Transaction processing is a critical operation for any transportation or logistics company.
Many companies have a significant investment in AR, which restricts their cash flow and results in reduced working capital. One of the most common cash traps for AR is uncollected and late days sales outstanding.
No matter the size of an entity or the nature of its business, there are logical and proven practices for cash receipts. Expediting receipts processing is a way of reducing and containing operating costs.
This White Paper reviews the challenges of processing Proof of Delivery receipts (POD’s) and the positive effect that shortening Days Sales Outstanding (DSO) has on cash flow.
Improving DSO through Automation