The DSO Calculation (Days Sales Outstanding)
DSO, Days Sales Outstanding Calculation as number to measure the efficiency of your collections.
Are you collecting your invoices effectively?
In light of the fact that DSO alone does not accurately measure performance in credit and collection, we can now arm ourselves with 2 more indicators for accurately measuring performance; CEI (Collection Effectiveness Index) and ADD (Average Days Delinquent)
In the World of Accounts Receivable Best Practices
Best practices, AR improvement strategies, “credit to cash” cycle success
Autocash Lockbox Processing
Autocash Lockbox Processing. Standard bank file formats BAI. BAI2, difference between EDI820 and EDI823