Remove Credit Management Remove DSO Remove Online Credit Application
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7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

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).

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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. During 1995, DSO was reduced by an additional 10 percent, and bad-debt write-offs cut in half. This included a 100 percent increase in past due collected.

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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

The most common is DSO. Get a holistic view of your A/R data that includes a combination of traditional metrics such as DSO, collections, customer risk, etc., Cash application. Manage your cash from multiple sources and ensure precise cash allocation with both single and multi-bank connectivity. and unique KPIs.

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The Importance of the Accounts Receivable Aging Report

Gaviti

Track a range of traditional KPIs such as Total A/R, DSO, collections rate, and customer risk in addition to unique smart KPIs. Credit management and monitoring. Send online credit applications to both existing customers and potential prospects. Customer invoice distribution.