AR management performance can be measured through several methods. Utilize aging reports to track the time it takes to collect outstanding balances and identify areas needing improvement. Calculate key performance indicators (KPIs) such as Days Sales Outstanding (DSO) and the percentage of overdue accounts to gauge efficiency and effectiveness. Additionally, customer satisfaction surveys and feedback mechanisms can provide valuable insights into AR process effectiveness and areas for enhancement.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Recommended Digital Assets for You
Suggested Resources
10 Reasons to Embrace Receivables Analytics
Data-driven Finance
Reimagining the Enterprise with AI
Intelligent Order-to-Cash Through Analytics, Automation, and AI
Add AI to Your Order-to-Cash Process
AR Automation for JD EDwards
AR Automation for SAP
AR Automation for Oracle
AR Automation for NetSuite
AR Automation for PeopleSoft
