Introducing the Receivables Dashboard—Streamline Collections and Drive Efficiency 🚗
Kicking off the new year, we’re delighted to have launched the Receivables Dashboard. Designed to empower your Accounts Receivable (AR), Finance, and Revenue Operations teams to take control of overdue receivables, improve cash flow, and drive operational efficiencies.
Whether you’re on the front lines of collections or making high-level revenue decisions, the Receivables Dashboard equips your Revenue teams with the tools to take action and maintain financial stability.
Log in here, navigate to Analyze and explore the Receivables Dashboard! 🌟
What can teams see and do with the Receivables Dashboard?
🚦 Monitor Total Overdue Receivables
Teams can gain a clear picture of outstanding payments, enabling them to focus on high-priority collections and ensure steady cash flow. Finance teams could use this data to monitor overall exposure to overdue payments and safeguard financial stability.
📊 Track Month-over-Month Trends
Finance teams can identify trends and changes in overdue amounts, invoice counts, and payments overdue for over 30 days, helping them proactively address risks.
🕒 Analyze Aging of Receivables
AR teams can break down overdue invoices into aging buckets (<7 days, 7–14 days, 14–30 days, >30 days) to prioritize older receivables for faster recovery. Finance teams could leverage this analysis to maintain accurate cash flow forecasts and plan more effectively.
📈 Visualize Historical Trends
Finance teams can view overdue receivables month by month to uncover seasonal patterns or recurring challenges, refining cashflow projections. RevOps teams could adjust processes to minimize recurring issues and improve operational alignment and efficiency.
🔎 Uncover Patterns in Overdue Invoices
With the “Number of Overdue Invoices” chart AR teams can track trends in overdue invoice counts to resolve recurring bottlenecks and improve collection performance. RevOps teams could use this information to optimize invoicing workflows and identify systemic issues or celebrate improvement.
👨👩👧👦Segment Receivables with Interactive Filters
AR teams can drill into specific customer segments, time periods, or product offerings to create targeted collection strategies. Finance and RevOps teams could align their strategies to improve payment performance across key customer groups.
Leverage insights on total overdue amounts, aging analysis, and invoice trends to reduce Days Sales Outstanding (DSO), enhance cash recovery, and drive the growth of your subscription business
Need assistance? Our support team is here to help—contact us anytime for guidance or questions.
