Gaviti

SEPTEMBER 23, 2024

Two critical key performance indicators (KPIs) that help your accounts receivable team optimize collections are receivables turnover and days sales outstanding (DSO). Days Sales Outstanding vs. Accounts Receivables Turnover Receivables turnover and days sales outstanding work in tandem.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Credit Sales 52

Gaviti

OCTOBER 27, 2024

Payment portals and gateways in particular should comply with relevant geographic and industry regulations as they process sensitive consumer data that needs to be protected. Self-Service Payment Portal. Match 95% of payments with both remittance automation and AI-powered remittance auto-matching. Cash Application.

Payment Portals 95

Payment Portals Credit and Collections Average Days Delinquent Cash Forecasting 95

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.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Gaviti

APRIL 11, 2024

What are the average days sales outstanding? Are you offering discounts for early payment? Consider the following examples: How much revenue does your business generate? Are you able to collect invoices on all of the revenue your business generates? How quickly are customers paying their invoices?

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

The Esker Blog

JANUARY 3, 2023

Days Sales Outstanding (DSO) is a common measure for how long it takes a company to collect on an invoice. Check out Esker’s payment portal. Are your credit terms appropriate and followed by your sales department? Are you making it easy for your customers to pay and communicate with you?

DSO 98

DSO Accounts Receivable (AR) Credit and Collections Days Sales Outstanding 98

Gaviti

JUNE 19, 2023

For example, you might need templates to improve your days sales outstanding by 30%. You can hyperlink additional information in electronic communication, such as an email address, a phone number, or a link to an online payment portal. How Can You Use Templates To Collect Invoices Outstanding for Payment?

Days Sales Outstanding 98

Days Sales Outstanding Credit and Collections DSO Payment Portals 98

Gaviti

JULY 11, 2024

By centralizing data in one place, you’ll allow for A/R and finance teams as well as marketing, sales and procurement to see metrics such as days sales outstanding (DSO), unique KPIs and customer risk assessments. Gaining better visibility into the A/R process. Having a proactive collections strategy.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52