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. Maybe you have factored in an incremental improvement in DSO, but how much thought have you given to how you are going to meet that budgeted goal?

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Emagia

DECEMBER 4, 2024

In today’s fast-paced business world, managing financial operations efficiently is critical for companies that deal with high transaction volumes, complex payment cycles, and diverse customer bases. Reduce Days Sales Outstanding (DSO). Chemicals Chemical companies often deal with complex pricing models and high-value transactions.

Revenue Recognition 52

Revenue Recognition Credit and Collections Days Sales Outstanding Deductions 52

Trade Credit & Liquidity Management

MAY 8, 2025

Just clean transactions from day one. Improved collections and credit management: Correct contact data and credit limits mean better follow-ups, fewer write-offs, and improved DSO. No bounced emails.

Credit and Collections 52

Credit and Collections Revenue Recognition DSO Credit Management 52

Your Virtual Credit Manager

SEPTEMBER 10, 2024

Consequently, Days Sales Outstanding (DSO) increased by almost 50 percent with customer delinquency deteriorating so much that this supplier’s borrowing capacity under its asset-based credit facility was severely restricted. Poor credit approval and collection practices can single-handedly wreck DSO.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

Emagia

FEBRUARY 21, 2025

Monitor Key Performance Indicators (KPIs) Regularly track metrics to assess the efficiency of your AR processes: Days Sales Outstanding (DSO): Measures the average number of days to collect payment after a sale. Mobile Payments: Utilize mobile payment solutions for on-the-go transactions. What is Days Sales Outstanding (DSO)?

Days Sales Outstanding 40

Days Sales Outstanding DSO Bad Debt Credit and Collections 40

Emagia

FEBRUARY 21, 2025

This reduces the Days Sales Outstanding (DSO) and enhances the company’s cash position. Adaptation to Business Growth Automated AR solutions can easily scale to accommodate increasing transaction volumes, ensuring that processes remain efficient as the business expands. Audit trails to track every AR transaction securely.

Accounts Receivable (AR) 40

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

Emagia

MARCH 3, 2025

Invoice Generation and Delivery Invoices should be accurate, detailed, and sent promptly after the transaction. High Days Sales Outstanding (DSO) Regularly analyze DSO metrics and adjust credit policies accordingly. Late payments, invoice disputes, high DSO, and inefficient manual processes are common challenges.

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Emagia

MARCH 10, 2025

In the FMCG sector, where transaction volumes are high, efficient cash application ensures that accounts receivable are updated promptly, reducing days sales outstanding (DSO) and improving working capital. Can automation reduce DSO (Days Sales Outstanding) in FMCG? Can automation reduce DSO (Days Sales Outstanding) in FMCG?

Cash Applicator 40

Cash Applicator Days Sales Outstanding DSO Automated Cash Application 40

SAP Credit Management

AUGUST 24, 2023

Operational data provisioning supports mechanisms to load data incrementally, e.g., from extractors, ABAP CDS Views and a DSO objects (see below). .: ECC S/4 HANA BW BW/4 HANA The Xtract ODP component acts as a subscriber (consumer) and subscribes to a data provider, for example to an SAP Extractor or to a CDS View.

DSO 148

DSO Default Transactions 148

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. By empowering individuals within each function to mitigate risks within their domain, you can strengthen your overall risk management framework.

Accounts Receivable (AR) 130

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

Emagia

APRIL 10, 2025

According to Deloitte, finance teams still spend 6070% of their time on transactional work instead of driving strategic insights. Cash flow forecasting remains highly inaccurate, especially during peak seasons and launches, costing companies millions in working capital inefficiencies.

Deductions 49

Deductions DSO Credit and Collections Cash Applicator 49

Your Virtual Credit Manager

JANUARY 3, 2023

Clear from your AR ledger as many of the clutter transactions as possible. 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.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Emagia

DECEMBER 30, 2024

The Role of Debits and Credits in Accounting In accounting, debits and credits are fundamental concepts used to record transactions. Debits (Dr) and credits (Cr) are entries made in account ledgers to reflect changes in value due to business transactions. Frequently Asked Questions Is accounts receivable a debit or credit?

Accounts Receivable (AR) 40

Accounts Receivable (AR) Days Sales Outstanding Credit and Collections Bad Debt 40

Emagia

JANUARY 2, 2025

AIs ability to scale quickly also means that businesses can handle growing transaction volumes without increasing costs. Scalability AI systems can efficiently manage increasing volumes of transactions, allowing businesses to scale their AR processes without the need to hire additional staff.

Accounts Receivable (AR) 40

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

Lockstep

JULY 20, 2022

With inflation discussions dominating the conversation today, it is more important than ever to decrease your days sales outstanding (DSO). Paper checks require significant manual processing, which can lead to payment errors, increased DSO, and late payments. . However, that doesn’t make them the most efficient. Learn More.

Electronic Funds Transfer 87

Electronic Funds Transfer DSO Days Sales Outstanding AR Automation 87

Gaviti

JANUARY 26, 2025

In the evolving world of B2B transactions, the importance of payment portals has become undeniable. Implementing an advanced accounts receivable portal ensures your business can handle larger transaction volumes while maintaining excellent service quality. Schedule a demo to learn more.

Payment Portals 52

Payment Portals Credit and Collections Cash Applicator Invoice to Cash 52

Emagia

FEBRUARY 20, 2025

AI-Powered Analytics Emagia leverages AI to provide real-time insights into key AR metrics, such as Days Sales Outstanding (DSO) , collections performance, and cash flow forecasting. Industries with high transaction volumes, such as finance, healthcare, manufacturing, retail, and logistics, benefit significantly from AR automation solutions.

AR Automation 40

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

Your Virtual Credit Manager

APRIL 25, 2023

The bottom line was a 13 percent reduction in DSO over a 6 month period in conjunction with invoice accuracy rising above 90 percent. Share The Importance of Aligning Sales and Credit It is important to keep in mind that trade credit — transactions between companies — is very different from commercial lending.

Credit and Collections 130

Credit and Collections Past Due Invoices Collector Deductions 130

Gaviti

AUGUST 27, 2024

A vendor solution that was built ahead of time to accommodate a wide range of industries and business transactions should be easily scalable to accommodate your growing business needs. Make better credit decisions, lower DSO, and reconcile payments with near perfection. Scalability. A shorter implementation time. Collections Analytics.

DSO 92

DSO Credit and Collections Deductions Payment Portals 92

Emagia

FEBRUARY 3, 2025

Communication Gaps : Poor communication between the business and the customer can lead to misunderstandings regarding the terms and expectations of the transaction. Impact: Increased Days Sales Outstanding (DSO). Here are some of the key challenges businesses face when managing disputes in accounts receivable: 1.

DSO 40

DSO Accounts Receivable (AR) Days Sales Outstanding Transactions 40

Lockstep

MAY 19, 2022

Lockstep Inbox can automatically organize emails and documents by subject and issue for specific vendors, customers, and transactions. Accounts receivable automation elevates your payments strategy and reduces DSO by 30%. As needed, accounting teams can upgrade to paid plans that have advanced automation. Learn More.

Accounts Receivable (AR) 114

Accounts Receivable (AR) DSO Transactions 114

Grit

MAY 26, 2024

Automated systems can handle large volumes of transactions with minimal human intervention, reducing the time and effort required for manual processing. The assigned employee can oversee all transactions and communications with their designated group, providing tailored support and promptly addressing customer needs.

Collection Effectiveness Index 90

Collection Effectiveness Index Days Sales Outstanding Credit and Collections Bad Debt 90

Gaviti

JULY 24, 2024

Once paid, the A/P team records the transaction. Gain a holistic view of your A/R and collections status, including critical metrics such as DSO, total A/R, collections rate, and others that impact your cash flow. Sometimes, the team might wait until the deadline to hold on to cash for emergencies. Collections analytics.

Credit and Collections 98

Credit and Collections Bad Debt Payment Portals Cash Applicator 98

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. TreviPay’s patent-pending innovative B2B payment technology authorizes, clears and settles net terms transactions over an open-loop network utilizing the Mastercard payment network.

DSO 71

DSO Transactions 71

Emagia

FEBRUARY 20, 2025

Automating these processes not only enhances accuracy but also ensures timely collections, thereby improving cash flow and reducing the days sales outstanding (DSO). Setting Clear Objectives for Automation Define specific goals for AR automation, such as reducing DSO, lowering operational costs, or improving customer satisfaction.

AR Automation 40

AR Automation Credit and Collections Cash Applicator DSO 40

TreviPay

OCTOBER 2, 2024

By utilizing the benefits that trade credit insurance provides, the partnership will enable companies to secure transactions and grow with confidence. Despite this preference, many businesses struggle to offer trade credit to their buyers, due to cash flow strain and concern around growing DSO.

Bad Debt 64

Bad Debt Credit and Collections DSO Transactions 64

Onguard

JULY 25, 2024

3 DSO on the rise in Europe A high Days Sales Outstanding (DSO) means that it takes longer for a company to collect money from its customers after making a sale. 72% of finance professionals in our study expect the DSO to remain the same or increase in 2024. For 11%, cyber security issues complicate the implementation process.

Credit Management 52

Credit Management DSO Days Sales Outstanding Credit and Collections 52

Emagia

DECEMBER 3, 2024

Industries with High Transaction Volumes Certain industries deal with thousands—or even millions—of transactions every month. Retail and Consumer Goods: In industries with thin margins and high transaction volumes, every day of delay impacts cash flow. Let’s explore.

Days Sales Outstanding 52

Days Sales Outstanding DSO Revenue Recognition Credit and Collections 52

The Esker Blog

MAY 16, 2023

So, here’s what we’ve come up with so far: Vision: We spend a lot of time and effort understanding the market and which functionalities are actually helpful to all stakeholders involved in a transaction. CFOs are interested in improving DSO and overall I2C process efficiency as well as obtaining accurate reporting and analytics.

Invoice to Cash 98

Invoice to Cash Cash Applicator DSO Credit and Collections 98

TreviPay

DECEMBER 23, 2024

B2B transactions are often complicated, with friction and complexity slowing down operations. Our composable Order-to-Cash process is designed to streamline the process, drive higher Average Order Value (AOV) and reduce Days Sales Outstanding (DSO).

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Transactions 52

Emagia

NOVEMBER 21, 2023

AI can also improve security by detecting fraudulent transactions in real-time and reducing false positives to enhance user trust. How can AI help decrease DSO (Days Sales Outstanding)? Reducing Days Sales Outstanding (DSO) is a perpetual challenge, and AI emerges as a strategic ally in this pursuit. The short version is: yes.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Cash Applicator 52

Gaviti

MARCH 21, 2023

While this may result in small transaction fees or tracking difficulties, at least you will be collecting the money that is owed for goods and services rendered. However, do you still find that your days outstanding, or DSO , is on the rise? Work with the customer and see if you can come up with an alternative payment method.

Payment Portals 78

Payment Portals DSO Alternative Payment Methods Dashboards 78

apruve

JULY 25, 2022

These platforms digitalize workflows and automate repetitive and time-consuming tasks, allowing A/R teams to manage a growing customer base more efficiently while reducing Days Sales Outstanding (DSO). Leverages AI to flag transactions that may be a problem and to provide insights into customer behavior. What Sets HighRadius Apart.

DSO 52

DSO Credit and Collections Order to Cash Days Sales Outstanding 52

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash (Invoice-to-Cash) cycle: accounts receivable teams trust Serrala Radically simplify even the most complex transactions, automate invoice posting, get paid quicker and with full visibility and compliance across your entire customer ecosystem. Bild What can our Invoice-to-Cash solutions do for you?

DSO 52

DSO Invoice to Cash Days Sales Outstanding Insurance Companies 52

Gaviti

SEPTEMBER 2, 2024

ERP dunning emails are transactional emails sent to customers with their account and invoice information to remind them of their due payments. VP of Sales) and escalations to the customer can help reduce your DSO. See your DSO drop within a few months. What are ERP Dunning Emails? It isn’t intuitive. Data-driven. More accurate.

Collections Automation 52

Collections Automation DSO Days Sales Outstanding Dashboards 52

Gaviti

SEPTEMBER 2, 2024

ERP dunning emails are transactional emails sent to customers with their account and invoice information to remind them of their due payments. VP of Sales) and escalations to the customer can help reduce your DSO. See your DSO drop within a few months. What are ERP Dunning Emails? It isn’t intuitive. Data-driven. More accurate.

Collections Automation 52

Collections Automation DSO Days Sales Outstanding Dashboards 52

Serrala

MARCH 14, 2024

Eliminating or reducing many of the problems caused by difficult manual payments processes, including low and slow conversion, high DSO, matching problems, a lack of visibility, time and money wasted chasing payments. As a result, Kingpolis reduced their average DSO from 26 to 14 days and saved over 60% on their print costs by digitizing.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Default 52