The Clorox Company, a leading CPG company leveraged technology to work around the limitations of their ERP system and ensured 80% automated cash posting with HighRadius Cash Application Solution
REGION
North America
REVENUE
$6.72 Billion
Top Challenges
Inaccurate and delayed cash posting.
Decreased productivity within the team as remittances were received through emails and web portals.
Performing deduction coding manually for a high volume of deductions.
Business Benefits
Automated invoice matching helped them in processing the payments faster.
Seamless capture of remittance information from various payment formats helped automate the process.
Automated deduction coding to eliminate manual deduction coding and delay involved.