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Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

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.

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How to Improve Task Prioritization for A/R Collections Teams

Gaviti

Start small with these core KPIs and then expand your options as the need arises: Days Sales Outstanding: It gauges how long it takes for customers to pay their invoices. Accounts Receivable Turnover: This metric measures how quickly customers pay off their debt. Book a demo today to see how it works.