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CFOZone Experts

Opinions and views from expert CFOZone members.

Tag >> days' sales outstanding
Sep 15
2010

CFOs want quick ROI on IT spend

Posted by dbedell in working capitalSAPreturn on investmentinnovationdays' sales outstandingCIOschief financial officerCFOCashbiztechAT Kearney

dbedell

CFOs and CIOs have very different priorities when it comes to IT spend, and that dichotomy is not likely to change any time soon, even as IT budgets are starting to once again increase.

After being slashed to almost nil during the height of the crisis for many corporations across sector and size, IT budgets are beginning to rise.

Aug 25
2010

Enhancing receivables processing

Posted by dbedell in STPreceivablesliquidityDSOdays' sales outstandingcash concernsCashA/R

dbedell

With average days’ sales outstanding of 44.5 days, US companies could see vast improvements in their receivables processing, according to a new report from Aite Group. 

Given the need for most companies to make best use of internal liquidity, any solution that can reduce the DSO cycle—which establishes how long it takes for companies to collect on invoices—is of value. Looking externally for a solution that can shorten processing times and reduce errors or exceptions that would normally extend the payment cycle may be a worthwhile investment.

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