Gaviti

APRIL 3, 2024

When accounting departments want a quick evaluation of the health of a business, they often look at their DSO, or days sales outstanding. Traditionally, a low DSO indicates that your company has capital available and is in good financial standing. This includes both current, past and overdue invoices. monthly, quarterly or annually).

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Gaviti

MARCH 21, 2023

Another way to address this is to use a payment portal with many different payment options, allowing the customer to choose the payment method most comfortable for them without requiring any extra work from you. However, do you still find that your days outstanding, or DSO , is on the rise? Have a payment portal.

Payment Portals 78

Payment Portals DSO Alternative Payment Methods Dashboards 78

Gaviti

JANUARY 16, 2023

By applying these same principles to your collections workflows, you can improve your cash flow and reduce your Days Sales Outstanding (DSO). If you send your first dunning email on or after the payment due date, you are already running late and unnecessarily increasing your Days Sales Outstanding (DSO).

DSO 98

DSO Days Sales Outstanding Payment Portals 98

Gaviti

FEBRUARY 13, 2023

Gaviti is a collections platform designed for easy integration with your company, reducing DSO so you can maintain a high cash flow for your company while reducing the need for reserves and write-offs. Contact us today or book a demo to learn how Gaviti can help your company improve your DSO and accounts receivable process!

DSO 52

DSO Credit and Collections Payment Portals 52

Gaviti

FEBRUARY 18, 2024

Ensure accurate invoice reconciliation through multiple banks with Gaviti’s customer payment portal. Track key metrics such as DSO, credit risk exposure, and credit utilization and apply them to automatically set credit limits based on creditworthiness and customer risk. Self-Service Payment Gateway. Cash Application.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

FEBRUARY 18, 2024

Ensure accurate invoice reconciliation through multiple banks with Gaviti’s customer payment portal. Track key metrics such as DSO, credit risk exposure, and credit utilization and apply them to automatically set credit limits based on creditworthiness and customer risk. Self-Service Payment Gateway. Cash Application.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

The Esker Blog

JANUARY 3, 2023

Days Sales Outstanding (DSO) is a common measure for how long it takes a company to collect on an invoice. The goal is to reduce DSO to have the lowest DSO possible and quickly recover payment on accounts receivable (AR). DSO = ($125,000 / $950,000) × 365 days = 48. Check out Esker’s payment portal.

DSO 98

DSO Accounts Receivable (AR) Credit and Collections Days Sales Outstanding 98