Your Virtual Credit Manager

JULY 25, 2023

That is why it is critical to identify some KPIs that will provide indications you are achieving your AR management goals. Here are the KPIs you will need at a minimum: Days Sales Outstanding (DSO) - This metric tells you how fast you are converting your sales into cash. More About Purchasing Credit Reports 8.

Best Possible DSO (BPDSO) 130

Best Possible DSO (BPDSO) DSO Cash Forecasting Credit and Collections 130

Know-It Global

APRIL 13, 2023

This is why it’s crucial that businesses get a firm grip of their cashflow, and one of the most effective ways to maximise your cashflow is by reducing your debtor days. What are debtor days? Debtor days, or as some call days sales outstanding (DSO), is a measure of how long it takes for a company to collect payment from its customers.

Credit and Collections 97

Credit and Collections Days Sales Outstanding Credit Scoring DSO 97

Your Virtual Credit Manager

APRIL 11, 2023

To avoid these types of events you need to establish credit limits based on a customer’s creditworthiness, set parameters for approving orders for all customers both new and old, and then stick to the boundaries you have determined. There are multiple costs and vulnerabilities that emerge. An under performing AR.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 130