Don't Ignore DSO, Especially if You're Cash-Rich

It’s possible to deliver significant bottom-line benefits by improving processes that impact working capital levels. This article, which first appeared in Business Finance, uses metrics from APQC’s Open Standards Research on accounts receivables processes to examine the time it takes to get error-free invoices out to customers. It then demonstrates the hard-dollar benefit of speeding things up. The actual cash savings is impressive.