Recurring Annual Savings
No-Touch Cash Posting
Vice President – Financial Services
Dr Pepper Snapple Group
Accounts Receivable(A/R) automation software modernizes the accounts receivable processes with the help of Artificial Intelligence (AI) and Robotic Process Automation (RPA) to reduce repetitive and time-consuming tasks. A/R Automation frees up time for A/R teams to focus on higher-value work, such as reducing days sales outstanding(DSO), monitoring high-risk accounts to mitigate bad debt, instead of keying in remittance data, printing documents, downloading backup documentation.
With HighRadius’ automation software for accounts receivable you could achieve:
Automate cash application across all payment and remittance formats.
Automate credit scoring, speed up credit reviews and minimize blocked orders.
Automate and optimize the credit and collections management processes to improve collector efficiency, minimize bad debt write-offs, improve customer relationships, and reduce DSO.
Streamline invoicing and collections through e-billing and payments software for low-cost invoicing and payments via ACH, SEPA, virtual cards, and credit cards.
Enable a proactive deduction management operation for identifying and resolving invoice disputes and short payments to improve profitability.
Accept ACH, SEPA and virtual/credit/debit card payments across multiple origination points natively from your ERP system while complying with PCI-DSS guidelines.
Analyze the performance of credit-to-cash processes with out-of-the-box dashboards, reports and insights.
Enable digital collaboration between supplier A/R processes and buyer A/P processes.
HighRadius Cash Application Cloud enables the end-to-end automation of the payment reconciliation process that covers remittance aggregation from different sources/formats, payment linking, invoice matching, deduction coding, and posting it to all major ERP software like SAP and Oracle.
HighRadius' AI and Machine Learning powered Order-to-Cash software streamlines and automates key
O2C processes including credit, collections, invoicing, cash application and deductions.
Highradius's comprehensive Credit Risk Decisioning Solutions enable Quick and More Accurate Decisions to streamline the Order-to-Cash Process using Automation and AI.