As organisations across the globe are opening up and businesses are adjusting to the new normal ‘Beyond COVID-19’, do you wonder what Fortune 500 companies are doing to stabilise their A/R operations? Join Daniel Harbal, Senior Credit Services Supervisor, Zaneta Hlinkova, Cash Application Manager and Brett Keen, ITC Manager(Credit & Collections) from Medtronic in an ‘Ask Me Anything session’ where they cover the following discussion tracks:
1. Credit Risk Mitigation Strategies During the Crisis
a. Handling bankruptcy trends & possible payment frauds
b. Performing portfolio analysis & reading financial statements
2. Handling High DSO & Customer Delinquency Trends
a. Key credit & collection indicators that would drive your collection strategies
b. Ensuring healthy customer experience as an end-product in collections
3. Improving Employee Productivity in a Remote Workforce
a. Redefining plan vs actual metrics for A/R teams
b. Leveraging reporting & analytics for a global visibility across shared services
HighRadius Credit Software automates the credit management process, enabling credit managers to make highly-accurate credit decisions 2X faster and enable faster customer onboarding with 4 primary components: configurable online credit application, customizable credit scoring engines, credit agency data aggregation engine, and collaborative credit management workflow. Along with that, there are a lot of key features that should definitely be explored some of which are online credit application, credit information aggregation, automated credit scoring & risk assessment, credit management workflows, approval workflows, and automated bank & trade reference checks. The result is faster customer onboarding, better internal collaboration, higher customer satisfaction, more targeted periodic reviews, and lower credit risk across the company’s customer portfolio.