Strategies to improve your AR turnover ratio include tightening credit policies, offering discounts for early payment, and implementing efficient collections processes. Additionally, conducting regular credit checks on customers, setting clear payment terms, and promptly addressing overdue accounts can help accelerate cash inflows and enhance the turnover ratio.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
