Credit Research Foundation

APRIL 12, 2024

In essence, the customer has payment options that, coupled with today’s digital platforms, provide a seamless opportunity in the order-to-cash process. In many cases the customers will choose the option that provides them with the greatest value, and when offered, gives the supplier a competitive advantage against its competition.

Credit Card Companies 195

Credit Card Companies B2B Credit Bad Debt DSO 195

TreviPay

JANUARY 7, 2023

Working capital management aims to decrease the amount of time it takes to receive cash after a sale, or days sales outstanding (DSO). One of the most common causes of extended DSO is uncollected sales. In fact, according to a study of 27,000 companies around the world, DSO averages 64 days.

DSO 59

DSO Days Sales Outstanding Alternative Payment Methods Credit and Collections 59

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. Maybe you have factored in an incremental improvement in DSO, but how much thought have you given to how you are going to meet that budgeted goal?

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

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

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. During 1995, DSO was reduced by an additional 10 percent, and bad-debt write-offs cut in half. This included a 100 percent increase in past due collected.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 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. How Does an Efficient AI-powered AR Software Benefit Businesses?

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 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. 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