Reduce DSO and Bad-Debt with AI and RPA

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.
  • Reduce Past-Due Accounts Receivable by 75%
  • Automate Account Prioritization and Dunning Strategy
  • Get Estimates for Payment Date and Delinquency
  • Improve Collector Productivity by 30%

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Features: Collection Cloud Software

Collection Agency Data Exchange

Enhance Cash Flow and Reduce DSO with seamless integration with collections agencies through Collection Agency Data Exchange (CADE) CADE provides a way for accounts receivable teams to streamline data sharing with collection agencies.

Collector Dashboard – Prioritized Collections Worklist

Prioritize collector worklists with configurable collector dashboards and auto-generated summary reports to maximize collector effectiveness and auto-recommend account-level actions based on your collections strategy.

Automated Dunning & Correspondence

Automate dunning via email, fax, and print and mail with easy-to-create correspondence templates as well as packages to include invoices and account statements.

Dispute Management

Capture invoice disputes, create and share pre-deduction information, and initiate workflows for dispute resolution and enable easy-integration with deductions management.

Notes, Call Logs, and Payment Commitments

Centralize tracking of all call logs, payment commitments, tasks, and correspondence notes for every customer in a single system without having to use spreadsheets, notepads, or post-its.

Cash Forecasting

Project cash flow based on payment behavior, payment commitments, and collection effectiveness, and gain improved visibility into collections output supported by ready-to-use collections reports and dashboards.

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$2M

HighRadius Customer: Keurig Dr Pepper

Savings with Continuous
Improvement

40%

HighRadius Customer: Ferrero

Increased Collector’s
Productivity

150%

resources-fleetpride

Increase in collections team
efficiency in 3 months

Coleen

Colleen Zdrojewski

Vice President – Financial Services
Dr Pepper Snapple Group
With HighRadius, we have seen Financial Services costs decline by $2.5M while volume, quality and productivity increased.

Mike Pettyjohn

Head of Accounts Receivable, Finance Business Services
Danone
The HighRadius team is excellent and I am excited about our ongoing partnership using the Integrated Receivables platform.

Marinko Marijolovic

Director, Corporate Credit Services
ShurTech
We started seeing immediate results upon implementation. 100%+ efficiency gain.