Cash Allocation Automation : The Framework of a Winning Business Case

Key Takeaways

Identify reasons why project proposals fail to get executive approval
Quantify the facts-based needs and benefits of cash allocation technology
Understand the different cost scenarios based on solution choice and deployment technology - including on-premise and cloud-based solutions
Leverage sensitivity analysis to resolve con

Speakers

Jay Tchakarov, VP, Product Management, HighRadius

About The Webinar

It’s challenging to convince top-management to see the value in a cash allocation initiative even if it ‘makes life easier for the accounts receivable team.’

39% of A/R projects fail to meet pre-budget expectations and executives discount other benefits of cash allocation automation, focusing instead on the core of the business case – the bottom-line numbers.

There’s no time like the present

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HighRadius Cash Application Software enables the end-to-end automation of the cash application process that covers major benefits such as AI-enabled data capture for remittances, auto-linking of payments with open invoices, cost-cutting on lockbox fees and easy compatibility with any system due to its ERP-agnostic Saas infrastructure. Apart from the major benefits that it has, there are some key features which can not be missed out, some of them are Email Remittance capture, Discounts and Deductions Handling, Check Remittance Capture, Web Remittance Capture, Invoice Matching, and RDC & Mobile Payments.