Gaviti

NOVEMBER 29, 2022

It also gives companies the ability to move away from manual tracking in spreadsheets, to a real-time dashboard, which saves time and gives a full and reliable visualization of the current state of collections. So, how can using a collection dashboard help, and why is it so indispensable as a growth tool? Days Sales Outstanding.

Dashboards 52

Dashboards Average Days Delinquent Credit and Collections Cash Forecasting 52

Your Virtual Credit Manager

JANUARY 17, 2023

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. A chemical distributor did just this by providing their Salesforce with a dashboard to monitor each region’s receivables portfolio. Revenue or Profits?

Credit and Collections 246

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Gaviti

JANUARY 2, 2024

Here’s the formula for Average Days Delinquent: ADD = Days Sales Outstanding (DSO) – Best Possible Days Sales Outstanding (BPDSO) Note the role of the DSO metric in this calculation. If you need help with this, check out how to calculate DSO. But note that CEI is more accurate when measuring collections in shorter periods.

Collection Effectiveness Index 52

Collection Effectiveness Index Average Days Delinquent DSO Days Sales Outstanding 52

Gaviti

MARCH 3, 2024

This helps to speed up the entire invoice-to-cash cycle, reducing Days Sales Outstanding (DSO) and improving cash flow. Download the Ebook How Gaviti Automates the Account Receivables Process By automating the A/R process with Gaviti, businesses have been able to reduce their DSO by 30% – 50% in less than 6 months. It costs less.

DSO 52

DSO Credit and Collections Days Sales Outstanding Cash Applicator 52

Gaviti

MARCH 21, 2023

However, do you still find that your days outstanding, or DSO , is on the rise? One A/R processing challenge that often leads to higher DSO is when customers find it hard or inconvenient to make a payment. Try to consolidate your data as much as possible into one particular book, service, or A/R solution.

Payment Portals 78

Payment Portals DSO Alternative Payment Methods Dashboards 78

Gaviti

JANUARY 7, 2024

While Netsuite offers an analytics dashboard and financial metrics, an A/R invoice-to-cash management platform focuses on KPIs, internal metrics and external data relevant to the A/R team. Book a demo today to see how Gaviti works. Customized reports.

Invoice to Cash 52

Invoice to Cash Credit and Collections Collector Deductions 52

Gaviti

NOVEMBER 7, 2022

Before companies had dashboards and other features of automated accounts receivable tools, finance professionals did all the heavy lifting. At the same time, the worth of shaving even one day off your DSO increases. Want to know what your DSO is? It shows that on a centralized dashboard too.

DSO 52

DSO Credit and Collections Dashboards Cash Forecasting 52