Allowance for Doubtful Accounts (AFDA)
Automate the calculation and management of the allowance for doubtful accounts (AFDA), ensuring that estimated loss values are recorded accurately and in compliance with accounting standards. Reduce manual errors and gain better control over credit risk.
How does Dattos solve it?
Provision automation
Dattos automates the calculation of the allowance for doubtful accounts (AFDA) using historical data and statistical models to accurately estimate potential credit losses. The platform ensures that provision values are always up to date and compliant.
Risk reduction
Eliminate manual errors in the AFDA calculation process and avoid inconsistencies in accounting records. Dattos automatically identifies credit exposures and calculates provisions efficiently.
Complete control
Monitor all AFDA provisions with full visibility into credit risks. Track the performance of receivables and ensure proactive and efficient financial management.
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Ensure more reliable data and reduce time by automating manual tasks