DSO stands for Days Sales Outstanding
It is a commonly used measure for the invoicing collection process. Investopedia defines DSO as “A measure of the average number of days that a company takes to collect revenue after a sale has been made”. If you are strictly a cash business your DSO will be 0. If you [...]
Printing and processing your own invoices is a cash-slow, time intensive process. It wastes paper and your money. Stop the waste. [...]