Increase Cash Flow with Collections Management Software

You know that cash is critical to running your business. But, if you’re like many organizations, your day’s sales outstanding (DSO) is higher than you would like. And that means too much of your cash is locked away in past-due receivables. When your company first started, you only had a few customers. Your team likely had little trouble identifying and following up with past-due accounts. But if you’ve grown and the invoices are piling up, you don’t want to add staff to keep up, growing your selling, general, and administrative (SG&A) expenses. In this guide, we discuss how to increase cash flow with Collections Management Software.