The Essential Guide to Days Sales Outstanding
Get ahead of major cash flow problems for your business by monitoring your DSODays sales outstanding, or DSO, is the average number of days it takes a company to collect payment after a sale has been made. The longer a company must wait on payment services rendered or products delivered, the less cash the business will have available to cover expenses or fund growth. If customers routinely pay late, causing a high DSO, the business may not be properly evaluating the credit risk of its customers.
Report Snap Shot
- Increase your AR staff productivity without increasing headcount
- Increase speed of payment collection
- Better predict cash flow with total cash visibility and AR payment prediction