With HRC Cash App Software, Zurich Insurance enabled same day cash posting with 85% invoice level hit rate, while a leading insurance brokerage firm was able to achieve 97% invoice level hit rate.
With HighRadius, one of the top insurance companies was able to save $250,000 after reallocating 33% employees to higher value manual tasks.
With the HighRadius Collections Cloud, a leading global provider of insurance was able to collect premiums faster and reduced their past due by 35% in 2 months.
“Why were the payments not applied when we saw that we received the money a month ago, what happened? I wanted to eliminate that, and we implemented the cash application solution from HighRadius.”
Vendor Performance Manager, Zurich
A leading insurance brokerage firm had to spend a lot of their resources in manually aggregating remittances and manually processing 100% EFTs. Discover how HighRadius helped them overcome this challenge, along with helping resources be reallocated to high value tasks.
Autonomous Receivables Solutions for Order to Cash in Insurance CompaniesDownload Datasheet
Customer Centric Digital Transformation- Zurich’s Digital Initiatives for 2020 & AheadWatch Webinar
How one of the World’s Top Insurance Companies Leveraged AI to ‘Insure’ 85% Cash PostingRead Blog