Improve Cash Flow by Managing Your Receivables Effectively
Don't let unpaid invoices drag down your cash flow. This service provides a clear picture of your outstanding accounts receivable status.
What's Included:
- Generation of a detailed A/R Aging Report from your sales/invoice data, showing balances by overdue period (0-30, 31-60, 61-90, 90+ days).
- Calculation of your current Days Sales Outstanding (DSO) metric.
- Analysis highlighting key overdue accounts and concentration risks.
- Recommendations for improving collections based on the analysis (optional strategy discussion).
Benefits:
- Prioritize collection efforts effectively.
- Identify customers with recurring payment issues.
- Monitor the health of your cash collection cycle (DSO).
- Reduce the risk of bad debts.
Requires access to your invoicing/receivables data. Get a clear view of your Account Receivables!