Remove Bad Debt Remove Collection Effectiveness Index Remove Payment Portals
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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

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?

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How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

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.