An insightful summary of what you should look for in† SaaS O2C solutions to improve metrics and satisfy customers at lower cost in the postmodern ERP environment!
Order-to-cash is one of the most essential functions that work in tandem with ERP. With the flexibility offered by postmodern strategy, O2C leaders have an opening for optimization. By 2020, Gartner predicts that most companies will already have a hybrid ERP architecture of loosely coupled cloud and on-premise solutions The journey, however, starts with a complicated first step of selecting solutions that integrate seamlessly and work in synergy. Here are the top concerns or risks involved in selecting the right solutions:
HighRadius Integrated Receivables Software Platform is the world's only end-to-end accounts receivable software platform to lower DSO and bad-debt, automate cash posting, speed-up collections, and dispute resolution, and improve team productivity. It leverages RivanaTM Artificial Intelligence for Accounts Receivable to convert receivables faster and more effectively by using machine learning for accurate decision making across both credit and receivable processes and also enables suppliers to digitally connect with buyers via the radiusOneTM network, closing the loop from the supplier accounts receivable process to the buyer accounts payable process. Integrated Receivables have been divided into 6 distinct applications: Credit Software, EIPP Software, Cash Application Software, Deductions Software, Collections Software, and ERP Payment Gateway - covering the entire gamut of credit-to-cash.