True DSO: better and more reliable than the traditional DSO metric
If you analyse your receivables the way most companies do - with Days Sales Outstanding (DSO) - you probably know less about your receivables than you think. There's a better metric that can also improve your cash flow forecasts: True DSO.
What late payments actually cost
Few company leaders know their days sales outstanding (DSO), although it is an important indicator of free cash flow growth. In this context, what is the potential for saving interest and increasing cash flow?
Dunning made easy
Writing and formulating a reminder? What if the customer does not pay the invoice? We show how the dunning procedure works.
Avoid late payments: Know the reasons and act in time
Almost every fifth invoice is not paid on time. This is not only a nuisance, but can jeopardize the very existence of a company. But why do so many customers fail to pay on time?
How to become a digitalization pioneer in finance?
Innovation and digital transformation in finance are paying off. The Hackett Group has quantified the positive effects and named the areas in which digitalization pioneers in finance excel.
The true cost of bad debt
The default of a major customer often becomes a question of existence for small and medium-sized enterprises. How can the risk of default be mitigated and the costs caused by late payment be reduced?
Effective receivables management
How to master crises successfully
Those who keep an eye on key figures and continually adapt their business model to new market conditions steer companies through turbulent times.