Blog of the Credit Management and cash collection
Why should you use a cash collection software?
What interest can a find SMEs to use specialized software in credit management
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...07-18-2019
For his 4 years, My DSO Manager celebrates his 523rd customer!
My DSO Manager is four years old, a rebellious age for kids, and strong growth for the flagship credit management solution.
Faced with the difficulties of the companies, resulting from a deficient management of the accounts receivables, the first idea of My DSO Manager is to bring a relevant, very effective and affordable solution for VSE / SME as well as to big international groups. Some references: The...07-02-2019
Improve your business with debt collection
As the last step in the sales process, cash collection management collect all its dysfunctions, which represents a unique and often untapped opportunity to identify and fix them.
This tutorial highlights the potential for business improvement through debt collection. It demonstrates and explains how this function can both accelerate customers payments, improve customers satisfaction, and help resolve internal malfunctions. Demonstration, practical cases, ... ...06-27-2019
The 6 rules to manage inventories and optimize WCR
Key element of the Working Capital Requirement, inventory should be optimally managed for cash flow, logistics and profitability reasons.
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
Key step in the B to B sales process, credit analysis lifts the veil of ignorance and illusion in order to confront to reality, which alone makes possible to act to increase profitable turnover for your business
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
Synchronization of your Quickbooks customers and billing data with My DSO Manager is done automatically every day and activated in a few clicks. It allows you to immediately use our innovative Accounts Receivable management software.
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
Positive and stimulating indicator, the recovery rate boosts the pursuit of your collection objectives!
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
Imperfect but nevertheless key performance indicator to the Accounts Receivable management, find on Credit tools the tutorials as well as online or Excel calculation tools.
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
Latest improvements released in My DSO Manager, dynamic web solution for customer financial relationship management!
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
A recovery scenario consists of several steps including actions performed with different media (e-mail, phone, SMS, ...). Find our tutorials to efficiently collect your receivable
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
Unpretentious description of the function of credit manager
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
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