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Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

Your Virtual Credit Manager

Accelerating sales can increase DSO, but most often the cause is problems in the order-to-cash (O2C) pipeline affecting collections. Photo by Jonathan Wheeler on Unsplash ) The Consequences of Poor AR Performance First and foremost, poor AR performance impacts your cash flow, which causes financial strain and operational challenges.

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Credit Cards – Reducing the Cost of Acceptance – You hold the keys to success

Credit Research Foundation

In essence, the customer has payment options that, coupled with today’s digital platforms, provide a seamless opportunity in the order-to-cash process. In many cases the customers will choose the option that provides them with the greatest value, and when offered, gives the supplier a competitive advantage against its competition.

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Misalignment Between Credit and Sales Spells Trouble

Your Virtual Credit Manager

In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular. The experts at Your Virtual Credit Manager can help you bring in the cash. Are there past due accounts you are trying to collect?

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How CFOs can Tie Digital Order-to-Cash Initiatives to Enterprise-wide Strategy

Emagia

Capturing and analyzing internal and external data and presenting them in the most intelligent and actionable format, and as well intelligently acting on them need a seamlessly integrated digital application that leverages emerging technologies. topline, bottom line, and cash flow.

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11 Signs Your AR Portfolio May Be at Risk

Your Virtual Credit Manager

In order to maintain optimal cash flow, your accounts receivable (AR) portfolio needs to remain in good shape. That can be a constant battle because all the mis-steps made during the order-to-cash (O2C) process will accumulate in your AR, and given time, clog it up.

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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. During 1995, DSO was reduced by an additional 10 percent, and bad-debt write-offs cut in half. This included a 100 percent increase in past due collected.

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Struggling to get paid? Try our live online training

Credit Management Group UK

Enquire Now Order to Cash Process £99 per person Running W/c 27th March W/c 26th June W/c 25th September Start time will be 10am To upskill delegates on the commercial aspects of running a business and the ‘Order to Cash’ process to improve their cash flow and reduce risk of bad debt.