When a developer notorious for late payments missed a deadline, CheckMark Collections stood firm. By enforcing contract terms and refusing to extend a discounted offer, we secured full payment with interest for our client—proving the power of clear terms and timely follow-up.
As we step into the New Year, businesses are often looking for strategies to enhance their financial health and efficiency. One area that is frequently overlooked but can significantly impact your...
Read moreHow to Calculate DSO
Calculating DSO is straightforward, even for beginners:
DSO = (Accounts Receivable / Total Credit Sales) x Number of Days
When it comes to managing finances and ensuring the smooth operation of a business, you'll often come across a jumble of acronyms and financial terms that might seem like alphabet soup. One such...