A recent SAP study revealed that write-offs drop 57% at organizations that automate and integrate their receivables management processes. Even so, most A/R teams continue to struggle with manual, busywork across credit, collections and dispute management that does nothing to contribute to top-level metrics such as DSO, DDO, etc.
A key reason is that technology investments for improving A/R team productivity remain underutilized as teams fail to leverage built-in productivity features that come standard with SAP implementations. The efficient usage of these features is key to unlocking team productivity and reducing bad debt write-offs and DSO.
Join us as Jay Tchakarov, VP, Product Management, discusses some lesser-known productivity hacks in SAP Receivables Management that will empower your A/R teams to do more with less.
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.
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We have seen financial services costs decline by $2.5M while the volume, quality, and productivity increase.
Colleen Zdrojewski
Trusted By 800+ Global Businesses
HighRadius Corporation
2107 CityWest Blvd,
Suite 1100,
Houston, TX 77042
