An insightful summary of how these GPOs made their Order To Cash future-ready while reducing costs, improving metrics and keeping their customers happy!
Before jumping into the next best technology available, it is essential for the GPOs to take a step back and analyze their processes in-depth. Poor understanding might lead to poor decisions at high costs and negligible results. Hence, only after comprehensive analysis and benchmarking, GPOs are informed enough to make accurate decisions.
With this, Gunther Smets, OTC GPO for Cargill was able to make informed decisions and transform into a lean and simplified A/R
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.