Remove Collection Effectiveness Index Remove Credit and Collections Remove Days Sales Outstanding
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How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

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.

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Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

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
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The Best Accounts Receivable Reporting Software Solutions of 2025

Gaviti

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).

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How Healthy Is Your Accounts Receivable?

Your Virtual Credit Manager

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
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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

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?

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Accounts Receivable Automation Best Practices

Gaviti

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.

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Say Goodbye to Manual Work: B2B Accounts Receivable Automation

Grit

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.