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Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

Your Virtual Credit Manager

The primary way most companies measure AR performance involves looking at the Days Sales Outstanding (DSO) metric. Accelerating sales can increase DSO, but most often the cause is problems in the order-to-cash (O2C) pipeline affecting collections. Your Virtual Credit Manager is a reader-supported publication.

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Is It Too Late to Achieve Your End-of-Year DSO Goals?

Your Virtual Credit Manager

Chances are, there is a lot that needs to be done in terms of accounts receivable (AR) management between now and December 31st, especially if you are short of your Days Sales Outstanding (DSO) goals. The good news is that given 20 days, you can still have an impact and improve your DSO and other AR metrics, but there is no time to waste.

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Tackling Customers that Always Pay Late

Your Virtual Credit Manager

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. A good measure of how you are doing is your DSO (Days Sales Outstanding). Do you need help improving cash flow?

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Is Your Company Ready for a Downturn in the Economy?

Credit Research Foundation

Since then, we’ve weathered the COVID-19 pandemic, which many experts predicted would lead to a wave of defaults and business closures. Does my team have the expertise and experience to keep us ahead of potential default situations? During that period, the U.S. economy shed over 8.7

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SAP BW Update Behavior of End Routine in Transformations

SAP Credit Management

Depending on the scenario in question, it may be useful to update all target fields or only target fields with an active rule: Only Target Fields with Active Rule (Default) This setting is especially useful if various fields of a data record have to be filled from different sources. Only Target Fields with Active Rule (Default).

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11 Signs Your AR Portfolio May Be at Risk

Your Virtual Credit Manager

Rising Days Sales Outstanding DSO measures the average number of days it takes to collect payment after a sale. A rising DSO indicates that your collections are not matching the rate of new sales, and if that goes on for any length of time, your cash flow will not be able to support the volume of your current business operations.

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Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

The bottom line was a 13 percent reduction in Days Sales Outstanding (DSO) over a 6 month period in conjunction with invoice accuracy rising above 90 percent. it just might help them pay you sooner! Share A Case in Point A parts distributor was having difficulty with collections and high dispute volumes. Revenue or Profits?