The average days delinquent is a metric used to measure the average number of days that outstanding invoices remain unpaid beyond their due dates. It provides valuable insight into the timeliness of customer payments and the effectiveness of credit management efforts. Monitoring this metric helps businesses identify trends in payment behavior, assess credit risk, and implement strategies to reduce delinquencies.
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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.