Scaling New Heights

Advanced Training for Accounting Professionals

Advanced Bookkeeping: AR Analytics

Speaker(s): Brian Suthoff

Accounts receivable is one of the largest assets and largest source of risk for many small and midsize businesses. However, many businesses still rely on simple aging statements and misunderstood days sales outstanding (DSO) metrics to measure, track and prioritize their efforts. In this session we’ll review the issues and improvements to traditional DSO, we’ll review other metrics you can use with clients. We’ll also explore ways to improve accounts receivable performance to boost cash flow and lower risk. 

Learning Objectives

  • Interpret and use KPIs such as DSO, average days delinquent (ADD), days beyond terms (DBT), and collection effectiveness index (CEI).
  • Use more advanced tools that track and anticipate the payment risk of individual customers.
  • Consider ways to manage and improve the dunning and collections processes. more