Your Virtual Credit Manager

JUNE 25, 2024

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.

Bad Debt 130

Bad Debt Credit and Collections Days Sales Outstanding DSO 130

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). DSO calculation requires input of your ending accounts receivable for a given time period against the credit sales during the same timeframe.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Credit Sales 52

Gaviti

NOVEMBER 24, 2024

That means your accounts receivable team will want to do everything in its power to increase cash flow and reduce your DSO. 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.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 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. 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. monthly, quarterly or annually).

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

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. Track Key Metrics Monitor key AR metrics such as DSO, the percentage of overdue invoices, and payment trends.

DSO 40

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

Gaviti

JANUARY 24, 2023

Get valuable DSO comparison data with – Insights. The Insights section provides valuable information on DSO (days sales outstanding) and allows users to compare their collections team’s performance to similar companies. The post Gaviti New Features – DSO benchmark, A/R Teams, Partial Payments, Tagging and more.

DSO 52

DSO Days Sales Outstanding Average Days Delinquent Dashboards 52

Your Virtual Credit Manager

FEBRUARY 27, 2024

Inefficient Cash Flow Management : Delays in credit approvals or ineffective collection efforts can lead to an increase in DSO (Days Sales Outstanding), impacting working capital and liquidity. Employ Shared Metrics and KPIs : Establishing common key performance indicators (KPIs) and metrics across departments fosters aligned objectives.

Accounts Receivable (AR) 130

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

Your Virtual Credit Manager

JANUARY 3, 2023

The client had been forced to layoff seven of their 16 credit department employees and were desperate to find a way to keep up with collections during their peak season and meet the aggressive DSO goals upper management had set. During 1995, DSO was reduced by an additional 10 percent, and bad-debt write-offs cut in half.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Emagia

JANUARY 2, 2025

In this blog, we will explore the crucial role AI plays in accounts receivable, how it can benefit businesses, and the challenges it presents. AI is rapidly reshaping the way companies manage their AR, offering automated solutions that can predict payment behavior, streamline invoicing, and enhance customer communications.

Accounts Receivable (AR) 40

Accounts Receivable (AR) Invoice Collections Cash Applicator Automated Cash Application 40

SAP Credit Management

FEBRUARY 3, 2023

SAP and Taulia solutions can help companies in the chemical and life science industry to achieve improvements in several areas, including those measured by the following three parameters: days sales outstanding (DSO), days payable outstanding (DPO), and days inventory outstanding (DIO).

Days Sales Outstanding 140

Days Sales Outstanding DSO 140

Gaviti

JULY 24, 2024

Pre-Qualify Customers that Present Greater Risk You may want to identify your ideal customers, such as those who have a proven payment history, are from a specific industry, who have a certain budget, etc. Make sure everyone who needs access to the process receives proper training. Collections analytics. Customer Self-Service Portal.

Credit and Collections 98

Credit and Collections Bad Debt Payment Portals Cash Applicator 98

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

Gaviti

JANUARY 26, 2025

You also present a unified image and message to your customers rather than relying on junior employees to do it for you. Make better credit decisions, lower DSO, and reconcile payments with near perfection. Schedule a demo to learn more.

Payment Portals 52

Payment Portals Credit and Collections Cash Applicator Invoice to Cash 52

Gaviti

AUGUST 23, 2023

With accurate and clear information of all past and present invoices at their fingertips, customers know exactly what services and products they’ve paid for and the next step in the collections process. Want to see if Gaviti can improve your dispute management in accounts receivable and enhance your customer experience?

Invoice Disputes 96

Invoice Disputes Credit and Collections DSO Debt Collections 96

TreviPay

OCTOBER 2, 2024

Despite this preference, many businesses struggle to offer trade credit to their buyers, due to cash flow strain and concern around growing DSO. Headquartered in Paris, Allianz Trade is present in over 50 countries with 5,700 employees. In 2023, our consolidated turnover was € 3.7

Bad Debt 64

Bad Debt Credit and Collections DSO Transactions 64

TreviPay

JUNE 6, 2024

Offering trade credit makes it easier for B2B buyers to do business with you, resulting in increased AOV and reduced DSO for suppliers. Global Expansion with TreviPay International B2B payments present a myriad of hurdles, from currency conversion complexities to navigating diverse regulatory frameworks and addressing the risk of fraud.

DSO 71

DSO Transactions 71

Gaviti

MAY 9, 2023

Better Presentations: Dynamic reporting can provide an engaging and visually appealing presentation of data. This is especially helpful when presenting data to stakeholders or other external parties. A/R teams prefer a lower DSO because it indicates customers are paying invoices more quickly.

Days Sales Outstanding 52

Days Sales Outstanding DSO Collection Effectiveness Index Dashboards 52

Gaviti

JANUARY 24, 2023

This KPI measures the number of days that a payment is overdue, calculated by subtracting the BPDSO (Best Possible Days Sales Outstanding) from the DSO (Days Sales Outstanding). To calculate the ADD, simply subtract the BPDSO from the DSO. ADD (Average Days Delinquent) Next, we have the ADD (Average Days Delinquent) metric.

Dashboards 52

Dashboards Average Days Delinquent Days Sales Outstanding DSO 52

Credit Tools

NOVEMBER 28, 2023

Schneider Electric and my DSO Manager discussed on the CREDIT MATTERS XII stage on October 12, 2023. Check out their presentation's official video retrospective.

Credit Management 40

Credit Management DSO 40

Credit Tools

DECEMBER 13, 2023

My DSO Manager has been named as a finalist in Credit and Collection Technology Awards organized by Credit Connect UK judging panel. The company has been invited and was also present for Think Tank.

Credit and Collections 40

Credit and Collections DSO 40

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. There are case studies that have founds that AI-powered AR automation software helps shorten your DSO up to 25 percent.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

TreviPay

OCTOBER 18, 2023

TreviPay’s platform presents banks with the opportunity to deploy capital in this market using an API-based and tech-first approach. The bank can now allow its commercial banking customers to take advantage of improved DSO with guaranteed settlement schedules.

Credit and Collections 59

Credit and Collections DSO Credit Management Transactions 59

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

NOVEMBER 7, 2022

Present: Finance Operations. At the same time, the worth of shaving even one day off your DSO increases. Want to know what your DSO is? They could then adjust their business strategies to achieve desired outcomes. This can help businesses make profitable decisions, but it doesn’t generate income on its own either.

DSO 52

DSO Credit and Collections Dashboards Cash Forecasting 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. Bild What can our AR solutions do for you?

Credit and Collections 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

Gaviti

DECEMBER 28, 2023

Aggregating data from collections calls is challenging and doesn’t offer a holistic view into the customer’s present financial situation. Third parties can present your company with challenges with regards to your customer’s data privacy. They deliver poor visibility into customer information.

Credit and Collections 52

Credit and Collections Invoice to Cash Deductions Collector 52

Emagia

JANUARY 3, 2023

The present technology is making automation possible for each business operation and back-office function, thus reducing or eliminating human involvement in various routine, manual, and low-value activities.

Cash Applicator 52

Cash Applicator Automated Cash Application DSO Credit and Collections 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. With TreviPay, companies receive payments in as little as 48 hours leading to a lower DSO and improved cash flow.

DSO 52

DSO Days Sales Outstanding Dashboards 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

Gaviti

NOVEMBER 29, 2022

A low DSO means customers are paying their invoices quickly, and a high DSO indicates that customers take a longer time to pay their invoices. The data A/R dashboards present can help managers make informed decisions about payment plans, late fees, and other aspects of the collections process. Days Sales Outstanding.

Dashboards 52

Dashboards Average Days Delinquent Credit and Collections Cash Forecasting 52

Serrala

MARCH 14, 2024

Read more Our Avelate Bill Pay software allows you to present all payment requests through a single online system, making simpler for your customers to pay you. Read more Make payments simple Our Avelate Bill Pay software allows you to present all payment requests through a single online system, making simpler for your customers to pay you.

Credit and Collections 52

Credit and Collections Automated Cash Application Cash Applicator Bad Debt 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

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

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). Requesting Prompt Payment We always inform the client about the amount they owe and the payment deadline.

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

Gaviti

NOVEMBER 27, 2023

With accurate and clear information of all past and present invoices at their fingertips, customers know exactly what services and products they’ve paid for and the next step in the collections process. Want to see if Gaviti can improve your dispute management in accounts receivable and enhance your customer experience?

Invoice Disputes 52

Invoice Disputes Credit and Collections Deductions Invoice to Cash 52