Remove Dashboards Remove Days Sales Outstanding Remove High-Risk Accounts
article thumbnail

Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

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.

article thumbnail

The Best Accounts Receivable Reporting Software Solutions of 2025

Gaviti

As a result, your accounts receivable reporting software offers a number of specific benefits, including: Better cash flow management. Having the most accurate customer data at your fingertips allow you to identify high-risk accounts and prioritize your collection efforts to optimize cash flow. Greater A/R efficiency.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Improve Task Prioritization for A/R Collections Teams

Gaviti

Start small with these core KPIs and then expand your options as the need arises: Days Sales Outstanding: It gauges how long it takes for customers to pay their invoices. Accounts Receivable Turnover: This metric measures how quickly customers pay off their debt. Book a demo today to see how it works.

article thumbnail

Cash Forecasting: How Emagia’s AI-Powered Platform Optimize Cash Flow

Emagia

By understanding when large payments are due or when customers are likely to delay payments, CFOs can take proactive measures to mitigate risks, such as adjusting payment terms or focusing on high-risk accounts.