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. Traditionally, a low DSO indicates that your company has capital available and is in good financial standing. This includes both current, past and overdue invoices. monthly, quarterly or annually).

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Credit Tools

FEBRUARY 8, 2024

On February 1st, My DSO Manager's team attended the British Credit Awards hosted by The Chartered Institute of Credit Management in London. Let's take a look at this wonderful night !

DSO 52

DSO Credit Management 52

Credit Tools

FEBRUARY 6, 2024

On February 1st, My DSO Manager's team attended the British Credit Awards hosted by The Chartered Institute of Credit Management in London. Let's take a look at this wonderful night !

DSO 52

DSO Credit Management 52

Your Virtual Credit Manager

SEPTEMBER 3, 2024

billion in annual sales was dissatisfied with the management of its Accounts Receivable (AR). Days Sales Outstanding (DSO) was at 63 days on predominantly Net 30 day terms. Over the next eight months: DSO was reduced from 63 to 41 days $61 million in AR was converted to CA$H Bad debt expense was reduced by $2.2

Accounts Receivable (AR) 130

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

Credit Tools

MARCH 12, 2023

What are the responsibilities of a credit manager? Excerpt from My DSO's pitch at the Credit Management French. Why is it so unique, often misunderstood, and thus poorly integrated into companies?

Credit Management 52

Credit Management DSO 52

Credit Tools

OCTOBER 11, 2023

Willing to talk about credit management and My DSO Manager with professionals coming from all Europe? Follow-up on the Greatest Credit Management event in Eastern Europe

DSO 52

DSO Credit Management 52

Your Virtual Credit Manager

JUNE 11, 2024

My first exposure to the power of accounts receivable (AR) automation came in 1990 when I was credit manager at ERICO Fasteners, a mid-market, specialty metals manufacturer. During the 10 years I’d been in business credit, I had never seen anything like it. Our problems, however, were systemic.

AR Automation 130

AR Automation DSO Collector Accounts Receivable (AR) 130

Your Virtual Credit Manager

MAY 14, 2024

To continue reading and learn the daily, weekly and monthly AR metrics you should be tracking, you’ll need a paid subscriber to Your Virtual Credit Manager …our standard subscription is only $5 per month or $49 annually. Learn More About Credit Reports Please share this newsletter with your small business customers.

AR Metrics 130

AR Metrics DSO Credit and Collections Accounts Receivable (AR) 130

TreviPay

MARCH 20, 2023

Credit management is integral to accounts receivable management. Good credit management supports consistent cash flow, smooth payment collections, customer satisfaction, and much else. It covers multiple different smaller components involved in issuing, monitoring, and collecting credit.

B2B Credit 52

B2B Credit Credit Management Credit and Collections Days Sales Outstanding 52

Credit Tools

JUNE 24, 2024

This innovative digital credit management and recovery solution, interconnected with all existing ERPs, consolidates data from hundreds of international groups in real time. But what makes My DSO.

DSO 40

DSO Credit Management 40

Onguard

MAY 16, 2023

This makes for a challenging time for credit management staff. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management. A healthy DSO In a good approach to credit management, having a healthy DSO is crucial.

Credit Management 52

Credit Management DSO Credit and Collections 52

Onguard

OCTOBER 31, 2023

Credit management, a term often associated with the finance department, turns out to be a dynamic process involving several departments within an organisation. Let’s face it, manual credit checks and invoice processing can be time-consuming and error-prone. Think sales, marketing, customer success and IT.

Credit Management 52

Credit Management Days Sales Outstanding Credit and Collections DSO 52

Credit Tools

JANUARY 12, 2023

Discover in 30 minutes how to improve your company's accounts receivable management with My DSO Manager, the flagship credit management software used by 1,400 companies in 85 countries.

DSO 52

DSO Credit Management 52

Onguard

APRIL 28, 2023

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey. Credit management software solutions 4.

Credit Management 52

Credit Management DSO Credit and Collections Order to Cash 52

Onguard

FEBRUARY 23, 2023

CFOs and CEOs, are you familiar with DSO? While many businesses focus on improving their DPO (supplier side) and DOI (inventory holding) metrics to enhance their cash flow, the real impact can be found by examining your customer base and their payment habits, which is reflected in the DSO metric. How do you calculate DSO?

DSO 40

DSO Sales Weighted DSO Credit and Collections Collector 40

Credit Tools

NOVEMBER 23, 2022

Attend the flash presentation of My DSO Manager, leading software for cash collection and credit management.

DSO 52

DSO Credit and Collections Credit Management 52

SAP Credit Management

JANUARY 19, 2023

Users can then either select a direct shipment option for the parcel shipment or opt for an automatic option based on the DSO Rule configuration within Freight Unit Type configuration and plan and execute the transportation of shipments to the consignees. DSO DEF – > Determine the DSO option along with carrier assignment.

DSO 182

DSO 182

Your Virtual Credit Manager

DECEMBER 19, 2023

As part of that budget, you have likely made some accommodation for your accounts receivable (AR), probably in the form of a Days Sales Outstanding (DSO) objective based on past performance. Maybe you have factored in an incremental improvement in DSO, but how much thought have you given to how you are going to meet that budgeted goal?

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Your Virtual Credit Manager

SEPTEMBER 10, 2024

Consequently, Days Sales Outstanding (DSO) increased by almost 50 percent with customer delinquency deteriorating so much that this supplier’s borrowing capacity under its asset-based credit facility was severely restricted. Poor credit approval and collection practices can single-handedly wreck DSO.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

Your Virtual Credit Manager

FEBRUARY 21, 2023

Subscribe now Days Sales Outstanding (DSO) From a credit perspective, DSO isn’t our favorite metric, but it is a standard used by accounting and finance professionals to reflect receivables turnover. The problem with DSO is that AR performance can be improving at the same time DSO is rising.

DSO 130

DSO Credit and Collections Collection Effectiveness Index Bad Debt 130

Credit Tools

MAY 26, 2023

Intersud, the trusted source of in-depth financial research, and My DSO Manager, a leading credit management software, are excited to announce their partnership to improve customer financial.

DSO 52

DSO Credit Management 52

Credit Tools

FEBRUARY 10, 2023

With the Sellsy connector, you can automatically import your customer and accounting data into My DSO Manager and begin managing your customer account in our collection and credit management.

DSO 52

DSO Credit and Collections Credit Management 52

Credit Tools

FEBRUARY 10, 2023

With the Sellsy connector, you can automatically import your customer and accounting data into My DSO Manager and begin managing your customer account in our collection and credit management.

DSO 52

DSO Credit and Collections Credit Management 52

Onguard

MAY 16, 2023

This makes for a challenging time for credit management staff. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management. A healthy DSO In a good approach to credit management, having a healthy DSO is crucial.

Credit Management 40

Credit Management DSO Credit and Collections 40

Onguard

DECEMBER 1, 2022

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey. . Credit management software solutions.

Credit Management 52

Credit Management DSO Credit and Collections Order to Cash 52

Your Virtual Credit Manager

JUNE 25, 2024

Rising Days Sales Outstanding DSO measures the average number of days it takes to collect payment after a sale. A rising DSO indicates that your collections are not matching the rate of new sales, and if that goes on for any length of time, your cash flow will not be able to support the volume of your current business operations.

Bad Debt 130

Bad Debt Credit and Collections DSO Days Sales Outstanding 130

Your Virtual Credit Manager

JULY 11, 2023

This article focuses on one widely used metric, Days Sales Outstanding (DSO) and the best ways to understand it. Subscribe now Understanding DSO DSO, (along with an Aging Analysis of the unpaid AR), is the most popular metric used to gauge AR management performance. quarter, year-to-date, 12 months, etc.)

Best Possible DSO (BPDSO) 100

Best Possible DSO (BPDSO) DSO AR Metrics Credit and Collections 100

Your Virtual Credit Manager

FEBRUARY 27, 2024

In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular. The experts at Your Virtual Credit Manager can help you bring in the cash. Are there past due accounts you are trying to collect?

Accounts Receivable (AR) 130

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

Your Virtual Credit Manager

AUGUST 29, 2023

As you review your metrics, here are five signs that there may be a problem with your collection practices: DSO Is Rising: Days Sales Outstanding is the most common metric for measuring accounts receivable (AR) performance. If DSO is rising, you are falling behind. Collections is always playing a bit of catch up to sales.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

Onguard

AUGUST 9, 2023

Which FinTech technologies are transforming the credit management process? Digital transformations: the future of credit management Big data & AI Expectations of big data and artificial intelligence (also known as artificial intelligence or AI) have been high for years.

Credit Management 52

Credit Management Credit and Collections Invoice Amount DSO 52

Your Virtual Credit Manager

JULY 25, 2023

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. It is best understood in relation to Best Possible DSO (BPDSO) which is essentially what your DSO would be if every customer paid on time. More About Purchasing Credit Reports 8.

Best Possible DSO (BPDSO) 130

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

SAP Credit Management

AUGUST 22, 2023

But usually its because the sync method is not able to create the combinations of the Plan data in the BW DSO and so the query read fails as there is no data. The reason was that the DSO /JBPB/SAFV_M was not loaded. The system checks the mapping of Sales Organization and Fiscal Year Variant in this DSO.

DSO 147

DSO Transactions 147

Credit Tools

NOVEMBER 28, 2023

Schneider Electric and my DSO Manager discussed on the CREDIT MATTERS XII stage on October 12, 2023. Check out their presentation's official video retrospective.

Credit Management 40

Credit Management DSO 40

Your Virtual Credit Manager

DECEMBER 6, 2022

Even worse, the company’s stock price was depressed because of the company’s high Days Sales Outstanding (DSO) , a common measure of AR management effectiveness. The benefits from the company’s improvement in its receivables management is illustrated in the following chart. Cash is king.

DSO 130

DSO Credit and Collections Bad Debt AR Aging 130

Onguard

MAY 27, 2024

Download de fintech baropaper Getting an invoice paid still takes longer than thirty days As many as half of organisations (47%) currently have an average Days Sales Outstanding (DSO) of more than thirty days. In contrast, the percentage expecting DSO to increase in 2024 this year is much higher at 19 percent.

DSO 52

DSO Days Sales Outstanding Credit Management 52

Serrala

SEPTEMBER 7, 2023

Reduce DSO and optimize working capital with the most comprehensive collections software. Read more Bild Credit & Risk Management Automate processes across your entire credit management lifecycle for faster and more accurate credit decisions and less manual activities. section-marketo-background').length>0){

Credit and Collections 98

Credit and Collections DSO Order to Cash Cash Applicator 98

Gaviti

NOVEMBER 21, 2024

Leverage data-driven decision-making to optimize collections strategies, reduce DSO, and improve cash flow. Credit management and monitoring. Get real-time credit risk alerts about customers with increased credit risk to minimize the impact on your cash flow and reduce the likelihood of bad debt.

Automated Cash Application 96

Automated Cash Application Credit and Collections Cash Applicator Deductions 96