The average industry-wise allowance for doubtful accounts varies depending on factors such as sector stability, customer credit risk, and economic conditions. Typically, industries with higher credit risk or volatile market conditions may maintain a higher allowance percentage compared to more stable sectors.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Recommended Digital Assets for You
Suggested Resources
Deloitte: Using AI & Analytics to Improve Finance Operations
Improve Cash Flow with the Solix Big Data Suite and Emagia
Emagia Analytics for Oracle Financials
Reimagining the Enterprise with 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
