Gaviti

NOVEMBER 24, 2024

Ensure Buy-In From Key Stakeholders After you understand your collections team’s needs, you’ll need to present them to your CFO and any other important stakeholders to get them on board. Although different A/R solutions deliver different metrics, cash balance and days sale outstanding only scratch the surface of measuring performance.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Gaviti

DECEMBER 18, 2024

Accounts receivable reporting software refers specifically to the elements of A/R that present data and analytics in the form of an accounts receivables report. What Is Accounts Receivable Reporting Software? These types of reports include cash flow forecasting, aging reports, DSO calculations, and A/R performance.

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Your Virtual Credit Manager

DECEMBER 19, 2023

As part of that budget, you have likely made some accommodation for your accounts receivable (AR), probably in the form of a Days Sales Outstanding (DSO) objective based on past performance. EIPP capabilities facilitate both these activities, but also offer you much more.

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Your Virtual Credit Manager

APRIL 11, 2023

That all the above consequences can present themselves simultaneously, only makes the downside worse. Photo by Elisa Ventur on Unsplash When a company’s AR under-performs, the consequences are substantial. There are multiple costs and vulnerabilities that emerge. An under performing AR.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 130

Emagia

JANUARY 27, 2025

Reporting and Analytics Real-time reporting and analytics allow businesses to track AR performance metrics like Days Sales Outstanding (DSO), outstanding invoices, and overall collection efficiency. Data Integration Issues Integrating AR management software with existing systems may sometimes present technical challenges.

DSO 40

DSO AR Metrics Accounts Receivable (AR) Days Sales Outstanding 40

Gaviti

JANUARY 24, 2023

The Insights section provides valuable information on DSO (days sales outstanding) and allows users to compare their collections team’s performance to similar companies. First, we’ve added the BPDSO (Best Possible Days Sales Outstanding) metric to the dashboard. Let’s start with: Insights!

DSO 52

DSO Days Sales Outstanding Average Days Delinquent Dashboards 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.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Gaviti

JANUARY 24, 2023

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. ADD (Average Days Delinquent) Next, we have the ADD (Average Days Delinquent) metric.

Dashboards 52

Dashboards Average Days Delinquent Days Sales Outstanding DSO 52

Gaviti

MAY 9, 2023

A/R analytics aggregate information from multiple sources and visualize key business indicators such as customer payment trends or days sales outstanding. Better Presentations: Dynamic reporting can provide an engaging and visually appealing presentation of data.

Days Sales Outstanding 52

Days Sales Outstanding DSO Collection Effectiveness Index Dashboards 52

TreviPay

JANUARY 7, 2023

Working capital management aims to decrease the amount of time it takes to receive cash after a sale, or days sales outstanding (DSO). One of the most common causes of extended DSO is uncollected sales. In fact, according to a study of 27,000 companies around the world, DSO averages 64 days.

DSO 59

DSO Days Sales Outstanding Alternative Payment Methods Credit and Collections 59

Emagia

FEBRUARY 5, 2023

Cash flow and working capital benefit substantially from a reduced days sales outstanding (DSO) achieved with the help of AR automation tool. This helps reduce days sales outstanding (DSO) and lay a solid foundation for financial supply chain.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Emagia

JANUARY 22, 2023

Intelligent forecasting and budgeting supported by automation tools can present unbiased insight into actionable items to help improve the top line, bottom line, and cash flow. By adopting emerging technologies like AI, ML, and Automation, such time-consuming and mundane tasks can be automated.

Days Sales Outstanding 52

Days Sales Outstanding AR Automation Order to Cash DSO 52

Emagia

AUGUST 19, 2024

As this technology matures, it presents finance leaders and CFOs with a unique opportunity to revolutionize their operations by leveraging AI’s capabilities in AR processes, such as cash application, that directly impact cash flow.

Cash Applicator 52

Cash Applicator AR Automation Accounts Receivable (AR) Days Sales Outstanding 52

Serrala

MARCH 14, 2024

Read more Our customers can reduce their DSO (days sales outstanding) significantly by automating manual and repetitive tasks. Read more Reduce DSO and boost efficiency Our customers can reduce their DSO (days sales outstanding) significantly by automating manual and repetitive tasks.

Credit and Collections 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

Serrala

MARCH 14, 2024

Read more Our customers can reduce their DSO (days sales outstanding) significantly by automating manual and repetitive tasks. Read more Reduce DSO and boost efficiency Our customers can reduce their DSO (days sales outstanding) significantly by automating manual and repetitive tasks.

DSO 52

DSO Invoice to Cash Days Sales Outstanding Insurance Companies 52

Gaviti

FEBRUARY 18, 2024

Collecting debt presents challenges in complying with various regulations, not to mention cultural and language barriers. Gain greater visibility into A/R performance on both an individual and team level that includes not only Day Sales Outstanding (DSO) and collection rate but also customized KPIs. Digital wallets (e.g.,

Debt Collections 52

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

Eagle Business Credit

MAY 2, 2024

a) Invoice Promptly: Issue invoices immediately to reduce days sales outstanding (DSO). Specifically, reducing days sales outstanding can accelerate cash cycles and potentially bolster earnings. b) Credit Management: Assess customer creditworthiness to manage risks effectively.

Days Sales Outstanding 40

Days Sales Outstanding Credit and Collections Bad Debt DSO 40

Emagia

JUNE 19, 2023

Making Documents for Compliance Needs Businesses present invoices as official documentation to comply with tax regulatory requirements. In turn, it facilitates efficient payments and reduces days sales outstanding (DSO). E-invoices include a payment link with the document itself, making it easily accessible for clients.

AR Automation 52

AR Automation Past Due Invoices Accounts Receivable (AR) Days Sales Outstanding 52

Onguard

DECEMBER 9, 2022

The amount of data available makes it possible for a finance professional to actually look at past and present. It’s going to help customers avoid payment problems and this in turn reduces Days Sales Outstanding (DSO) and increases cash flow at organisations. Read further to see which dimensions are meant by this.

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Credit Management 52

Onguard

DECEMBER 9, 2022

The amount of data available makes it possible for a finance professional to actually look at past and present. It’s going to help customers avoid payment problems and this in turn reduces Days Sales Outstanding (DSO) and increases cash flow at organisations. Read further to see which dimensions are meant by this.

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Credit Management 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. They help businesses determine the optimal timing for major expenditures, expansions, or new product launches.

DSO 52

DSO Days Sales Outstanding Dashboards 52

Gaviti

NOVEMBER 29, 2022

Days Sales Outstanding. A/R dashboards give managers the information they need to improve collections and reduce outstanding receivables. The data A/R dashboards present can help managers make informed decisions about payment plans, late fees, and other aspects of the collections process.

Dashboards 52

Dashboards Average Days Delinquent Credit and Collections Cash Forecasting 52

Your Virtual Credit Manager

MARCH 11, 2025

Those can still be good choices, but from a long-term perspective an Electronic Invoice Presentment and Payment (EIPP) solution offers the most benefits, especially in the area of customer satisfaction. In large part, this is because EIPP addresses the all-important intersection of billing and collections. Below are the key advantages: 1.

Days Sales Outstanding 130

Days Sales Outstanding Credit and Collections DSO Accounts Receivable (AR) 130

Gaviti

JANUARY 20, 2025

Accounts receivable automation tools help businesses accurately match revenues with expenses by providing: Accurate A/R reporting: Automated systems consolidate and present financial data, ensuring timely recognition of revenue and related costs. This helps align cash inflows with revenue recognition.

AR Automation 52

AR Automation Revenue Recognition DSO Credit and Collections 52

Emagia

MARCH 6, 2025

Challenges in Traditional Cash Forecasting While cash forecasting is essential for financial success, traditional methods often present challenges for CFOs and AR teams. These reports include key metrics such as DSO (Days Sales Outstanding) , expected cash inflows, overdue accounts, and payment trends.

Cash Forecasting 40

Cash Forecasting Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 40

Emagia

FEBRUARY 5, 2025

Conclusion Deductions in accounts receivable can present significant challenges for businesses, leading to delays in payments, resource-intensive processes, and potential damage to customer relationships. Improved cash flow : By reducing deduction disputes and speeding up resolution, businesses can improve their cash flow and liquidity.

Deductions 40

Deductions Revenue Recognition Accounts Receivable (AR) Days Sales Outstanding 40