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Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
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Track A/R performance metrics and KPIs such as collection rates, total A/R, DSO, customer risk, collectiveeffectivenessindex (CEI) and accounts receivable turnover ratio (ART). For example, it analyzes creditapplications, pinpoint missing or potentially incorrect data, and suggest more suitable credit limits.
Consider tracking A/R performance metrics that include best possible DSO , average days delinquent (ADD), collectiveeffectivenessIndex (CEI), and accounts receivable turnover ratio (ART). Establish proactive creditmanagement policies. Automate payment reminders and follow-ups.
A/R turnover ratio: This measures how quickly you collect receivables. Collectioneffectivenessindex: This measures how well you collect payments from customers. Manage your cash from multiple sources and ensure precise cash allocation with both single and multi-bank connectivity.
This may include both individual and team collections performance KPIs, aging reports, collectioneffectivenessindex (CEI), along with receivables turnover and best possible DSO. Have an effective process in place to deal with late receivables. The modules include: Creditmanagement and monitoring.
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