Collection Effectiveness Index, Credit Risk and Payment Portals

How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

NOVEMBER 24, 2024

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.

Credit and Collections

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index

7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

APRIL 3, 2024

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

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index

Credit Management Source

How to Automate the Collection Process to Eliminate Manual Tasks

7 Strategies to Reduce DSO and Enhance Cash Flow

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