Reduce your outstanding accounts
With Bisnode D&B DunTrade® you can immediately see if your customers pay you slower than other suppliers. Analyse your outstanding accounts in order to identify opportunities. Because days sales outstanding (DSO) are expensive.
What does a day of sales outstanding cost you?
Outstanding receivables = 12,000,000 Euro
Financing interest rate = 8 %
Financing costs = 960,000 Euro
Financing period = 41 days
Savings in case of shortening the days sales outstanding (DSO):
1 day = 23.415 Euro
10 days = 234.146 Euro
In concrete terms this means for you
Every day you reduce your outstanding accounts brings you 23,415 Euro in savings - with 10 days you have already saved 234,146 Euro in financing costs.