Improving Days Sales Outstanding (DSO) involves implementing several strategies. Firstly, streamline invoicing processes and promptly send invoices to customers upon completion of goods or services. Secondly, offer incentives for early payment to encourage prompt settlement of outstanding invoices. Lastly, regularly follow up with customers on overdue payments and establish clear credit policies to minimize payment delays and improve cash flow.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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