Remove Collection Effectiveness Index Remove Dashboards Remove Days Sales Outstanding
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Collections Dashboard: Why Is It an Essential Growth Tool?

Gaviti

It also gives companies the ability to move away from manual tracking in spreadsheets, to a real-time dashboard, which saves time and gives a full and reliable visualization of the current state of collections. So, how can using a collection dashboard help, and why is it so indispensable as a growth tool?

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6 Cash Flow Performance KPIs Every CFO Needs to Track

Gaviti

But continually high ADD scores across clients may indicate poor collection efficiency on your side. Here’s the formula for Average Days Delinquent: ADD = Days Sales Outstanding (DSO) – Best Possible Days Sales Outstanding (BPDSO) Note the role of the DSO metric in this calculation.

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Unlocking the Power of A/R Analytics and Dynamic Reporting

Gaviti

A/R analytics aggregate information from multiple sources and visualize key business indicators such as customer payment trends or days sales outstanding. Organizations focus heavily on the days sales outstanding, but additional options exist.