Enhance Cash Flow and Reduce DSO with Proactive Collections Management
HighRadius Collections Cloud solution provides a complete set of tools to optimize and automate the credit and collections management process and enable better prioritization of collections activities.
- Input: Open A/R, invoices, dispute, POD, and claims information are extracted from ERP
- Process: Rules and strategies, driven by dynamic parameters and AI-powered customer level insights, are leveraged
- Output: Real-time prioritized worklist and collections workspace which provides a single-point access to all information
With a prioritized worklist driven by predefined business rules, readily available backup information and automated dunning correspondence, collectors are able to contact more accounts and centrally track collections activities for proactive review and follow-up.