Gaviti

JANUARY 6, 2025

For example, the late payment reminder should include the customers name, invoice amount, and a link to a payment portal, or encourage the customer to contact your billing team with any questions related to the payment. Customers can also use it to view invoices, payment history, and credit applications and disputes.

Credit and Collections 92

Credit and Collections Days Sales Outstanding Invoice to Cash Invoice Amount 92

Gaviti

FEBRUARY 27, 2025

Self-Service Customer-Facing Payment Portal: Offers customers multiple payment options, including autopay, and a centralized view of all outstanding invoices, facilitating prompt and convenient payments. To explore how Gaviti can elevate your A/R management, schedule a personalized demo today.

Invoice to Cash 66

Invoice to Cash Payment Portals Credit and Collections Days Sales Outstanding 66

Gaviti

FEBRUARY 4, 2025

In 2025, successful businesses will: Analyze payment trends to refine credit terms and collection strategies. Monitor key performance indicators ( KPIs ) like Days Sales Outstanding (DSO) and collection effectiveness to track progress. Reassess what data you are using to measure success.

Average Days Delinquent 59

Average Days Delinquent Credit and Collections AR Metrics DSO 59

Gaviti

NOVEMBER 24, 2024

Although different A/R solutions deliver different metrics, cash balance and days sale outstanding only scratch the surface of measuring performance. Additional metrics to consider include the number of outstanding receivables, accounts receivable aging, customer churn rate, and the percentage of late payments.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Gaviti

APRIL 11, 2024

What are the average days sales outstanding? Are you offering discounts for early payment? For example, some might prefer to pay in person via credit or debit card. Credit management and monitoring. Send online credit applications to existing and potential customers to evaluate customer’s creditworthiness.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

APRIL 3, 2024

When accounting departments want a quick evaluation of the health of a business, they often look at their DSO, or days sales outstanding. However, days sales outstanding are subject to a range of factors and targets should always be based on the wider context of the business and industry.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Gaviti

JULY 11, 2024

By centralizing data in one place, you’ll allow for A/R and finance teams as well as marketing, sales and procurement to see metrics such as days sales outstanding (DSO), unique KPIs and customer risk assessments. Credit monitoring and management. Gaining better visibility into the A/R process.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52