AR Metrics

Getting to the Bottom of Delinquent AR Metrics – ADD

Do you want to know the difference between Average Days Delinquent (ADD) and Days Beyond Terms (DBT)? Are you wondering if you need to measure both? Funding Gates has the answers! Here’s how to provide valuable insight on past due…

Continue Reading

AR Metrics

Best Days Sales Outstanding, The Optimal AR Target

Are you feeling blue because you’re always looking at your past due AR? Look on the bright side! Best Days Sales Outstanding will tell you about payment habits of your best customers. You’re already tracking DBT  to measure delinquent AR and…

Continue Reading

Receivables Management

How to Stop Getting Ignored and Start Getting Paid:

Hello? Hello? Can anyone hear me??? There’s no denying the fact that persistence is key in Accounts Receivables. Yet, despite your greatest efforts, there are still those customers (ahem) who ignore your outreach. You’re down to the last wire and…

Continue Reading

AR Metrics

Use DBT to Understand Your Delinquent Customers

You know that every company has some delinquent customers. But do you ever wonder just how bad your past due AR is? This is where Days Beyond Terms (DBT) can help. DBT gives you a snapshot of how delinquent your past…

Continue Reading

AR Metrics

Get to know your Days Sales Outstanding (DSO)

How well do you know customers’ payment habits? Are you waiting longer than you should for payments to come through? Your Days Sales Outstanding (DSO) can help provide answers. DSO is a key indicator of your AR health. It measures the average number…

Continue Reading

Case Studies

Pool Agency CEO finally found the right AR Solution!

Adam Beech CEO of Pool Agency, a successful pool service company in Phoenix, Arizona, had been looking for an Accounts Receivables solution for years. With his team focused on managing services to their growing customer base, following up with late…

Continue Reading

Accountants, Management

Optimizing Your Accounts Receivable Strategy Using Customer Profile

While it’s well understood that a healthy cash flow is the lifeblood of every business, a surprising percentage of CFO’s across all industries don’t implement an accounts receivable strategy. This is a flagrant missed opportunity. By adopting a strategy based on…

Continue Reading

Case Studies

Rip Van Wafel Strikes Starbucks Distribution Deal with Help of Funding Gates’ AR Manager

When Dutch-born Abhishek “Rip” Pruisken began to make Stroopwafel in his dorm room at Brown University, little did he know that those savory layers of baked dough and caramel syrup filling would be found in all 7,500 Starbucks stores throughout…

Continue Reading

Accountants

“Irreconcilable Differences” Do Not Apply to Cash Flow Management

Most accountants are all too familiar with the “end of month crunch”: those dreaded few days when time has a disobliging habit of speeding up as the to-do list grows exponentially. Even the most seasoned of CPAs have a tendency…

Continue Reading

Uncategorized

A Streamlined AR Management Process for 3BG Supply

From transmission belts to electric motors, 3BG Supply Co. (an acronym referring to its founders, the “three bald guys”) helps customers purchase industrial MRO products without the hassle. By developing technology to improve an industry rife with inefficiencies and decades-old…

Continue Reading