Taking a fresh look at the latest technologies CFOs can use to transform their finance function and add more value to the business, all while balancing performance, efficiency, and risk.
Robotic Process Automation: Robot Processing Automation or RPA is the use of software ?robots? mimicking human actions to perform only a pre-programmed business process. AI is used as a parent term. It is the net application of multiple processes, one of which is Robotic Processing Automation (RPA). Artificial intelligence: Artificial Intelligence or AI is the ability of computer systems to learn, reason, think and perform tasks requiring complex decision making. Artificial Intelligence is better than RPA! Because AI :
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.