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Top 10 Collection Reminders Writing Tips

Gaviti

For example, the late payment reminder should include the customers name, invoice amount, and a link to a payment portal, or encourage the customer to contact your billing team with any questions related to the payment. Get a demo today!

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Top 5 Conferences for A/R Professionals in the USA in 2025

Gaviti

While conferences offer valuable insights, Accounts Receivable professionals deserve continuous support to excel every day. Gaviti’s invoice-to-cash automation solution empowers businesses to: Streamline tedious processes Reduce late receivables Improve accuracy Transform your A/R department into a well-oiled machine.

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Receivables Turnover vs. Days Sales Outstanding (DSO): What’s the Difference?

Gaviti

Two critical key performance indicators (KPIs) that help your accounts receivable team optimize collections are receivables turnover and days sales outstanding (DSO). These two KPIs aren’t perfect, but they inform decisions that ultimately determine how much cash you have available. It is often assessed only annually.

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Top Accounts Receivable Strategies for 2025

Gaviti

In 2025, successful businesses will: Analyze payment trends to refine credit terms and collection strategies. Monitor key performance indicators ( KPIs ) like Days Sales Outstanding (DSO) and collection effectiveness to track progress. Connect to multiple backs adn offer payments in multiple currencies.

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How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

Although different A/R solutions deliver different metrics, cash balance and days sale outstanding only scratch the surface of measuring performance. Additional metrics to consider include the number of outstanding receivables, accounts receivable aging, customer churn rate, and the percentage of late payments.

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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

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? Are you offering discounts for early payment? How much cash is the company gaining or losing? Others might like to pay online.

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7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

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.

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