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Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

Stax

But in reality, companies often have to spend considerable time and resources chasing down late payments that are stuck in Accounts Receivable. Promptly collecting payments from your customers is essential to run a sustainable business. In fact, 81% of large retailers say that real-time payments are critical to their operations.

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CFO Tools You Should be Using in 2022

SaaSOptics

SaaSOptics is the bridge between a company’s CRM and general ledger that prevents revenue from falling through the cracks. SaaSOptics automates your expense and revenue recognition , helping you keep your data clean and making audits a breeze. We even wrote an entire blog about it here. SaaSOptics Advanced A/R Management.

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How to Implement Self Checkout for Small Business

Stax

In this blog, we will cover what your small business needs to consider when implementing self-checkout. TL;DR Self-checkout systems are automated checkout solutions that allow customers to process purchases independently. App-based scanning and payment. Assess Business Needs Understand your storefront and customer habits.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

While their target audience and the breadth of their solutions are the key differences, vertical and horizontal SaaS also share many similarities, in particular cloud-based hosting and subscription business models. By serving common business needs, horizontal SaaS platforms have a very wide target audience.

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How to Understand Your Profit and Loss (P&L) Statement

Stax

Your P&L statement is a simple yet powerful financial reporting tool that not only highlights the current financial position of the business but also charts a course for the future. For the many small business owners working to improve their financial health and performance, this is your go-to guide for all things profit and loss.