Gaviti

NOVEMBER 24, 2024

The sooner your business collects on its invoices, the lower your financial risks and the better your financial position. One of the fastest ways to do this is via collections process automation to streamline the A/R process, eliminate manual tasks, and ensure timely follow-up with customers.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Your Virtual Credit Manager

AUGUST 29, 2023

Effective collections are crucial to maintaining a healthy cash flow and the financial stability of your company. If your business is struggling with cash flow or AR balances are growing, it could be a sign that your collections policy requires updating. There are a myriad of issues that can affect collections.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

Gaviti

DECEMBER 18, 2024

Different types of reports include an accounts receivable aging report, customer balance reports, collections performance reports, and cash flow forecasting reports. Track A/R performance metrics and KPIs such as collection rates, total A/R, DSO, customer risk, collective effectiveness index (CEI) and accounts receivable turnover ratio (ART).

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Your Virtual Credit Manager

FEBRUARY 21, 2023

Subscribe now Days Sales Outstanding (DSO) From a credit perspective, DSO isn’t our favorite metric, but it is a standard used by accounting and finance professionals to reflect receivables turnover. The higher the percentage, the more effective your collection efforts.

DSO 130

DSO Credit and Collections Collection Effectiveness Index Bad Debt 130

Gaviti

APRIL 11, 2024

Are you offering enough or too much credit to customers? Are you able to collect invoices on all of the revenue your business generates? What are the average days sales outstanding? Are we offering the right amount of credit to customers based on their creditworthiness? Are there invoice processing delays?

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

JANUARY 5, 2025

How do you currently manage the invoicing and payment collection process? For example, they may wait until the end of the year to address outstanding receivables, consuming more time and resources than it would if the collections were managed consistently throughout the year, as close to the invoice date as possible.

Average Days Delinquent 98

Average Days Delinquent DSO Credit and Collections Collection Effectiveness Index 98

Grit

MAY 26, 2024

Overview of B2B Accounts Receivable Automation B2B accounts receivable automation involves using software and technology to manage invoicing, payment collection, and financial reporting. Faster Payment Cycles Automated accounts receivable systems streamline the invoicing and payment collection processes, resulting in faster payment cycles.

Collection Effectiveness Index 90

Collection Effectiveness Index Days Sales Outstanding Credit and Collections Bad Debt 90