My DSO Manager presentation
The recovery of outstanding receivables and the customers risk management are vital issues for companies, especially for SMEs, SMIs
However, most of these companies do not have an effective tool for performing high quality management of receivables, which is essential to optimize their cash flow.
Existing solutions do not meet the economic needs of these companies who have neither the time nor the financial resources to achieve an implementation project.
The venerable Excel remains the alternative tool to organize their work, share information and make dunning actions, while new technologies offer powerful and tailored functionalities.
Why SMEs which are the most vulnerable companies to cash flow problems due to late payments, would they not have access to a powerful software, easy to use and affordable?Objectives of My DSO Manager are:
Why the name My DSO Manager?The DSO is the Days Sales Outstanding acronym. It is the key performance indicator for the management of accounts receivables and debt collection. It is the number of days of sales invoiced and not yet paid.
An efficient recovery of bills, an optimal resolution of disputes and a good control of its customers' payment default risk reduce DSO and improve cash flow and profitability of its business.
My DSO Manager is the tool to manage his DSO, that is to say to control its evolution and to perform all the necessary actions to improve it.
Principles and features
Key featuresMy DSO Manager provides high performance and innovative features that you will take control independently.
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