Zoom on the DSO
The DSO, which stands for Days Sales Outstanding, can be calculated in different ways. It is an important indicator that directly affects the company's working capital requirement (WCR). It represents the number of days of turnover invoiced and not yet cashed in. Sometimes misunderstood, its...
03-15-2019
News of My DSO Manager
Web-based SaaS software for cash collection and dispute management, customer risk and performance management, ..., My DSO Manager is distinguished by its quality and ergonomics, its ease of implementation and its flexibility .
The solution is for all sizes of companies, from very small to large...
03-07-2019
Tutorials about collection levels have been updated
Time passes and receivable management methods evolve.
If the postmail letter was a much used dunning action in the past, it is now almost obsolete except for sending the formal notice.
Times are also shortening naturally because of the demand for quicker results and the improvement of...
02-06-2019
Credit Manager: Anatomy of an unusual species
Representing a fashion function in large companies, the Credit Manager remains an unusual species.
Sometimes positioned under the commercial management (to avoid), often under the financial management (highly recommended), it is functionally halfway between the two worlds, isolated in the no...
12-07-2018
New tutorial about productivity in credit management
Productivity is often needed and required by management. It can lead to financial improvements (but not only) or to an erosion of the quality of internal processes.
What type of productivity is suitable to credit management functions?
Read our tutorial
12-07-2018
Late payment penalties
Late payment penalties
How to use late payment penalties to educate customers to pay on time? What are the rules to apply them depending on the country?
Why should you use a cash collection software?
Cash is the lifeblood of any business. Cash makes possible to meet its obligations to its suppliers and financial partners.
Cash allows the payment of salaries, and provides the ability to invest and develop the business.
This assumption is generally accepted. Almost all leaders and business...
10-01-2018
Credit Management tools
Calculate and drive the working capital of your business!
Working capital requirement is the amount needed to finance the operation of the business and the difference between disbursements and receipts.
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