oAppsNet

NOVEMBER 6, 2024

Two essential metrics for managing cash flow are Days Sales Outstanding (DSO) and Days Payable Outstanding (DPO). By mastering these metrics, you can clearly understand how well your business is collecting payments and handling its payables, empowering you to make informed financial decisions. What is DSO?

Cash Collection 52

Cash Collection Collections Outgoing Payments Invoicing 52

Accounting Tools

OCTOBER 11, 2023

Related Courses The Interpretation of Financial Statements The Statement of Cash Flows What is the Direct Method? Under the direct method, actual cash flows are presented for items that affect cash flow. What is the Indirect Method?

General Ledger 40

General Ledger Cash Collection Accruals Financial Statements 40

Accounting Tools

MARCH 2, 2024

Operating cash flow is the net amount of cash that an organization generates from its operating activities. This information is used to determine the viability of the core operations of a business, since positive cash flow is needed to maintain and grow a firm’s operations over time.

Financial Statements 40

Financial Statements Accounts Payable Accounts Payable Accounts Receivable 40

Nanonets

APRIL 14, 2024

These tools range from accounts payable platforms to inventory management solutions and everything in between. With the ability to manage all outstanding bills and extract vendor payment information from invoices, this Sage integration transforms expense management. Schedule a Demo

AR 52

AR Payroll Data Entry Accounts Payable 52

Jetpack Workflow

JUNE 27, 2023

Perform regular audits on client accounts to catch any mistakes or errors before they become serious issues. Also, be sure all employees are adequately trained and informed on new regulations and guidelines, especially those that directly impact the firm and its clients. From there, it can add more options, like virtual CFO services.

Accounting 52

Accounting Accounting Financial Reporting Cash Collection 52

Nanonets

SEPTEMBER 22, 2023

Better Financial Visibility: Integrated order management systems provide real-time visibility into order status, inventory levels, and payment collection, enabling businesses to make informed financial decisions. This helps businesses assess the creditworthiness of their customers and make informed decisions regarding credit limits.

Revenue Cycle Management 40

Revenue Cycle Management Revenue Cycle Collections Invoicing 40

Nanonets

SEPTEMBER 22, 2023

Another critical aspect of  accounts receivable management  is efficient payment collection strategies. Offering multiple payment options, sending proactive payment reminders, and following up on overdue payments can help expedite the cash collection process.

Accounts Receivable 40

Accounts Receivable Account Receivables Accounts Receivable AR 40