An insightful summary on how to leverage credit and A/R data to lower operational costs
Many forces, including intensifying global competition, changing business operating models and lingering recessionary conditions, require finance organizations to continue to look for ways to wring improvements from every aspect of their operations, including their order-to-cash processes.
Whether broadly transformative or limited and incremental in nature, this eBook shares best-practices of organizations improving their working capital by optimise accounts receivable management and leveraging credit and A/R data to lower operational costs, improve customer relationships and gain a sharp competitive edge.
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.