NEW DATA: Payments Automation Can Reduce Firms' DSO By 22%
Businesses can reduce their days sales outstanding (DSO) by 22% when they automate receivables but high data management costs and lack of in-house knowledge keeps many from realizing this benefit. The Accelerating The Time To Realized Revenue Report, a PYMNTS and
Mastercard collaboration, surveyed over 400 executives to gain insight on the best way to overcome barriers to using technology to reduce time to cash.