Remove DSO Remove Invoice to Cash Remove Payment Portals
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Top 6 Accounts Receivable Software Providers with a Payment Portal

Gaviti

If you’ve decided that you want to move ahead with accounts receivable software, you might want to consider looking into an A/R software provider with a client payment portal. It’ll help you provide your customers the best payment experience possible while saving both costs, time and reducing errors.

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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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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. Traditionally, a low DSO indicates that your company has capital available and is in good financial standing. This includes both current, past and overdue invoices.

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5 Common Challenges Faced by A/R Teams That Can Be Overcome Through Automation

Gaviti

Invoices can be paid 24/7 through a self-service payment portal. Payments are reconciled automatically, your ERP is updated with the new payment data, and the customer receives payment confirmation within a few minutes. Customers can keep a credit card on file or choose another method. Get a demo today!

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5 Accounts Receivable Collection Mistakes You Should Avoid

Gaviti

Ensuring all necessary forms and data are included at the start helps streamline the payment process. Advanced A/R tools often provide a customer payment portal that centralizes necessary payment details, making it easier for customers to complete payments on time. Customer invoice distribution.

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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

The most common is DSO. This measures how quickly customers pay their invoices. Automate collections actions with reminders, internal or external escalations based on predefined criteria such as payment due date or history, credit terms or aging of the invoice. Cash application. Others might like to pay online.

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Top 7 Invoice Processing Best Practices for Your Business

Gaviti

How Gaviti Facilitates Efficient Invoicing Processing Gaviti’s invoice-to-cash A/R management and automation platform streamlines your invoice processing while optimizing the entire A/R lifecycle. Its accounts receivable automation solution includes: Customer invoice distribution. Customer Self-Service Portal.