Home Ā» Blog Ā» Accounts receivable dashboard: Keep an eye on them!

Accounts receivable dashboard: Keep an eye on them!

When you ship your productcs, do you defer payment? Do you sell to any major chains? Are you sure they’ve paid for everything or do you have your doubts? Could they write something off for themselves?

Let’s take a look at how to control each of the accountsĀ  receivable online.

Let’s figure out how to analyze accounts receivable dashboard for each counterparty online using Power BI.

Accounts receivable is an asset, the money that someone owes us. But if they aren’t managed correctly there will be no real money for the paychecks.

BENEFITS OF ā€œACCOUNTS RECEIVABLEā€ DASHBOARD

It allows you to see the current amount of accounts receivable for your company, the timeline and the dynamics.

It makes it possible to fall through to each counterparty, to see the date when deferral was initiated for all payments or transactions.

It helps to control the percentage of the funds turnover and to decide whether to put on hold certain shippings or stop cooperating with a non-paying counterparty altogether.

It points out the problematic counterparties, thus facilitating the control of deferral dates for each counterparty.

It visualizes the problematic spots and overdue receivables

It details the debt and helps to control the financial responsibility of counterparties

HERE'S WHY OUR CUSTOMERS CLAIM THAT IMPLEMENTING BI SYSTEMS INCREASES PROFIT

  • Routine monitoring ultimately leads to increased profits and to business growth
  • Graphic dashboards provide a chance to control the revenue, cost price, margin and the gross profiŠµ on a daily basis. No need to wait for a monthly report.
  • You might also like to read the article by the owner of Cobit Solutions:  BUSINESS INTELLIGENCE FOR INSURANCE 
  • Read more on the real cases of BI system implementation in different industries in our BLOG
  • BI-solutions FOR SMALL BUSINESSES

BUT THE MAIN POINT OF THE ANALYTICS IS
PROFIT GROWTH

Our dashboards give you a chance to control the revenue, cost price, margin, gross profiŠµ and 47 other indicators on a daily basis. No need to wait for a monthly report.

Consistent control results inĀ  profit growth and business expansion.

GET COMPANY MANAGEMENT DASHBOARD

Cobit Solutions

More articles and cases

Business analytics importance for company success

21 Sep 2021

Business analytics importance for company success

Ā The importance of business analytics is in the shieving and leveraging the statistical methods and technologies. It gives the opportunity t ...

Read More
Interactive Reporting In-house or Analytics Outsourcing?

21 Jan 2022

Interactive Reporting In-house or Analytics Outsourcing?

Let’s see if one can implement a BI system for business on their own, and how much time and money it is going to take. What are the ad ...

Read More
Why Would a CFO Need a BI System?

21 Jan 2022

Why Would a CFO Need a BI System?

Does a financial specialist need a CFO dashboard, and what specific tasks does a CFO solve with the aid of interactive reporting? ...

Read More

KEY FIGURES OF THE COMPANY

457

dashboards created in 2022

150+

years of IT experience among employees

17

data experts & BI consultants

12B

USD annual revenue of clients that utilize our analytics solutions