Analytics
      Back to home
      1. Help and Support Center
      2. Reports and Analytics
      3. Analytics

      AR Overview Analytics

      Insights to help you efficiently manage and optimize your AR operations

      The AR Overview provides a comprehensive summary of all transactions, including invoices, payments, outstanding balances, and credit memos. By utilizing AR Overview Analytics, users can access pre-built reports and proprietary data to support data-driven decision-making.

      The AR Analytics dashboard presents easily understandable data to assist AR staff in their daily operations.

      The most critical metric for Accounts Receivable is essential for effectively managing and optimizing the AR process in detail.

      AR Overview Analytics is designed to present below metrics

      Metric

      Description

      Invoices Created[Incl. Credit Memos]

      Understand the total number of invoices generated.

      Invoiced Amount

      Understand Amount Invoiced.

      Amount Received

      The amount received as payments against invoices.

      Outstanding Balance

      Understand Outstanding balance / Amount Receivable.`

      Credit Memos

      Understand the Total Amount received as a Credit Memo.

      Amount Receivable by Age

      Understand outstanding amounts by Invoice age buckets. (0-30, 30-60, 60-90, 90+ days)


      This will help you to determine the invoices that are at risk of nonpayment and might have to be sent to collections/need attention to follow up.

      Invoice by Status

      Understand Your AR by Invoice Status (Paid vs Not Paid vs Credit memos)

      Top 50 Customers by Amount Invoiced over Time Period

      Top 50 customers by each week/month/year based on the selected period, helps us give the overall information about the customers by amount invoiced.

      Top 5 Sales Person By Invoiced Amount

      Understand and get the list of the Top 5 Sales Person with the Highest Outstanding Balance.

      Amount Due - Top 5 Customers

      A Quick Glance to understand and get the list of Top 5 Customers by amount due on invoices, so you can plan your follow-ups to these customers.

      Invoice Amount paid vs unpaid

      Invoiced amount Paid vs Unpaid by week/month/year based on the selected date range.

      You can compare paid vs unpaid invoices over time.

      Amount Invoiced over Time

      Total Invoiced amount by week/month/year based on the selected date range

      Invoices Detail

      Summary of Invoice details, this includes the invoice number, Invoice Date, Due Date, Invoiced amount, Status, Amount Due, Sub Total, Discount etc.,

      Calculated fields

      Total Invoices Created = Total Invoices generated + Credit Memos

      Total Invoiced Amount = Price +  Sales Tax + Discounts

      Here are the business constraints that are applied.

      • All the Metrics are calculated for the applied date range filter.
      • Results are compiled considering only active customers

      Filters

      Using filters you can analyze by applying various search criteria, here are the available filters:

      Customer →  Salesperson → Job →  District → Paid Status

      Importance of having AR Overview Analytics

      • The AR overview dashboard serves as a valuable tool for monitoring customer payments and invoices, enhancing management practices, and boosting the productivity of your AR team. Its key dashboard features, including role-based customization and seamless integration with accounting systems, empower AR teams to access real-time data and delve into metrics, thereby maximizing the dashboard's utility and advantages.
      • Filters enhance visibility into your AR data, allowing for data segmentation based on variables like customer name, job, salesperson, and paid status. Drill-down capabilities facilitate in-depth evaluations of AR data and individual processes.
      • Condensed AR data can enhance the management of working capital, improve cash flow predictions, boost overall profitability, mitigate customer credit risks, and elevate sales team management.

      Top 5 reasons why you would need AR Overview Analytics for your Organization:

      • Analysis of historical trends in receivables can help identify areas for improvement in collections processes.
      • The impact of customer bankruptcies or insolvencies on receivables should be monitored and managed appropriately.
      • Aging of receivables is an important metric to track, as it indicates the length of time that invoices have been outstanding and can impact cash flow.
      • Days Sales Outstanding (DSO) is another key metric that measures the average number of days it takes to collect payment on invoices. (This will be available soon).
      • Customer payment history should be monitored for signs of potential fraud or financial mismanagement.

      AR Overview Analytics short video Tour