Managing trade receivables requires a clear, consolidated view of outstanding amounts and performance indicators. The credit manager’s role is to reduce late payments, optimize cash flow and limit the risk of non-payment. To achieve this, they need a reliable dashboard. Excel is often the preferred tool for building this reporting tool, as it is simple, flexible and accessible. To help you, we have provided a free, ready-to-use Excel dashboard template for Credit Managers.
Why is a dashboard essential?
A dashboard allows you to centralize key credit management indicators and monitor them over time. Without structured reporting, it’s difficult to measure the effectiveness of reminders and to know whether receivables are improving. With a dashboard, the credit manager has a clear picture of the situation and can make informed decisions.
Reporting is also a communication tool: it enables reliable data to be shared with the finance department, sales teams and general management.
Practical example in Excel
Our Excel dashboard template integrates the main credit management KPIs. You’ll find ready-to-use indicators and monitoring charts. You can customize the data to suit your needs.
Example: a company can use this file to monitor its total outstanding receivables, the breakdown of overdue receivables by age bracket, and the consolidated DSO. The table highlights the customers who generate the most arrears, and enables you to prioritize collection actions.
Founded in 2011, ASTON AI, voted Fintech of the Year 2015, has revolutionized the receivables management market in ten years by offering a high-performance, simple, comprehensive and innovative platform. ASTON AI platforms benefit from 10 years of continuous technological development and an in-house R&D department dedicated to digital services.
Download our Credit Manager Dashboard Excel template
The Excel template is designed to be simple and immediately usable. It includes :
- Monitoring of overall customer receivables.
- Breakdown of unpaid invoices by age bracket.
- Automatic calculation of consolidated DSO.
- Tracking open and closed disputes.
Download the Credit Manager Dashboard Excel template and easily manage your key indicators.
Essential credit management KPIs
A good dashboard should include the most relevant indicators for assessing collection performance. KPIs to track include :
- DSO, which measures average customer payment times.
- The ratio of unpaid invoices to sales.
- The litigation rate, which reflects the quality of internal processes.
- The evolution of total outstandings over several months.
By monitoring these KPIs on a regular basis, the credit manager can quickly identify problems and take corrective action.
Excel's Limitations and the Aston AI Alternative
Excel is useful for building a dashboard, but it quickly reaches its limits. Updates are manual, data is not connected to accounting systems, and data entry errors are frequent. What’s more, Excel doesn’t allow smooth collaboration between several teams.
With Aston AI, you benefit from SaaS software that automatically centralizes your customer data, calculates your KPIs in real time and offers customizable dashboards. Artificial intelligence helps you identify critical delays, prioritize actions and automate reminders.
Take the next step with Aston AI
The Excel template Credit Manager Dashboard is an excellent starting point for organizing your key indicators. But to take things a step further, discover Aston AI: a SaaS collections platform that automates your processes, generates your KPIs in real time and improves your cash flow in the long term.
Request a free demo today.
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