Are Your Profits Going Up in Smoke?
Your Virtual Credit Manager
SEPTEMBER 13, 2022
Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. One company that took a Six Sigma approach to eliminating deductions realized a 15 percent improvement to DSO. The second is knowledge of your Order-to-Cash process.
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