Summary-9


An insightful summary of the essential skills required to steer your accounts receivable in the right direction while climbing your career ladder at the same time!

Contents

Chapter 01

Preamble

Chapter 02

Defining the 5 Essential Skills

Chapter 03

Skill #1 Drive Compliance

Chapter 04

Skill #2 Standardize Collections

Chapter 05

Skill #3 Minimize Credit Risk

Chapter 06

Skill #4 Process Improvement

Chapter 07

Skill #5 Transform A/R Operations

Chapter 08

Summary

Chapter 09

About HighRadius
Chapter 08

Summary


Yes. Those are the things on the horizon that are going to completely change the outlook of accounts receivable in the next two years! Here is a quick overview of what you need to beat the odds, accelerate your growth, and drive your A/R which is as advanced as Tesla:-

  1. Drive compliance for everyday tactical work by understanding critical trade credit and collections laws
  2. Standardize collections operations with the help of customer segmentation and dunning strategies
  3. Minimize credit risk with a step-by-step approach to creating a credit policy framework that aligns with business growth objectives
  4. Build process improvement recommendations by leveraging reporting and analytics for immediate course-correction and strategic insight
  5. Transform credit and A/R processes by leveraging cutting-edge technologies including Robotic Process Automation and Artificial Intelligence

Acquiring these skills can help leaders and pioneers across the credit and A/R space regardless of their individual job roles reach to the pinnacle of their success while delivering top of the class results. On another note, want to know what beyond the curve technologies look like? Turn the page.

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HighRadius Collections Software automates and optimizes the credit & collections management process to improve collector efficiency, minimize bad debt write-offs, improve customer relationships, and reduce DSO. It provides a complete set of tools to optimize and automate the credit collections management process and enable the better prioritization of credit collections activities All the information you need (invoices, dispute information, POD, claims, tracking info, etc.) on each case is automatically presented in a collections work-space and is ready for use. Apart from the wide variety of benefits that it has, it also comes with some amazing features like CADE (Collection Agency Data Exchange), collector’s dashboard which has prioritized collections worklist, automated dunning & correspondence, dispute management, centralized tracking of notes, call logs & payment commitments along with cash forecasting functionalities. The result is a more efficient collections team that contributes to enhanced cash flow and reduced DSO.