To reduce Days Sales Outstanding (DSO), focus on optimizing accounts receivable processes. Implement efficient invoicing systems to promptly send invoices upon completion of transactions. Offer discounts for early payments to incentivize prompt settlement, and establish clear credit policies to minimize payment delays and improve cash flow. Regularly monitor and follow up on overdue accounts to expedite payment collection and reduce DSO.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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