Remove Credit Application Remove Credit Card Payments Remove Days Sales Outstanding
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Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

Your Virtual Credit Manager

The primary way most companies measure AR performance involves looking at the Days Sales Outstanding (DSO) metric. Accelerating sales can increase DSO, but most often the cause is problems in the order-to-cash (O2C) pipeline affecting collections. Your Virtual Credit Manager is a reader-supported publication.

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Top 10 Collection Reminders Writing Tips

Gaviti

9) Include different payment options for customer convenience Offering multiple payment options available will help your clients to settle past due accounts faster and easier. For example, foreign clients that cannot make ACH payments should have additional payment options available such as credit card payments.