Gaviti

JUNE 25, 2024

Forecasting Accounts Receivable Collections Using DSO The easiest and most accurate way to forecast your accounts receivable is using days sales outstanding (DSO). Step 1: Sales Forecast The first step to predicting your accounts receivable is to determine a sales forecast. Disputes and Deductions.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Deductions 52

Gaviti

APRIL 3, 2024

When accounting departments want a quick evaluation of the health of a business, they often look at their DSO, or days sales outstanding. However, days sales outstanding are subject to a range of factors and targets should always be based on the wider context of the business and industry. Cash application.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Gaviti

APRIL 11, 2024

Are you able to collect invoices on all of the revenue your business generates? How quickly are customers paying their invoices? What are the average days sales outstanding? How much cash is the company gaining or losing? Disputes and deductions. Are you offering discounts for early payment?

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

JANUARY 2, 2024

Here’s the formula for Average Days Delinquent: ADD = Days Sales Outstanding (DSO) – Best Possible Days Sales Outstanding (BPDSO) Note the role of the DSO metric in this calculation. Similar to DSO, this cash application KPI offers a broad measure of how effective your collection efforts are.

Collection Effectiveness Index 52

Collection Effectiveness Index Average Days Delinquent DSO Days Sales Outstanding 52

Gaviti

JULY 11, 2024

If you’ve decided your business is ready to move to automating its A/R, you’ll want to find the best A/R automation software, also called invoice to cash software, that suits your needs. Allow customers to view past invoices and payment history and make credit requests. Disputes and deductions. Reports and analytics.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

FEBRUARY 18, 2024

This ebook will help you understand the common and not-so-common components accounts receivable software as defined by the Gartner recommended core solutions of integrated invoice-to-cash (I2C) applications. Accurate accounts free up your A/R resources from having to resolve disputes or verify deductions. Collections Analytics.

Debt Collections 52

Debt Collections Credit and Collections Days Sales Outstanding Invoice to Cash 52

Gaviti

DECEMBER 5, 2023

Having customers pay on time is one of the simplest ways to strengthen your cash flow. Streamline disputes and deductions Disputes can cause a hit to your cash flow while they wait to be resolved, a process usually managed by human A/R teams with many steps along the way that are all prone to human error.

Average Days Delinquent 52

Average Days Delinquent Collection Effectiveness Index Credit and Collections Days Sales Outstanding 52