Understanding the dashboard
The WFM + Xero Debtors dashboard gives you a clear view of what your clients owe you for the current year. It shows the total amount of debt, along with key details like average debtor days, the number of debtor contacts, and individual invoices. The dashboard also includes trend analysis and an ageing graph to help you see how your total debt changes and track how long invoices have been unpaid over different periods. This helps you manage cash flow and refine your collections strategy.
Why is it important?
The Debtors dashboard provides you with the following relevant information:
The dashboard provides an up-to-date view of the total amount owed by clients, enabling businesses to stay informed about their current receivables.
It includes crucial metrics like average debtor days and the number of debtor contacts, which are essential for assessing the efficiency of collection, managing overdue accounts, and identifying areas needing improvement.
By using trend analysis and ageing graphs, the dashboard allows businesses to monitor how long invoices have been overdue and spot trends in debtor behaviour, aiding in more accurate cash flow forecasting and strategic adjustments to the collections process.
Explore the WFM + Xero Debtors Dashboard by clicking through the interactive demo below!
Interactive demo
Dashboard FAQs
What does Total Debtors mean?
Total Debtors is the total amount clients owe you for services you provided on credit during a specific period.
What are Debtor Days?
Debtor Days is the average number of days it takes for clients to pay their debts.
How should I interpret the debtors trend analysis on the dashboard?
The debtors trend analysis displays the total amount owed by clients over various periods, such as monthly or quarterly, and shows how long it takes to collect payments. The analysis also links the total amounts with individual invoice values and numbers, helping you evaluate and improve your collection efficiency.