The ideal collections management solution encompasses all the features discussed in the previous chapter and provides scalability in terms of evolving market trends and changing the economy. HighRadius Collections Cloud solution provides a complete set of tools to optimize and automate the collections management process. All the information you need like invoices, dispute information, PODs, claims, tracking info, etc. on each case is automatically presented in a collections work-space and ready for use with a single click. Key Features Include:

• Rules-based Collections Optimization automatically prioritizes and assigns collections activities to analysts based on predefined business rules.
• Integrated Collections Work-space tracks promises-to-pay and tasks and reminders for every account and collection effort.
• Predictive Risk Scoring Model identifies ?at-risk? customers who might be current on their account and integrates the risk level into prioritization.
• Dunning Correspondence Automation generates and sends out correspondence packages containing needed documentation based on predefined templates.
• Easy integration with ERP, Accounting, and other systems