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Accounts receivable: Keep an eye on them!

Do you ship products with deferred payment? Do you sell to Home Depot or to other large DIY chains? Not sure they paid for everything? But didn’t they “write off” something for themselves?

Let’s figure out how and why to control receivables for each counterparty online.

Let’s figure out how to analyze accounts receivable for each counterparty online using Pwer 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 “ACCOUNTS RECEIVABLE” 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 profiе on a daily basis. No need to wait for a monthly report.
  • Check it out for yourself! You can find interactive accounts receivable reports – here.

BUT THE MAIN POINT OF THE ANALYTICS IS
PROFIT GROWTH

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

Consistent control results in  profit growth and business expansion.

GET COMPANY MANAGEMENT DASHBOARD

Cobit Solutions

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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