4 Benefits of Microsoft Dynamic GP’s Collection Management

Collections can be a really tedious process and, when mishandled, can cause a major financial trouble. Good thing, Microsoft Dynamics GP, a solution that we, at ERP Consulting LLC, a company that implements Dynamics GP in Pataskala Ohio, has a feature called Collections Management, a tool that will streamline collection process and reports. Here are some of the ways your company can benefit from the Collection Management system: 1. Decrease DSO Days Sales Outstanding (DSO) is a necessary statistic in determining your Accounts Receivable, the money debtors owe you. DSO determines your sales and how fast you get paid for it, therefore it’s a way to know how [...]