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7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

Make paying as easy as possible by giving customers many payment options, including credit or debit cards, digital payments, check, bank transfers, etc. Self service customer payment portals also offer another convenient payment channel that minimizes errors, encourages timely payments and improves overall customer satisfaction.

DSO 52
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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

For example, some might prefer to pay in person via credit or debit card. Others might like to pay online. Credit management and monitoring. Send online credit applications to existing and potential customers to evaluate customer’s creditworthiness. Disputes and deductions.