Gaviti

APRIL 24, 2024

Regardless of the details of how you set up your dunning workflow, however, you’ll know it’s successful when DSO improves. The Dunning Notice: The Foundation of any Dunning Workflow A dunning notice , or dunning letter, is a document sent to customers at various stages in the dunning process to collect unpaid invoices.

DSO 52

DSO Credit and Collections Bad Debt Days Sales Outstanding 52

The Esker Blog

DECEMBER 13, 2022

Talent attraction & retention Pace of digitalization & innovation Security risks & data breaches Increasing bad debt. Within the invoice-to-cash (I2C) process, there are many areas that AR leaders could focus on. Is your DSO longer than the industry average? Rethink processes. Be a detective.

Accounts Receivable (AR) 97

Accounts Receivable (AR) DSO Bad Debt Invoice to Cash 97

Gaviti

MARCH 4, 2024

Once an invoice hits accounts receivable (A/R), it enters what’s called the average collection period. Other common names include “days sales in accounts receivable,” “average receivables collection period,” or “ days sales outstanding (DSO).” Or you can channel some of that cash for investment purposes. It raises profitability.

DSO 52

DSO Credit and Collections Days Sales Outstanding Credit Sales 52

Gaviti

MARCH 6, 2023

This helps keep payments up-to-date so businesses can reduce their exposure to bad debt and late payments. They have already done the research on what creates friction-free processes to boost cash flow and have created user-friendly tech solutions that meets and exceeds those needs.

Cash Applicator 52

Cash Applicator Order to Cash Cash Forecasting Bad Debt 52

Gaviti

APRIL 11, 2024

How much cash is the company gaining or losing? How much bad debt does the company have, and how has this changed over time? Are there invoice processing delays? The most common is DSO. This measures how quickly customers pay their invoices. Cash application. What is the company’s financial position?

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

APRIL 18, 2024

This ensures your invoicing processes are aligned with their accounts payable. It also helps provide documentation in the event that your company has bad debt that it is able to take as a tax deduction. Get a comprehensive dashboard that gives you real-time insights into critical metrics that directly affect your cash flow.

AR Aging 52

AR Aging Credit and Collections Bad Debt Accounts Receivable (AR) 52

Gaviti

NOVEMBER 27, 2023

The Benefits of an Effective Dispute Resolution Strategy By documenting your dispute resolution strategy and using an invoice-to-cash A/R platform, you can ensure that your strategy is both effective and that your entire A/R team is on the same page when it comes to dispute management. A more efficient use of time and resources.

Invoice Disputes 52

Invoice Disputes Credit and Collections Deductions Invoice to Cash 52