The adidas Group Fit and Healthy Receivables

Key Takeaways

Increase A/R team’s efficiency and productivity by 40%

Onboard new customers 95% faster

Achieve 25% increase in adoption of electronic payments

Aggregate claim documents 92% faster from emails, EDIs and web portals

Speakers

Tracie Duncan, Director, AR, Credit and Collections, adidas

About The Webinar

In 2015, Adidas concluded that to increase working capital and cash flow, it had to move away from disconnected A/R functions and adopt an Integrated Receivables approach. Thus, began their A/R transformation journey.

There’s no time like the present

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HighRadius Cash Application Software enables the end-to-end automation of the cash application process that covers major benefits such as AI-enabled data capture for remittances, auto-linking of payments with open invoices, cost-cutting on lockbox fees and easy compatibility with any system due to its ERP-agnostic Saas infrastructure. Apart from the major benefits that it has, there are some key features which can not be missed out, some of them are Email Remittance capture, Discounts and Deductions Handling, Check Remittance Capture, Web Remittance Capture, Invoice Matching, and RDC & Mobile Payments.