Industry Trends Archives - TermSync

Industry Trends

Live Webinar April 24 – Improving Customer Relationships & Reducing DSO

Getting your customers to pay is no easy task for most companies. More often than not, it can be a time consuming process which involves a lot of account research and dreaded back and forth emails or phone calls with the customer. But accounts receivable doesn’t have to be a necessary evil. Like all other…

Make it Easier for Customers to Pay on Time

Dealing with late payments is a pain for any company — not only is it a time-waster, but it’s also not very fun.  Who really wants to be the one to make the awkward call to find out why a customer hasn’t paid a bill yet? You can set up protocol and procedures on how…

Too Many Finance Executives Just Look At DSO When Evaluating A/R

When you think of measuring the performance of accounts receivable, more often than not, the first thing to come to mind would be Days Sales Outstanding (DSO).  And while Days Sales Outstanding is definitely an important metric to focus on, the reality is — it’s just the tip of the iceberg. Think about it. You…