Gaviti

NOVEMBER 24, 2024

Consider tracking A/R performance metrics that include best possible DSO , average days delinquent (ADD), collective effectiveness Index (CEI), and accounts receivable turnover ratio (ART). Offer a range of payment methods and, if available, a link to your customer payment portal from the invoice itself.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Gaviti

APRIL 11, 2024

Are you offering discounts for early payment? 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. What are the average days sales outstanding?

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

APRIL 22, 2025

Incentivize Early Payments: Offer discounts for early settlements to encourage promptness. Improve Customer Payment Experience: Objective: Implement user-friendly payment portals and offer multiple payment options to facilitate timely payments. A CEI close to 100% reflects optimal collection performance.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Average Days Delinquent 52