The payment performance report helps you see how payments are made and collected over time so you can evaluate cash flow and payer behavior.
Tracking Cash Collected And Measuring Days Sales Outstanding
You can see how much money you collect during a selected period and how consistently payments arrive.
- Cash collected shows the total value of payments received.
- You can compare periods to spot changes in collection performance.
- You can track how long it takes to collect payments after invoices are issued.
- Trends help you assess revenue stability.
Understanding Payment Methods
You can see which payment options clients use most often.
- Payment methods include ACH, credit cards, debit cards, and other supported options.
- Each method reflects client preferences and associated fees.
- Usage patterns can guide payment optimization decisions.
Reviewing Late Fees Collected
You can see how late fees contribute to total collections if your firm assesses them.
- Late fees collected shows fees applied and successfully received.
- The metric reflects the impact of payment policies.
- Trends reveal how often late fees are enforced.
Analyzing Payer Behavior And Timing
You can see when and how clients choose to pay their invoices.
- Payment timing shows early, on-time, and late payments.
- Patterns highlight risk areas and reliable payers.
- Timing data supports adjustments to billing strategies.
Managing Billing And Collections Decisions
You can use report insights to refine how you manage payments.
- Identify strengths and gaps in your collections process.
- Adjust payment options and policies based on behavior.
- Support predictable and efficient cash flow.
Want to go deeper? Learn how to navigate, customize, and analyze reports in Aiwyn.