Four ways to achieve process excellence
The Hackett Group?s research has isolated 10 critical capabilities of a top-performing customer-to-cash process. These represent the most important best practices for driving enhanced efficiency and effectiveness, as well as a better experience for stakeholders. Collectively, these capabilities establish a useful target for organizations aiming to achieve world-class performance in finance (Fig. A). -300×276.jpg” alt=”Characteristics of a top-performing customer-to-cash process” width=”700″ height=”644″ />
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.