In order to have this visibility, My DSO Manager offers a new report « Cash forecast ».
This report is a help tool to manage your cash and reveals predictively the benefits of monitoring your accounts receivable.
My DSO Manager build this vision of the future through:
|the promises to pay of your customers|
Example: You have entered a date of promise to pay for an invoice
|the payment behavior of each customer observed in our software → average number of days of late payment|
Example: customer X has an average payment delay of 10 days, so the forecast will be « due date + 10 days »
|the average time of disputes resolution|
Example: the average resolution time of a "price dispute" 14 days, so the forecast will be « due date + 14 days + average number of days of late payment »
Click here to see the DEMO
As for other reports (DSO, aging balance, items status...), the data are filterable by customer group, collector, analytic field...
Find more details and explanations in the online help → What is the cash forecast report?
Other developments are under way (internal interactive e-mails...) to continuously improving My DSO Manager while preserving its ease of use and relevance.