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Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

30, 60, 90+ days past due), it suggests that your collection efforts might not be keeping up with customer payment schedules. When both sales and DSO are rising, checking your percentages past due will provide a good indicator that collections are lagging. Then multiply the answer by 100 to get a percentage.

DSO 130
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Collections Dashboard: Why Is It an Essential Growth Tool?

Gaviti

This metric measures how long a company takes to collect on its invoices. Collection Effectiveness Index. The CEI measures how well a company’s collection efforts are working. A high CEI means the company is collecting on its invoices quickly and efficiently while a low CEI shows room for improvement.