You closed a deal and you have supplied your customer with your products or services. Time to pay! But what if your customer doesn’t pay within the agreed time? Every dollar, euro or sum of money is costing you money.
Your DSO (Days Sales Outstanding) shows you the average number of days it takes to collect your cash after an invoice has been sent. Credit management software helps you to achieve results with your credit management operation. Check out how a reduction of your DSO can put major amounts of cash back into your business.
Adjust your revenue, the reduction in days and the interest rate in this calculator to reveal your potential savings in interest costs.