Your Virtual Credit Manager

DECEMBER 19, 2023

As part of that budget, you have likely made some accommodation for your accounts receivable (AR), probably in the form of a Days Sales Outstanding (DSO) objective based on past performance. Also, are you leaving money on the table by not being aggressive enough with your goal?

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DSO Third Party Collections Credit and Collections Deductions 130

Emagia

FEBRUARY 5, 2023

Businesses need quick order to cash conversion that is supported by an efficient account receivable processes. Cash flow and working capital benefit substantially from a reduced days sales outstanding (DSO) achieved with the help of AR automation tool.

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AR Automation Days Sales Outstanding DSO Credit and Collections 52

The Esker Blog

FEBRUARY 28, 2023

This makes me think about companies and the internal processes they use every day. For instance, the credit department’s goals might include reducing their days sales outstanding , strengthening customer relationships, and increasing staff efficiency.

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Days Sales Outstanding Order to Cash 52

Your Virtual Credit Manager

APRIL 11, 2023

In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it. Any O2C friction that results will ultimately have a negative affect on AR performance. An under performing AR.

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

Emagia

JANUARY 22, 2023

CFOs and finance leads must review the day-to-day activities throughout the finance and accounting to understand what can, or should, be automated so that the appropriate tools can be implemented. Automation helps the bottom line and cash flow: Let us take an example of how AR automation can help the company in multiple ways.

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Days Sales Outstanding AR Automation Order to Cash DSO 52

Onguard

DECEMBER 9, 2022

Is it then that the technology is still not valuable for the order-to-cash process? In fact, RPA is already transforming the order-to-cash process today. It’s going to help customers avoid payment problems and this in turn reduces Days Sales Outstanding (DSO) and increases cash flow at organisations.

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Order to Cash Days Sales Outstanding DSO Credit Management 52

Onguard

DECEMBER 9, 2022

Is it then that the technology is still not valuable for the order-to-cash process? In fact, RPA is already transforming the order-to-cash process today. It’s going to help customers avoid payment problems and this in turn reduces Days Sales Outstanding (DSO) and increases cash flow at organisations.

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Credit Management 52

TreviPay

JANUARY 7, 2023

But while cash is still king, businesses must shift some of their financial focus to working capital management — because that’s what keeps your business on the path to scalable growth. Working capital management aims to decrease the amount of time it takes to receive cash after a sale, or days sales outstanding (DSO).

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DSO Days Sales Outstanding Alternative Payment Methods Credit and Collections 59

Emagia

MAY 25, 2023

The Formula of the Cash Conversion Cycle (CCC) and How to Calculate It Calculating the CCC is crucial for companies aiming to monitor cash flow, inventory management, and sales realization since it assists in assessing their operational efficiency and financial performance. This can result in inefficiencies and a lengthier CCC.

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DSO Days Sales Outstanding Brokerages Order to Cash 52

Your Virtual Credit Manager

AUGUST 29, 2023

These can include: Too little time spent collecting (due to other priorities or lack of staff) Lack of training and experience Order-to-cash (O2C) process breakdowns or weaknesses Credit policy too lenient Invoice accuracy issues Collection strategy not effective Economic headwinds And, the list goes on.

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DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

Your Virtual Credit Manager

FEBRUARY 21, 2023

That certainly holds true for business processes, including the management of your Accounts Receivable (AR) and the part it plays in the order-to-cash process. If your AR is deteriorating, you better diagnose the problem as quickly as possible so you don’t incur cash flow problems and bad debt losses.

DSO 130

DSO Credit and Collections Collection Effectiveness Index Bad Debt 130

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Radically simplify even the most complex transactions, automate invoice posting, get paid quicker and with full visibility and compliance across your entire customer ecosystem. Your people spend less time chasing invoices, and more time adding value.

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DSO Credit and Collections Days Sales Outstanding Invoice to Cash 52

Serrala

MARCH 14, 2024

Serrala helps you reduce the burden of financial management on your teams with intelligent invoice-to-payment, invoice-to-cash and treasury automation solutions that unify your business’s finances, boost decision velocity, and let you apply working capital quickly and accurately to strategic and tactical concerns.

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DSO Invoice to Cash Days Sales Outstanding Credit and Collections 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). Named as a Leader in Gartner’s 2022 Magic Quadrant for Integrated Invoice-to-Cash (I2C) Applications.

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DSO Credit and Collections Order to Cash Days Sales Outstanding 52

Gaviti

SEPTEMBER 19, 2022

Monitoring AR metrics like days sales outstanding ( DSO ) is one of the best places to start. There’s a reason that DSO is a critical metric for finance teams: It’s telling of the order to cash cycles and cash flows, directly impacting the financial health of firms.

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AR Automation DSO AR Metrics Accounts Receivable (AR) 52