Improve cash and DSO

Improve cash flow by mobilizing your internal resources!

Managing efficiently your company's receivables is particularly virtuous for the entire commercial relationship, cash flow and profitability, brand image and customer satisfaction.

Applying the principles of credit management holds an unsuspected amount of beneficial gains for your business.

The first of these, which are the most obvious and visible, are the improvement of the Days Sales Outstanding (DSO), Key Performance Indicator in cash collection, illustrating the improvement in cash flow and working capital requirement (WCR).
DSO Report

The use of 100% configurable collection scenarios by type of customer, risk category or payment profile intelligently generates dunning actions that include all the information and functionalities necessary for your customers (account statement, overdue amount, interactive portal , PDF of documents, payment button, …) so that they pay your invoices.

A doubt on how to proceed? Let My DSO Manager suggests the most effective actions based on multiple dynamic criteria.
collection Scenarios

If the probability of collection of a debt between professionals decreases very quickly once the due date has passed for few weeks, My DSO Manager allows none to slip through the cracks. It supports to identify the causes of non-payment, to deal with them in a collaborative manner with the customer and colleagues (sales, customer care, …) thanks to relevant and qualitative communication such as interactive e-mails.

The use of our cash collection software makes it possible to keep and find in the same system all the history of data and past exchanges. It eliminates the considerable loss of time of laborious and inefficient work on Excel.

The fluidity of the navigation between the performance indicators at the global level and the detail that composes them provides a very dynamic appreciation of the performance between the macro and the micro. Thus, you understand in an instant the components of the result, and identify customers where you need to act to improve the situation.

With My DSO Manager, you improve your company's cash flow by combining the following principles:

  • Clever recovery scenarios and actions aimed at communicating with the right people, at the right time and with the right information through a personalized agenda.
  • Collaboration to solve problems.
  • Fluent and qualitative communication with customers and internally.
  • Assessment and performance management on key business indicators: DSO, late rate, recovery rate, qualification of documents, dispute resolution time, cash forecast, etc.
  • Optimum management of customer credit risk.
  • Integration of all of your partners into the software: credit insurers, financial information providers, payment solutions, Documents Management Systems, etc).

When cash rhymes with customer satisfaction

The first cause of late payment between professionals is disputes, i.e. an a priori valid reason given by the customer for not paying: wrong pricing, short delivery, quality problem , administrative issue, etc. Multiple reasons that are all malfunctions of your company's Quote to Cash process.
Dispute report

By identifying and dealing with them quickly, you not only preserve customer satisfaction but also cash flow. My DSO Manager allows you, for example, to send one or more pre-reminders before due date to obtain a promise of payment and identify any dispute. If this is the case, the dispute workflow allows it to be resolved quickly, to respond to the customer and to be paid.

The quality of the Trade receivable and collection management associated with the performance reports (making it possible to identify the customers or the perimeters where the action must be focused on), and the efficient management of the disputes are part of the key elements which, implemented in My DSO Manager, allow to significantly improve DSO and cash flow!