The 6 rules to manage inventories and optimize WCR
WCR or working capital requirement is a critical indicator for any business that is subject to delays between making and receiving payments.
Trade and distribution activities are particularly concerned and should be more closely monitored. Management of customer and supplier debt is essential...
06-03-2019
Zoom on credit analysis
Find here our tutorial about credit analysis, sometimes ignored, often neglected, especially in small and medium-sized enterprises, which are the most fragile in front of unpaid invoices.
Credit analysis is not just an activity of bankers, far from it!
It should be carried out by any entity...
05-15-2019
QuickBooks users, improve your cash collection with few clicks
Are you a Quickbooks user? Get your data in My DSO Manager in a few clicks thanks to the connector accessible from your account. You can use the credit management software immediately without setup cost!
Find My DSO Manager in the App Store of Quickbooks!
Sync your customers and receivable...
04-30-2019
Track your current month's recovery rate on My DSO Manager
Would you like to know the total amount to be collected by the end of the month for your company or by customers' portfolio, and to monitor in real time your progress in the collection of these amounts? To do that, look at the payment schedule report on your My DSO Manager account which now...
03-26-2019
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
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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