debt, including documentation in the event that legal action needs to be pursued or the business wants to claim it in taxes. This can be especially helpful in maximizing recovery and minimizing bad debt. Task management and workflow automation.

DSO 52

DSO Credit and Collections Bad Debt Days Sales Outstanding 52

Gaviti

APRIL 11, 2024

What are the average days sales outstanding? How much cash is the company gaining or losing? How much bad debt does the company have, and how has this changed over time? Consider these additional KPIs: Bad debt ratio: This measures the monetary value of receivables you believe you cannot collect.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

JULY 11, 2024

By centralizing data in one place, you’ll allow for A/R and finance teams as well as marketing, sales and procurement to see metrics such as days sales outstanding (DSO), unique KPIs and customer risk assessments. Cash application. Gaining better visibility into the A/R process.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

OCTOBER 30, 2023

When traditional credit management and cash application is automated, it reduces the need for staff and makes the credit management and customer payment process more efficient. The ability to aggregate data from multiple sources helps your business see important customer trends and Days Sales Outstanding (DSO) in real time.

Days Sales Outstanding 75

Days Sales Outstanding Invoice Collections Credit and Collections DSO 75

Gaviti

FEBRUARY 6, 2023

Cash application support, helping guarantee that any payments made are applied correctly to their corresponding invoices. As a top area of focus, consider metrics like your days sales outstanding (DSO) rates and how small changes to processes can improve the accounts receivable cycle.

AR Automation 52

AR Automation DSO Accounts Receivable (AR) Days Sales Outstanding 52