The Collection Effectiveness Index (CEI) is a critical metric for evaluating how efficiently a company collects payments. By understanding and interpreting your CEI, businesses can pinpoint weaknesses in their collections process, identify opportunities for improvement, and implement strategies to boost cash flow. Learn how to optimize your collections and improve your CEI with effective strategies and automation.
The Collection Effectiveness Index (CEI) is a critical metric that helps businesses assess the efficiency of their collections process. By measuring the percentage of receivables collected over a specific period, CEI provides valuable insights into a company’s credit and collections performance. Learn how to calculate and interpret CEI, and discover actionable strategies to optimize your collections process for better results.
Unlock the power of automation to transform your collections process, accelerate cash flow, and eliminate manual errors – plus, engage with actionable steps to optimize your accounts receivable with expert insights.