According to 2023 eDiscovery Business Confidence surveys, a discernible trend has emerged throughout the year regarding Days Sales Outstanding (DSO). Many businesses report more extended collection periods as the months progress, particularly from Spring to Fall. This rise in DSO might indicate various challenges, whether they stem from external economic factors, shifts in the market, or potential internal operational inefficiencies. Another noteworthy observation was the unwavering uncertainty regarding DSO across the quarters, accentuating the industry's need to bolster its predictive analytics capabilities and deepen its market research efforts.
The post Charting 2023’s Economic Contours: DSO, MRR, and Revenue Distribution Findings from the Fall eDiscovery Business Confidence Survey appeared first on ComplexDiscovery.