Understanding Days Sales Outstanding (DSO): Calculation Techniques and Importance in Finance

 Understanding Days Sales Outstanding (DSO): Calculation Techniques and Importance in Finance

No matter what your position in the company is, understanding DSO and the role it plays in your revenue cycle is key. Let’s take a look at what exactly DSO is, how to calculate it, and debunk some common misconceptions. 

How to Ask for Payment Politely and Professionally (with Examples)

How to Ask for Payment Politely and Professionally (with Examples)

Seamless payment collection is the goal but there are steps that you need to take to get there. Here is how you can avoid unpleasant interactions with late payments and learn how to gather them quicker than before… without sounding rude or demanding.