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Tag >> STP
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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