REDUCE YOUR DSO
Understanding and managing your customers’ average payment time is one of the keys to healthy cash flow. It involves an intelligent, streamlined credit control and debt recovery process.
€630 billion: that’s the amount of money permanently owed between businesses in France.
€56 billion: the annual value of unpaid invoices in France.
Establishing a rigorous credit-control process is the key to managing your DSO. The number of employees assigned to cash collection is generally not enough to deal with the whole portfolio.
Altares has developed expertise based on processing over 120 million invoices every year, which it uses to define a payment profile for over one million businesses in France and internationally.
With Altares, you have a credit-control tool that includes algorithms that prioritise debt recovery and allows you to compare your performance indicators with your peers.
Do you know your business partners’ payment habits?
DunTrade is a program for exchanging and sharing information on your partners’ payment habits.
Every month DunTrade collects payment experiences from the Accounts departments of all the program member companies.
The partner company supplies information on the accounts receivable aging report (which lists all the payments that are owed to the company and highlights any late payments), and in exchange receives a comparative analysis of these habits.
Become a DunTrade® program partner, and access your partners’ payment experiences. Secure your credit decisions with a rich database of more than 175 million payment experiences, accessible from the PPI platform.
- Available exclusively for DunTrade® members
- Provides a detailed analysis of payment experiences
- Access to payment benchmarking: “Do my customers pay me better than they pay their other suppliers?
- Coverage of more than 170 countries
Do you have a data project?