Your Virtual Credit Manager

APRIL 25, 2023

The bottom line was a 13 percent reduction in DSO over a 6 month period in conjunction with invoice accuracy rising above 90 percent. A chemical distributor did just this by providing Sales with a dashboard to monitor their region’s receivables portfolio. Calculations were included for customer margins and profitability.

Credit and Collections 130

Credit and Collections Past Due Invoices Collector DSO 130

Gaviti

MARCH 21, 2023

However, do you still find that your days outstanding, or DSO , is on the rise? One A/R processing challenge that often leads to higher DSO is when customers find it hard or inconvenient to make a payment. Create a dashboard that updates itself and gives a high-level overview of the KPIs that are important to you.

Payment Portals 78

Payment Portals DSO Alternative Payment Methods Dashboards 78

Gaviti

JANUARY 7, 2024

While Netsuite offers an analytics dashboard and financial metrics, an A/R invoice-to-cash management platform focuses on KPIs, internal metrics and external data relevant to the A/R team. Customized reports. With it, your finance department also develops a reputation of contributing as a revenue generator for your business.

Invoice to Cash 52

Invoice to Cash Credit and Collections Collector Deductions 52

Gaviti

NOVEMBER 7, 2022

Before companies had dashboards and other features of automated accounts receivable tools, finance professionals did all the heavy lifting. At the same time, the worth of shaving even one day off your DSO increases. Want to know what your DSO is? It shows that on a centralized dashboard too.

DSO 52

DSO Credit and Collections Dashboards Cash Forecasting 52

Gaviti

MAY 9, 2023

Before you set up your analytics, decide what is important to you and make sure that you can customize your system or dashboard to highlight the statistics that you want to focus on. Review the following: Days sales outstanding: DSO measures the average number of days it takes for customers to pay their invoices.

Days Sales Outstanding 52

Days Sales Outstanding DSO Collection Effectiveness Index Dashboards 52

The Corcentric Blog

JUNE 27, 2023

The benefits of AR automation are numerous, including improved cash flow, increased efficiency, reduced DSO (days sales outstanding), improved customer experience, and better visibility into and control over working capital. The value of receiving payment sooner, for all invoices, is felt as a direct and immediate reduction in DSO.

AR Automation 52

AR Automation DSO Accounts Receivable (AR) Days Sales Outstanding 52

Collenda

DECEMBER 7, 2021

Companies in this sector that manage to reduce their days sales outstanding (DSO) gain an advantage. Improve liquidity and DSO. Experience shows that companies that optimise their workflows and processes and map them digitally dramatically improve cash flow and days sales outstanding (DSO). Modern software solutions can help.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Dashboards 52

Onguard

OCTOBER 31, 2023

This open communication between departments can not only increase customer satisfaction, but also reduces Days Sales Outstanding (DSO) , meaning outstanding invoices are paid faster. Best of all, it can display real-time data via dashboards and alerts. It provides insight into their needs and risks, and what is expected of each team.

Credit Management 52

Credit Management Days Sales Outstanding Credit and Collections DSO 52

Gaviti

JANUARY 8, 2023

The lower the DSO, the more efficient a company’s collections process is. Gaviti easily tracks and reviews these and other metrics via a centralized dashboard. 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.

Credit and Collections 98

Credit and Collections Days Sales Outstanding DSO High-Risk Accounts 98

Emagia

JULY 3, 2023

Utilizing custom dashboards that offer a thorough view of the important parameters for gauging the efficiency of the cash application team, analyze and reduce the time spent by cash application analysts addressing exceptions. By lowering Days Sales Outstanding (DSO) and increasing cash collections, it boosts cash flow.

Automated Cash Application 52

Automated Cash Application Cash Applicator Days Sales Outstanding AR Automation 52

Gaviti

MARCH 6, 2023

Businesses can reduce DSO and improve cash flow by automating workflows, providing accurate data and reports, and making it easier for customers to pay on time. It also generates vital key performance indicators on a centralized dashboard that you can use for accurate cash flow planning. Book a demo to get started.

Cash Applicator 52

Cash Applicator Order to Cash Cash Forecasting Bad Debt 52

Gaviti

FEBRUARY 5, 2024

Customers who activate this module experience a decrease in the DSO of 35%, and an increase in the rate of paid invoices. Additional Features that Came from Our Customers New Widgets: Now you can personalize your widgets with any data you have in the dashboard and create your own dashboard!

Cash Applicator 52

Cash Applicator DSO Dashboards Credit and Collections 52

Gaviti

APRIL 18, 2024

Get a comprehensive dashboard that gives you real-time insights into critical metrics that directly affect your cash flow. Track a range of traditional KPIs such as Total A/R, DSO, collections rate, and customer risk in addition to unique smart KPIs. Collections analytics. Customer invoice distribution.

AR Aging 52

AR Aging Credit and Collections Bad Debt Accounts Receivable (AR) 52

Serrala

AUGUST 29, 2022

Dashboard Having instant insights is key to understanding the why. A detailed Dashboard will provide insight information so your FTEs can focus on the ‘what’ and ‘how’, creating urgency in making the right decisions, based on real-time customer performance. Is your accounts receivable process ready for an update? Probably yes.

Invoice to Cash 52

Invoice to Cash DSO Dashboards Deductions 52

apruve

JULY 25, 2022

These platforms digitalize workflows and automate repetitive and time-consuming tasks, allowing A/R teams to manage a growing customer base more efficiently while reducing Days Sales Outstanding (DSO). Cforia’s dashboard enables A/R teams to visualize credit, collections, disputes, deductions, cash flow and receivables data in a single place.

DSO 52

DSO Credit and Collections Order to Cash Days Sales Outstanding 52