Improving Days Sales Outstanding (DSO) involves implementing several strategies. Firstly, streamline invoicing processes and promptly send invoices to customers upon completion of goods or services. Secondly, offer incentives for early payment to encourage prompt settlement of outstanding invoices. Lastly, regularly follow up with customers on overdue payments and establish clear credit policies to minimize payment delays and improve cash flow.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
