HighRadius provides Accelerators for SAP Receivables Management modules that enhances the functionality and are fully integrated natively into the SAP modules in real-time. These Accelerators play a critical role in business transformation initiatives requiring a strong Return on investment (ROI) objectives. Additionally, it keeps the customization to minimum and significantly reduces the project risk from a budget and timeline overflow stand-point. Built on top of SAP Netweaver, all the Accelerators are developed in ABAP namespace and certified by SAP.
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Dispute & Collections Accelerator
HighRadius Dispute & Collections Accelerator for SAP enhances the SAP Collections & Dispute Management modules. Following is a summary of some key capabilities:
- Workflow template to enforce a standardized business process for each unique reason-code/category
- Rules based dynamic routing of deductions to various departments, roles & users
- Dispute research automation algorithms for carton shortages, concealed shortages, price variance analysis, returns variance analysis etc
- Hierarchical Approval workflow for write-off or credit memos based on dollar amount, company code, reason-code etc
- Credit Debit Matching engine based on customer specific mass matching rules
- Automatically download Proof-of-Delivery (POD) from Carrier’s website and debit memos from customers websites and attach to SAP transactions
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Advanced Correspondence Accelerator
HighRadius Advanced Correspondence Accelerator for SAP enhances the SAP Collections & Dispute Management modules. Following is a summary of some key capabilities:
- Library of collection & dispute letters. Additionally, end-users can create correspondence letters dynamically in SAP without requiring Smart Form development
- Ability to automatically send collection correspondence such as past due letters, invoice copy, POD copy etc via email and fax directly from SAP
- Ability to mass generate collated claim denial packages for invalid disputes cases including customer denial forms, invoice copies, debit memos POD etc
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Credit Decision Accelerator
HighRadius Credit Decision Accelerator for SAP enhances the SAP Credit Management module. Following is a summary of some key capabilities:
- Integration with third-party credit bureaus, insurance companies etc
- Ability for end-users to create a scoring model without requiring any programming
- Trigger Credit Workflows for 'New Customer', Blocked Orders', 'Periodic Review', 'Distressed Financial', 'Approval' etc
- Credit dashboard to enable instant credit decision making
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