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Infographic

Cash Wars: We are declaring war on aged debt and DSO

Finding cash collection via invoicing or Bacs Direct Debit a continuous battle? You’re not alone. According to recent research, 38% of finance professionals cite slow payments as a serious threat to business growth.

But Bottomline is declaring war on the aged debt and DSO that arises from outdated, manual invoice and Bacs Direct Debit collection processing.

Download our Cash Wars infographic, highlighting the key tactical data on:

  • The negative impact of late payments and unpaid invoices
  • How technology and training can improve cash collection
  • Why paperless Bacs Direct Debit collection can transform your business for increased profitability

Whether you currently collect Direct Debit or Invoice payments, this infographic is the gateway to help you unlock the winning strategies in the Cash Wars cash collection series.

Businesses start to fail when 75% of debts are overdue. Source: Credit Management Training Ltd

Cash is the lifeblood of any organisation. Whether you need to pay or collect, there’s an easy way to do both with PT-X.

Continuing Content

eBook

Cash Wars: A Guide to Getting Invoice Collection Right

Having the right invoice collection solution in place will help you to remove manual processes, mitigate disputes and rejections, and improve cash flow by reducing your aged debt and DSO.

eBook

Direct Debit Collection: Collect Direct Debits Smarter

Having any kind of Direct Debit facility in place is a good thing, enabling customers to pay in a more manageable way. Managing Direct Debit collections manually, however, opens up the potential for human error.

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