AR Benchmark 2024: DSO & Trends

Whitepaper summaryIn 2024, optimizing accounts receivable (AR) is essential for improving cash flow and supporting growth. Rising Days Sales Outstanding (DSO), late payments, and inefficient collection processes are challenges for many enterprises. The global average DSO is 45 days, and late payments affect 60% of B2B invoices, causing liquidity issues across industries. Leading companies are tackling these challenges with automated billing, flexible payment terms, and AI-powered collections, reducing DSO by up to 25%. Technology also improves cash flow forecasting and enhances decision-making, with AI tools improving forecasting accuracy by 95%. The future of AR lies in blockchain for transparent payments, embedded finance solutions, and adapting to global compliance changes. By optimizing AR through technology, enterprises can unlock cash, reduce costs, and drive growth.