Your Virtual Credit Manager

JANUARY 17, 2023

The sales team learned very quickly that eliminating the friction from the billing and payment processes facilitated earlier customer payments, hence larger commissions. The bottom line was a 13 percent reduction in Days Sales Outstanding (DSO) over a 6 month period in conjunction with invoice accuracy rising above 90 percent.

Credit and Collections 246

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Emagia

MARCH 3, 2025

Collections Management Effective collections management involves tracking overdue invoices and implementing escalation strategies for persistent defaulters. Lack of Visibility Utilize real-time dashboards for tracking receivables and customer payment behaviors. What is Days Sales Outstanding (DSO) and why is it important?

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Emagia

FEBRUARY 21, 2025

Define Automation Objectives Establish clear goals for what the automation initiative aims to achieve, such as reducing days sales outstanding (DSO) or minimizing manual errors. Gain Actionable Insights: Access real-time dashboards and reports to monitor performance and make informed decisions.

AR Automation 40

AR Automation Days Sales Outstanding DSO AR Metrics 40

Gaviti

NOVEMBER 29, 2022

It also gives companies the ability to move away from manual tracking in spreadsheets, to a real-time dashboard, which saves time and gives a full and reliable visualization of the current state of collections. So, how can using a collection dashboard help, and why is it so indispensable as a growth tool? Days Sales Outstanding.

Dashboards 52

Dashboards Average Days Delinquent Credit and Collections Cash Forecasting 52

Collenda

DECEMBER 7, 2021

Companies in this sector that manage to reduce their days sales outstanding (DSO) gain an advantage. Experience shows that companies that optimise their workflows and processes and map them digitally dramatically improve cash flow and days sales outstanding (DSO). Modern software solutions can help.

Days Sales Outstanding 52

Days Sales Outstanding DSO Dashboards Credit and Collections 52

Gaviti

MARCH 11, 2025

The introduction of AI has also enhanced fraud detection and risk management, allowing financial institutions to identify potential defaults and fraudulent activities more effectively. The platform emphasizes data visualization, providing intuitive dashboards that facilitate informed decision-making.

Credit Risk 52

Credit Risk Credit Scoring Credit and Collections Credit Application 52