AR Payments

The data model encompasses views for analyzing payment patterns and behaviors such as AR Payments, Payment Trend, Aging Analysis, Customer Payments, and Payment Status. It includes measures like Payment Amount, Payment Amount HC, and Payment Disc.Taken Amt HC, along with Currency Exchange Rate for currency conversion. This model enables tracking of payment trends, customer behavior, and outstanding balances, aiding in proactive decision-making for improving cash flow and collection efforts.

Benefits of This Data Model

• Enhanced Payment Tracking: This data model enables a comprehensive analysis of payment trends and behaviors, facilitating the tracking of customer payments and outstanding balances more efficiently.
• Proactive Decision-Making: By providing insights into payment patterns and aging analysis, this model supports data-driven decision-making for improving cash flow and collection efforts.
• Customer Behavior Analysis: The inclusion of customer-specific dimensions allows for in-depth analysis of customer payment behaviors and patterns, aiding in understanding and predicting customer payment trends.
• Optimized Collection Strategies: The data model empowers companies to prioritize collection efforts by analyzing aged receivables and monitoring payment statuses, leading to more effective and targeted collection strategies.
• Currency Conversion Facilitation: With measures like Currency Exchange Rate and dimensions related to currency information, the model supports currency conversion analysis for global businesses, streamlining financial reporting processes.

Key Performance Indicators (KPIs)

• Currency Exchange Rate: The rate at which one currency is converted into another currency for payment transactions.
• Payment Amount: The total amount of payment made in the original currency.
• Payment Amount HC: The total amount of payment made after converting to the home currency.
• Payment Disc.Taken Amt HC: The discounted amount of payment taken after converting to the home currency.

Available Visualizations

View Name	Description
AR Payments	Analyzes payments made on accounts receivable for insights on customer payment behaviors.
Payment Trend	Tracks payment trends over time to identify patterns and predict future payment behavior.
Aging Analysis	Analyzes aged receivables to identify overdue payments and prioritize collection efforts.
Customer Payments	Provides a breakdown of payments by customer to analyze payment patterns and customer behavior.
Payment Status	Tracks the status of payments to monitor outstanding balances and identify bottlenecks in the payment process.