Your Virtual Credit Manager

JULY 25, 2023

Here are the KPIs you will need at a minimum: Days Sales Outstanding (DSO) - This metric tells you how fast you are converting your sales into cash. It is best understood in relation to Best Possible DSO (BPDSO) which is essentially what your DSO would be if every customer paid on time. Final Thoughts.

Best Possible DSO (BPDSO) 130

Best Possible DSO (BPDSO) DSO Cash Forecasting Credit and Collections 130

Gaviti

JULY 18, 2024

Short-term forecasting predicts the company’s cash flow for under 12 months, while long-term forecasting looks beyond twelve months. What is Short-Term Cash Forecasting? Short-term forecasting looks at the cash inflows and outflows over a shorter period. What Is Long-Term Cash Forecasting?

Cash Forecasting 95

Cash Forecasting Credit and Collections DSO Deductions 95

Emagia

JANUARY 27, 2025

Reporting and Analytics Real-time reporting and analytics allow businesses to track AR performance metrics like Days Sales Outstanding (DSO), outstanding invoices, and overall collection efficiency. Track Key Metrics Monitor key AR metrics such as DSO, the percentage of overdue invoices, and payment trends.

DSO 40

DSO AR Metrics Accounts Receivable (AR) Days Sales Outstanding 40

Gaviti

JANUARY 10, 2023

Discrepancies between cash flow and DSO. What Are the Benefits of Dynamic Cash Flow Forecasting? By adopting a dynamic approach to cash flow management, CFOs can better optimize their financial operations for maximum profitability. How Can CFOs Improve Their Dynamic Cash Flow Management Results?

Average Days Delinquent 98

Average Days Delinquent Collection Effectiveness Index Days Sales Outstanding Cash Forecasting 98

Gaviti

NOVEMBER 7, 2022

At the same time, the worth of shaving even one day off your DSO increases. For example, it sends out invoices, automates conversations, calculates KPIs, and can conduct cash forecasting for different scenarios. Want to know what your DSO is? It shows that on a centralized dashboard too.

DSO 52

DSO Credit and Collections Dashboards Cash Forecasting 52

Gaviti

NOVEMBER 29, 2022

A low DSO means customers are paying their invoices quickly, and a high DSO indicates that customers take a longer time to pay their invoices. A high charge-off rate indicates that the collections team has not effectively converted invoices into cash payments, which makes low charge-off rates ideal. Cash Forecast Accuracy.

Dashboards 52

Dashboards Average Days Delinquent Credit and Collections Cash Forecasting 52

Gaviti

MARCH 6, 2023

Here are some critical features of cash application automation software: Automated payment reconciliation compares invoices to payments and reconciles discrepancies. Automated cash forecasting enables businesses to plan way in advance and make improved financial decisions.

Cash Applicator 52

Cash Applicator Order to Cash Cash Forecasting Bad Debt 52