Your Virtual Credit Manager

JANUARY 3, 2023

Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. Eventually, the amount of AR over 60 days past due increased to over 50 percent of total receivables. Email YVCM about Consulting

AR Automation 130

AR Automation Collector Credit and Collections DSO 130

Gaviti

SEPTEMBER 7, 2023

DSO Formula (Ending Total Receivables ÷ Total Credit Sales) x Number of Days What Is the ‘Best Possible’ DSO? How To Improve Your DSO DSO improvement is synonymous with improving cash flow and credit management. This generally manifests as monthly, quarterly or annually.

DSO 52

DSO Days Sales Outstanding Past Due Invoices Credit and Collections 52

Your Virtual Credit Manager

SEPTEMBER 19, 2023

Such risk-based pricing is facilitated by grouping all high credit risk accounts into a classification that gets charged top dollar for your goods and services. It involves intensive management of the customer’s total receivable balance supported by a substantial reduction in their credit limit.

Credit and Collections 130

Credit and Collections Default Bad Debt Credit Risk 130

Your Virtual Credit Manager

AUGUST 29, 2023

Use the following formula to determine your CEI: (Beginning receivables + Monthly credit sales - Ending total receivables) ÷ (Beginning receivables + Monthly credit sales - Ending current receivables). Then multiply the answer by 100 to get a percentage.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130