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Top cash flow forecasting mistakes

Abrigo

The error is to simply grow A/R and A/P with sales. Set a Days Sales Outstanding level, then stick to it. Read his Blog. Blog Accountant Business Owner CFO Valuation' That is what most outside analysts do; however, they do not have control over the policies. The business or CFO does.

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A look back at 2024: 5 trends in credit management from the past year

Onguard

As this year has come to an end, we gathered a list of the top trends in credit management through the past year: Trends in credit management #1: Increasing DSO in European companies A high Days Sales Outstanding (DSO) means that it takes longer for a company to collect money from its customers after making a sale, significantly affecting its cash (..)

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Business and Digital Trends in the Chemical Industry: Finance

SAP Credit Management

INTRODUCTION In this blog, we discuss the challenges that current external disruptions are creating for the chemical and life science industry more than for many other industries. This is particularly true in relation to DIO, as companies have often struggled to improve and to achieve the necessary results with regard to this parameter.

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7 Ways to Speed Up and Automate Accounts Receivable Communications

Lockstep

In this blog post, we will discuss seven ways that you can use automated communications to improve your AR process. . By leveraging data analytics, you can make changes to your process that will improve collections and reduce DSO (days sales outstanding). Use email automation to send invoices and payment reminders.

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The Case for Shared Accounting Inboxes

Lockstep

In this blog post, we will discuss the benefits of using shared accounting inboxes and how they can help your business grow. Confusion leads to slower processes and in turn, your days sales outstanding skyrockets. Why a Shared Inbox?

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What is Order to Cash Automation Software?

Emagia

In this blog, we will dive deep into what O2C automation is, how it works, its benefits, the challenges of implementation, and how companies like Emagia are revolutionizing this space. In todays fast-paced digital world, businesses are turning to technology to automate this crucial process. FAQs What is the Order to Cash process?

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What is Dispute: Key Challenges and How Emagia Can Assist

Emagia

In this blog, we will explore the common challenges associated with disputes in accounts receivable and how Emagia , a leader in accounts receivable automation , can help streamline and resolve these issues. Impact: Increased Days Sales Outstanding (DSO). The longer a dispute is unresolved, the more it impacts cash flow.

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