Remove Blog Remove Credit Management Remove DSO
article thumbnail

Technology in credit management: 6 key learnings from 2024 

Onguard

2 Three main challenges to technology in credit management Although new technologies -such as AI, RPA and blockchain- are on the rise within the finance department, implementation does not always go smoothly: 28% of finance professionals state that their team lacks the skills and/or knowledge to implement the technology.

article thumbnail

SAP S4HANA (1909) TM Parcel Shipment

SAP Credit Management

Introduction – In this blog post, you will learn how SAP TM enables you to commission a carrier to transport parcels from a shipping point to several consignees. The user should also define the DSO strategy and rules which control how the DSO option is determined apart from the above setting.

DSO 182
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From risk to opportunity: the transformation of credit management in a changing economy

Onguard

This makes for a challenging time for credit management staff. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management. A healthy DSO In a good approach to credit management, having a healthy DSO is crucial.

article thumbnail

Data-driven credit management software for customer segmentation

Onguard

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. We explain that in the blog below. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey.

article thumbnail

Sustainable credit management: working together for the future

Onguard

Credit management, a term often associated with the finance department, turns out to be a dynamic process involving several departments within an organisation. Let’s face it, manual credit checks and invoice processing can be time-consuming and error-prone. Think sales, marketing, customer success and IT.

article thumbnail

From risk to opportunity: the transformation of credit management in a changing economy

Onguard

This makes for a challenging time for credit management staff. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management. A healthy DSO In a good approach to credit management, having a healthy DSO is crucial.

article thumbnail

CEO and CFO, do you know your DSO?

Onguard

CFOs and CEOs, are you familiar with DSO? While many businesses focus on improving their DPO (supplier side) and DOI (inventory holding) metrics to enhance their cash flow, the real impact can be found by examining your customer base and their payment habits, which is reflected in the DSO metric. How do you calculate DSO?

DSO 40