Remove Collection Effectiveness Index Remove Credit Application Remove Payment Portals
article thumbnail

Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

A/R turnover ratio: This measures how quickly you collect receivables. Collection effectiveness index: This measures how well you collect payments from customers. For example, some might prefer to pay in person via credit or debit card. Credit management and monitoring.

article thumbnail

7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

Make paying as easy as possible by giving customers many payment options, including credit or debit cards, digital payments, check, bank transfers, etc. Self service customer payment portals also offer another convenient payment channel that minimizes errors, encourages timely payments and improves overall customer satisfaction.

DSO 52