Remove Collection Effectiveness Index Remove Credit Risk Remove Payment Portals
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How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

Consider tracking A/R performance metrics that include best possible DSO , average days delinquent (ADD), collective effectiveness Index (CEI), and accounts receivable turnover ratio (ART). Offer a range of payment methods and, if available, a link to your customer payment portal from the invoice itself.

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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.

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