Traditional collection methods have posed impending questions than comprehensive solutions. Finance teams continue to manually scout and stay on top of delinquent customer accounts to extract essential funds on outstanding invoices. Businesses need to devise proactive, detailed, and consistent strategy to eliminate long and tedious collections processes and ensure a steady cash inflow.
There is no doubt that e-collections significantly improves collection efficiency for any finance team. For the Mid-Market firms, it helps to slash if not eliminate revenue leakage by fast-tracking collections activities. For customers, it gives them easy access to credit, reduces the overall cost of cash handling and greater transparency into payments made, thereby paving the way for a smooth payment reconciliation process.
Join this webinar to learn effective ways to handle delinquent customers and recover outstanding receivables for a faster time-to-cash. Witness how the digitization of collections has not only unveiled new ways to avoid the looming challenges associated with non-digitized collection methods but has systematically transformed the way both business houses and clients view the collection processes.
Traditional collection methods have posed impending questions than comprehensive solutions. Finance teams continue to manually scout and stay on top of delinquent customer accounts to extract essential funds on outstanding invoices. Businesses need to devise proactive, detailed, and consistent strategy to eliminate long and tedious collections processes and ensure a steady cash inflow.
There is no doubt that e-collections significantly improves collection efficiency for any finance team. For the Mid-Market firms, it helps to slash if not eliminate revenue leakage by fast-tracking collections activities. For customers, it gives them easy access to credit, reduces the overall cost of cash handling and greater transparency into payments made, thereby paving the way for a smooth payment reconciliation process.
Join this webinar to learn effective ways to handle delinquent customers and recover outstanding receivables for a faster time-to-cash. Witness how the digitization of collections has not only unveiled new ways to avoid the looming challenges associated with non-digitized collection methods but has systematically transformed the way both business houses and clients view the collection processes.
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.