Your Virtual Credit Manager

FEBRUARY 27, 2024

In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular. The experts at Your Virtual Credit Manager can help you bring in the cash. Are there past due accounts you are trying to collect?

Accounts Receivable (AR) 130

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

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?

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

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. That all the above consequences can present themselves simultaneously, only makes the downside worse. Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it. An under performing AR.

Bad Debt 130

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

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Emagia

JANUARY 22, 2023

Intelligent forecasting and budgeting supported by automation tools can present unbiased insight into actionable items to help improve the top line, bottom line, and cash flow. Automation helps the bottom line and cash flow: Let us take an example of how AR automation can help the company in multiple ways.

Days Sales Outstanding 52

Days Sales Outstanding AR Automation Order to Cash DSO 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).

DSO 59

DSO Days Sales Outstanding Alternative Payment Methods Credit and Collections 59

Onguard

DECEMBER 9, 2022

The amount of data available makes it possible for a finance professional to actually look at past and present. 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. Descriptive: or the descriptive use of big data.

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Credit Management 52