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…

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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…

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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…

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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…

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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…

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Accountants, Management

Optimizing Your Accounts Receivable Strategy Using Customer Profiles

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…

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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…

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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…

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Management

Paralysis by Analysis: The CFO and AR Management

The so-called “centipede effect” happens when a normally unconscious activity is disrupted by consciousness of it or reflection on it—a golfer thinking too closely about her swing, or a businessman devoting too much thought to how to tie a tie.…

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Accountants

When The Accounts Receivables Manager Lacks the Right Tools: Five Challenges

“It’s a poor craftsman that blames his tools,” is a threadbare yet misunderstood expression. The adage is often interpreted to mean, “tools don’t matter, skills do.” But any accomplished creator will vouch that part of being an expert craftsman is…

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