Your Virtual Credit Manager

APRIL 11, 2023

To avoid the delays associated with checks and otherwise not providing customers with their preferred method of payment, businesses should offer multiple payment options including credit card payments over the phone, online payments via ACH or credit card, and other automatic payments.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 130

Know-It Global

APRIL 13, 2023

This is why it’s crucial that businesses get a firm grip of their cashflow, and one of the most effective ways to maximise your cashflow is by reducing your debtor days. What are debtor days? Debtor days, or as some call days sales outstanding (DSO), is a measure of how long it takes for a company to collect payment from its customers.

Credit and Collections 97

Credit and Collections Days Sales Outstanding Credit Scoring DSO 97

Your Virtual Credit Manager

JULY 25, 2023

Here are the KPIs you will need at a minimum: Days Sales Outstanding (DSO) - This metric tells you how fast you are converting your sales into cash. Move your smallest customers onto credit cards at the time of purchase. The point is, you should be doing everything you can to reduce terms inflation.

Best Possible DSO (BPDSO) 130

Best Possible DSO (BPDSO) DSO Cash Forecasting Credit and Collections 130

Abrigo

JANUARY 18, 2017

Dashboards : Software that creates dashboards can help monitor changes in Days Sales Outstanding, identify the biggest credit risks and the receivables with balances over 75 days past due, flag increases in inventory days. Other digital payment options : Amazon Payments, PayPal, Apple Pay.

Days Sales Outstanding 88

Days Sales Outstanding Credit Card Payments Credit and Collections Dashboards 88

TreviPay

AUGUST 11, 2023

Credit cards and virtual cards 48% of businesses surveyed in one recent study use credit card payments for B2B transactions. They have the same reasons as consumers do.

Credit Card Payments 52

Credit Card Payments Accounts Receivable (AR) Days Sales Outstanding Transactions 52