Your Virtual Credit Manager

NOVEMBER 19, 2024

Chances are, there is a lot that needs to be done in terms of accounts receivable (AR) management between now and December 31st, especially if you are short of your Days Sales Outstanding (DSO) goals. You can’t expect them to process payments the last ten days of December. That’s the bad news.

DSO 100

DSO AR Metrics Credit and Collections Accounts Receivable (AR) 100

Gaviti

SEPTEMBER 2, 2024

VP of Sales) and escalations to the customer can help reduce your DSO. If you want to make small changes to the messaging of the sequence or timing of the automated dunning template, you’ll need to contact your IT team or the ERP support service itself. See your DSO drop within a few months. It isn’t intuitive.

Collections Automation 52

Collections Automation DSO Days Sales Outstanding Dashboards 52

Gaviti

SEPTEMBER 2, 2024

VP of Sales) and escalations to the customer can help reduce your DSO. If you want to make small changes to the messaging of the sequence or timing of the automated dunning template, you’ll need to contact your IT team or the ERP support service itself. See your DSO drop within a few months. It isn’t intuitive.

Collections Automation 52

Collections Automation DSO Days Sales Outstanding Dashboards 52

Your Virtual Credit Manager

JANUARY 30, 2024

Learn More About YVCM Consulting The Traditional Approach to Automating Collections Automation introduced a structured approach to collection strategies, driven by trigger events such as days past due, missed payments, or non-responsiveness to communication. What do you need help with?

Credit and Collections 130

Credit and Collections Collector Accounts Receivable (AR) AR Automation 130

Gaviti

APRIL 11, 2024

Are you able to collect invoices on all of the revenue your business generates? What are the average days sales outstanding? The most common is DSO. Consider these additional KPIs: Bad debt ratio: This measures the monetary value of receivables you believe you cannot collect. Collections analytics.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Lockstep

APRIL 20, 2022

Whether that be an email that comes in asking for a copy of an invoice an explanation of why they’re being charged a certain amount, these errors will impact days sales outstanding (DSO). . These disconnected systems can hurt cash flows and productivity.

Days Sales Outstanding 52

Days Sales Outstanding DSO Collections Automation 52