Your Virtual Credit Manager
JANUARY 17, 2023
The sales team learned very quickly that eliminating the friction from the billing and payment processes facilitated earlier customer payments, hence larger commissions. 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.
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. Book a demo today to see how you can get started improving your cash flow with Gaviti.
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Gaviti
MAY 9, 2023
A/R analytics aggregate information from multiple sources and visualize key business indicators such as customer payment trends or days sales outstanding. Organizations focus heavily on the days sales outstanding, but additional options exist. Book a demo to get started.
Gaviti
JANUARY 16, 2023
Take a page from the marketing team’s book. By applying these same principles to your collections workflows, you can improve your cash flow and reduce your Days Sales Outstanding (DSO). Marketing teams use a variety of methodologies and techniques to improve the performance of their email tracks and sequences.
Your Virtual Credit Manager
JULY 11, 2023
Accounts Receivable (AR) is among the three largest assets on most companies’ books — inventory along with plant and equipment are the other two. This article focuses on one widely used metric, Days Sales Outstanding (DSO) and the best ways to understand it.
Gaviti
MARCH 4, 2024
Other common names include “days sales in accounts receivable,” “average receivables collection period,” or “ days sales outstanding (DSO).” Contact us and book a demo today. Once an invoice hits accounts receivable (A/R), it enters what’s called the average collection period.
The Esker Blog
FEBRUARY 28, 2023
Last year at this time, I picked up the book Atomic Habits by James Clear. I was looking for a good, inspirational book that could help me grow and I read a ton of great reviews on the book. According to the book, improving by 1% each day doesn’t simply result in a 365% (or 3.7x) improvement over the course of a year.
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