As we stride along 2022, finance leaders – is there something your past dues don’t want you to know in the thick of overloaded spreadsheets and manual processes? According to PYMNTS, mid-sized businesses represented $1.2 trillion of outstanding receivables in 2021.
Well, imagine if you could process payments 15% faster! That’s what the best-in-class accounts receivable teams have achieved, as reported by Business Wire. If your AR team is having trouble in paradise, charting an AR Maturity Model could help you assess your current operations to advance up the maturity pyramid.
In this webinar, Sid Subramani, Senior Digital Transformation Principal at HighRadius, shares his insights with finance leaders on building a resilient and proactive AR. See how technology could help consolidate, automate, and drive order-to-cash efficiency to ensure scalability.
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.