Remove Credit Card Payments Remove Credit Risk Remove Days Sales Outstanding
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Reducing Debtor Days To Maximise Cashflow

Know-It Global

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.

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Help business clients use technology to improve cash flow

Abrigo

Dashboards : Software that creates dashboards can help monitor changes in Days Sales Outstanding, identify the biggest credit risks and the receivables with balances over 75 days past due, flag increases in inventory days. Other digital payment options : Amazon Payments, PayPal, Apple Pay.