HighRadius Deductions Cloud leverages in-built RPA to automatically capture backup documents such as claims, proof of deliveries, bill of lading. Claims are auto-captured at a line-item level from emails, customer portals, paper claims, while proof of deliveries is aggregated from carrier portals. Deductions Cloud automates claims processing by linking claims with their respective deductions.
Deductions Cloud leverages Artificial Intelligence capabilities to predict invalid deductions to improve the net recovery rate. AI analyzes the past resolution patterns and deduction history to predict the potential invalid deductions. Deductions Cloud helps your deduction teams prioritize high-dollar value and invalid deductions and collaborate with collectors to recover them faster.
Deductions Cloud helps you reduce Days Deduction Outstanding(DDO) by fast-tracking the dispute resolution. With Deductions Cloud Software, your analysts can automatically capture claims and backup documents without any manual intervention. Deductions Cloud automates the overall deductions research to fast-track the resolution of deductions and reduces the DDO.
With Deductions Cloud, your deduction teams can work on research-ready deductions. For instance, Deductions Cloud Software auto-aggregates backup documents and links them to their respective deductions. This way, your analysts only need to review the deductions research and choose a deduction resolution method.
HighRadius Deductions Cloud Software enables your deduction teams to resolve deductions faster and reduce the overall Days Deductions Outstanding(DDO). Deductions Cloud eliminates the manual aggregation of backup documents such as claims, proof of deliveries and automates the deductions research for trade and non-trade deductions. This way, your analysts can dedicate more time towards resolution of deductions. AI-powered Deductions Cloud predicts the potential invalid disputes so that your analysts can focus more on the recovery of high dollar value invalid deductions. With collaborative electronic workflows and automated correspondence, Deductions Cloud simplifies complex collaboration across internal and external stakeholders.