payment terms

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Why Finance Executives Should Care About Attended RPA and Order Entry Optimization

Ask any finance executive about one of the things they obsess over, and it is invariably Days Sales Outstanding (DSO). The magic number of how many days it takes for a company to convert its accounts receivables into cash varies over time, of course, but in general, the sooner a company gets to cash in hand, the stronger their cash flow and resulting financial positioning becomes. Properly managing DSO as an integral part of a strategic working capital effort requires that many components spread across segments of the OTC process be constantly evaluated and optimized. Many organizations start by benchmarking [...]

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