Gaviti

FEBRUARY 4, 2025

In 2025, successful businesses will: Analyze payment trends to refine credit terms and collection strategies. Monitor key performance indicators ( KPIs ) like Days Sales Outstanding (DSO) and collection effectiveness to track progress. Connect to multiple backs adn offer payments in multiple currencies.

Average Days Delinquent 59

Average Days Delinquent Credit and Collections AR Metrics DSO 59

Gaviti

NOVEMBER 24, 2024

Although different A/R solutions deliver different metrics, cash balance and days sale outstanding only scratch the surface of measuring performance. Additional metrics to consider include the number of outstanding receivables, accounts receivable aging, customer churn rate, and the percentage of late payments.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Gaviti

APRIL 11, 2024

What are the average days sales outstanding? 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.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Emagia

FEBRUARY 20, 2025

Automating these processes not only enhances accuracy but also ensures timely collections, thereby improving cash flow and reducing the days sales outstanding (DSO). By utilizing real-time data and analytics, companies can make informed decisions about extending credit, thereby minimizing the risk of bad debts.

AR Automation 40

AR Automation Credit and Collections Cash Applicator DSO 40

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. This can be especially helpful in maximizing cash inflows and minimizing bad debt.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

APRIL 22, 2025

Specific: Clearly define the objective, such as reducing the average days sales outstanding (DSO) by a certain percentage. By meticulously examining outstanding receivables, companies can set strategic accounts receivable (A/R) goals that enhance financial stability and operational efficiency.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Average Days Delinquent 52