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Blog Collection effectiveness index (CEI): Measure and improve your AR performance In another blog post, we discussed Days Sales Outstanding (DSO) and its impact beyond the finance department. We also shared how DSO, while offering valuable insight into accounts receivable (AR) performance, isn’t the best metric for measuring collector effectiveness. In this post we’ll discuss another metric used by finance professionals, that when coupled with DSO, tells a more holistic credit and collections story.
Blog Days Sales Outstanding (DSO) Formula and Importance Days sales outstanding (DSO) measures the number of an average day's sales that are in receivables awaiting collection.
Blog 5 famous ERP myths shattered Major misconceptions and myths about ERPs have led to very costly and damaging mistakes for even the biggest corporations.