Are you Invoicing Correctly?

Entrepreneurs should focus on working capital management for their businesses and a key component is reducing their DSO.

A key component that affects DSO is the accuracy of your invoices to customers. Is your invoicing process reliable, accurate and consistent?

The invoicing process should not only be consistent and timely, but it should also be accurate. If your invoices do not reflect the system needs of the customer, it will delay the payment process affecting your DSO. Ensure that the invoice that you send to each customer reflects the requirements of the customer to pay on a timely basis.

Audit and streamline your invoicing process to reduce DSO.

Ravi Patel

www.patelCFOservices.com

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