5 Steps to Getting Paid Faster

What keeps CFOs and other senior finance executives up at night? 

Chances are, a lot of their tossing and turning is the result of concerns about cash flow. CFOs and other senior finance executives worry about Days Sales Outstanding (DSO) — a measure of how long it takes your business to convert receivables into cash (or in other words, to get paid on a sale).

High DSO could deny a business of the cash it needs for: 

• The purchase of raw materials and goods
• Manufacturing and distribution
• Sales and marketing
• Salaries and benefits
• General administration
• Investments in the business

Even a small improvement in DSO can have a big impact on a business’s financial health. 

And that’s why CFOs and other senior finance executives are so focused on DSO. 

IOFM’s latest white paper reveals five steps to removing the obstacles that prevent businesses from collecting receivables as fast as possible.  From credit approval and invoice delivery and payment to collection and cash application, the paper shows how to reduce DSO at every step of the AR process.

If reducing DSO is among your CFO’s priorities, you must download this white paper.

This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.