Remove Bad Debt Remove Collection Effectiveness Index Remove Order to Cash
article thumbnail

Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

There are a myriad of issues that can affect collections. That’s why it is important to recognize when your collection practices need adjustment, how to diagnose the problem, and then implement solutions that address the problems you have identified. Then multiply the answer by 100 to get a percentage.

DSO 130
article thumbnail

How Healthy Is Your Accounts Receivable?

Your Virtual Credit Manager

That certainly holds true for business processes, including the management of your Accounts Receivable (AR) and the part it plays in the order-to-cash process. If your AR is deteriorating, you better diagnose the problem as quickly as possible so you don’t incur cash flow problems and bad debt losses.

DSO 130