Days Sales Outstanding, or DSO, is commonly used as a benchmark to the efficiency and effectiveness of the accounts receivable department. Especially when management reports are created, CFOs, CEOs and owners are looking towards this key metrics to decide whether the accounts receivable department is doing their job well. Unfortunately for the AR department, this
Days Sales Outstanding, or DSO, is an extremely common calculation to use as a benchmark of performance in the accounts receivable department. Usually, a controller or CFO will look at this number as a way to gauge how well the accounts receivable department is doing their job, as this calculation will tell you how effective
Companies across industries and of various shapes and sizes have trouble collecting invoices on time, but before you can solve the problem, you must identify what exactly is causing it. Are your accounts receivable problems due to poor invoicing procedures, incorrect information, a lack of resources? Below are 5 of the most common issues we’ve
Anytime Collect is a leading CLOUD-BASED accounts receivable software. Made specifically for businesses selling on credit terms, Anytime Collect AUTOMATES invoice dispute management, cash forecasting, customer communications, invoice presentment, online bill pay and credit management. The entire collections process becomes QUICKER AND EASIER.