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

Stax

As well as identifying inefficiencies in payment processing or customer communications, DSO is a key financial benchmark to assess liquidity and the state of accounts receivable. Case in point: Stax Bill , a recurring billing and subscription management platform that automates payments.

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What is the SaaS Magic Number and How Do You Calculate It?

Stax

Here’s a breakdown of different SaaS Magic Number benchmarks and what they may indicate: Magic Number < 0: A negative Magic Number suggests that the business is not efficiently converting its investments into revenue, indicating potential issues in the sales and marketing strategies.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

Implement a system for regular surcharge monitoring, and be open to tweaking your pricing strategy based on customer feedback and market trends. Benchmark against industry peers. If you find yourself short on either, consider tools like CardX by Stax, a platform that offers credit card surcharging solutions. reduced surcharges).