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

 

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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 recent data from APQC’s Open Standards Benchmarking in the finance organization 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.

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