oboloo Glossary

DSO Collections

oboloo Glossary

DSO Collections

At its core, DSO Collections is a business practice that relies on the regular and systematic review of customer accounts in order to keep track of, assess, and collect payments. The process involves identifying customers who are past due or have delinquent debt, assessing the risk associated with such debts, and then collecting on them in a timely manner. DSO collections also involve tracking customer behavior over time to identify patterns or trends that might impact a company’s ability to collect payment. By proactively managing receivables and maintaining good customer relations, companies can ensure long-term financial stability and profitability.