Your Virtual Credit Manager

MAY 14, 2024

One of the biggest challenges for small business executives is finding enough time, so it’s important to efficiently monitor your cash position to avoid disruptive events. For example, if you sell on Net 30 day credit terms, and all your invoices were paid on the due date, your DSO would be 30 days.

AR Metrics 130

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

Gaviti

SEPTEMBER 2, 2024

A/R data can be used to set triggers to send email at an appropriate time or following a certain event. VP of Sales) and escalations to the customer can help reduce your DSO. See your DSO drop within a few months. Lack of personalization. In this case, both escalations that send alerts to internal stakeholders (e.g.

Collections Automation 52

Collections Automation DSO Days Sales Outstanding Dashboards 52

Gaviti

SEPTEMBER 2, 2024

A/R data can be used to set triggers to send email at an appropriate time or following a certain event. VP of Sales) and escalations to the customer can help reduce your DSO. See your DSO drop within a few months. Lack of personalization. In this case, both escalations that send alerts to internal stakeholders (e.g.

Collections Automation 52

Collections Automation DSO Days Sales Outstanding Dashboards 52

Gaviti

JULY 18, 2024

Real estate and tech bubbles, economic recessions, and other black swan events are more likely to occur as more time goes on, and must be factored into your forecast. Make better credit decisions, lower DSO, and reconcile payments with near perfection. What are our long-term financing needs? Requires more time and resources.

Cash Forecasting 52

Cash Forecasting DSO Credit and Collections Deductions 52

TreviPay

SEPTEMBER 6, 2024

For instance, managing Days Sales Outstanding (DSO) effectively can improve overall cash flow, reinforcing the importance of integrating cash flow forecasting with broader financial management strategies. Creating dashboard views can provide quick insights and decision-making into the most critical aspects of cash flow.

DSO 52

DSO Days Sales Outstanding Dashboards 52

Gaviti

APRIL 18, 2024

It also helps provide documentation in the event that your company has bad debt that it is able to take as a tax deduction. Get a comprehensive dashboard that gives you real-time insights into critical metrics that directly affect your cash flow. An aging report also analyzes how your customers’ companies work. Collections analytics.

AR Aging 52

AR Aging Credit and Collections Allowance for Doubtful Accounts Bad Debt 52

Gaviti

MAY 9, 2023

Before you set up your analytics, decide what is important to you and make sure that you can customize your system or dashboard to highlight the statistics that you want to focus on. Request an explanation for what happens in the event of a breach and adjust your internal security protocols accordingly.

Days Sales Outstanding 52

Days Sales Outstanding DSO Collection Effectiveness Index Dashboards 52