Blog of the Credit Management and cash collection
Evolution of My DSO Manager graphics!
The online credit management solution is constantly evolving to always provide the best experience to our 10,000 users located in 80 countries!
The design of all the graphics included in My DSO Manager reports has changed.
If it is above all the visual aspect that predominates, new export functionalities are also available, thus facilitating the reporting and the historization of your results.
Some examples of the new graphics:
DSO...
03-11-2021
Is the DSO a key performance indicator?
It is! But under certain conditions because there are as many DSOs as there are companies that use it. My DSO Manager calculates it in real time on an unlimited number of perimeters and thus develops the full power of the indicator.
Do you really understand what the DSO means and what it brings in performance management?
The indicator is not easy to tame. Its fluctuations sometimes leave you speechless, its methods of calculations call out. Badly calculated and badly used, it can generate tensions and strong...
03-09-2021
Why do these companies trust My DSO Manager to manage their cash collection?
750 companies in 80 countries optimize their cash flow and customer satisfaction thanks to My DSO Manager. Ease of implementation, quality, ergonomics and results are acclaimed.
Because My DSO Manager has been able to provide them with a modern, efficient and qualitative solution.
Features at the service of performance, an implementation in 2 or 3 weeks to make your Go Live a success.
Give us up to an hour of your time for a demo and you will see why you could...
03-04-2021
What payment conditions to apply to your customers?
They are the cornerstone of the customer financial relationship and determine when and how your customers will pay you. They must be adapted to the type of client (export, risky, private, etc.) and be part of the commercial negotiation!
Fid out our tutorial about payment conditions. What are they? With what characteristics and above all what advantages / disadvantages in relation to the risk of late payment and non-payment, the cost and the ease of use.
They are adaptable according to the client and the particularities of the...
03-01-2021
The New Normal: Credit Demand in 2021
Very interesting analysis of credit situation in Covid-time done by Gary Mendell, President of Meridian Finance Group
Uncertainty reigns as we move through 2021. States nationwide and countries on every continent are struggling to flatten the growth curve of the pandemic. The human costs of the coronavirus continue to rise while we await widespread vaccination andhope for eventual herd immunity.
However long...
02-25-2021
Learn everything you need about the DSO!
The flagship performance indicator for the management of Accounts Receivable questions in proportion to the interest shown in it. Understand its meaning, calculation methods and limits thanks to our DSO tutorial
Find our tutorial about the Days Sales Outstanding, the main KPI of credit management used by thousands of companies around the world.
The DSO is a popular indicator, of course, but also an indicator that is very often misunderstood and whose sometimes fluctuating results are poorly...
01-19-2021
Tutorial about the use of Tangible Net Worth to assess customer creditworthiness
One of the fundamental principles of credit analysis is to be based on tangible elements. It is precisely the interest of this indicator that tells us about the intrinsical value of a company.
Find our tutorial on the Tangible Net Worth and the place to give to this indicator in any your credit analysis.
While it is not an absolute indicator because other elements must be taken into account, it is particularly interesting and helps to understand the large masses of the balance...
11-26-2020
Tutorial to understand and analyze the balance sheet
As a key element of financial analysis, the balance sheet represents the state of shape of a company when the income statement details the recent ranking. How to interpret it?
Find our tutorial about balance sheet analyze.
What are the great masses to be evaluated, what are the relations between them? What does the balance sheet tell us about business' health?
It is to all of these questions that we will answer in this tutorial which aims to make you realize what...
11-06-2020
Evolution of reports in My DSO Manager
With ever more flexibility and possibilities; thanks to ergonomics making all the functions accessible to all users, My DSO Manager is evolving to facilitate your company's cash recovery every day.
Find out now the changes made to My DSO Manager reports, which provide more flexibility and thus allow a more in-depth analysis.
Clients groups ? it is now possible to simultaneously select several groups and to perform searches by entering the first characters of the groups sought.
...
11-04-2020
How to assess the Profit and Loss account?
As an essential step in credit analysis, the interpretation of the income statement provides key information to assess the solvency and sustainability of a company.
Find our tutorial on the first part of the financial analysis of a company concerning the income statement and the resulting indicators.
Whether it is to estimate the value of a business or to determine a credit limit in the context of a business relationship, P&L analysis is a key and...
10-29-2020
Why and how to find information about your prospects and customers?
Anticipate rather than cure. The adage so often used applies perfectly to the profession of credit manager. How to anticipate? How to find data about creditworthiness of your customers?
Find our tutorial of information to obtain in order to assess the risk of default with its customers.
What information is needed? How to get them? How to exploit them?
Also find a list of paid and free sources offering simple information (public financial data) to the most sophisticated (big...
10-05-2020
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