Cash flow allow companies to operate and grow. In this regard, Days Sales Outstanding (from now on, DSO) is an indicator that measures a company’s health. DSO represents the number of days a firm needs to convert receivables into cash. The...
Over the last decade, the bank system has changed substantially. From the global financial crisis, new regulations emerged to counteract a sector that had shown all its shortcomings during the 2008 market collapse. More detailed and demanding capital, leverage, liquidity,...
Having a well-established process for receivables management is essential for achieving optimal cash flow. The goal of account receivables management is to achieve an optimal level of trade credit to offer customers and handle that credit. Selling on credit is...
According to a survey conducted during the CFO virtual agenda, almost 30% of senior finance executives revealed that they had recognized order to cash automation and invoice reconciliation as a necessity in the aftermath of Covid-19 pandemic. Automatizing manual, noncomplex...
During these extraordinary times, governments in several countries were quick in supporting consumers facing a tough economic crisis. Households and businesses alike are increasing their already all-time high debt levels due to the worlwide spread of the coronavirus. How will...
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