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New A/R Collections KPI Dashboard Features January 2023

Gaviti

That’s why we are excited to announce the addition of several new metrics to the collections dashboard. In this post we will go in depth into all the additions to our A/R collections dashboard BPDSO (Best Possible Days Sales Outstanding) First up is the BPDSO (Best Possible Days Sales Outstanding) metric.

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Collections Dashboard: Why Is It an Essential Growth Tool?

Gaviti

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.

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Understanding DSO Mean

Emagia

DSO Mean DSO, or Days Sales Outstanding, is a key financial metric that measures the average number of days it takes for a company to collect payment after a sale. Financial dashboards can facilitate this monitoring process. Understanding DSO mean is essential for managing cash flow effectively.

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Understanding Cash to Cash Conversion Cycle

Emagia

Calculating the Cash to Cash Conversion Cycle To calculate the C2C cycle, you can use the formula: Days Inventory Outstanding (DIO) + Days Sales Outstanding (DSO) – Days Payable Outstanding (DPO). Utilizing financial dashboards can simplify this monitoring process.

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Gaviti New Features – DSO benchmark, A/R Teams, Partial Payments, Tagging and more.

Gaviti

With this update, we’ve added new insights, enhanced the AR team screen, added partial payment functionality, and introduced a host of new metrics to the dashboard. This new feature is all about improving the user experience and helping Gaviti users make informed decisions about their collections strategies.

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What to Look For When Purchasing an Accounts Receivable Software

Gaviti

In addition, the information that is traditionally used to evaluate credit (e.g. For example, Gaviti’s AI pilot works throughout your entire A/R solution both to gather information, optimize text and workflows, and make proactive suggestions for improvement. credit scores, payment history, etc) is dynamic. Self-Service Payment Portal.

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Unlocking the Power of A/R Analytics and Dynamic Reporting

Gaviti

A/R analytics aggregate information from multiple sources and visualize key business indicators such as customer payment trends or days sales outstanding. Digestible Information: Reports translate complex information into easy-to-understand visuals that managers can review quickly.