Receivables, Credit, Collections and Deductions Management

Integrated Accounts Receivable System

Deduction Management Software

Deductions Management Software for Identifying and Resolving Invoice Disputes and Short Payments to Improve Profitability

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DEDUCTION CLOUD- KEY FEATURES

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Claims from Customer Portals, Emails and Third-Party Websites

Automate download and information capture for claim documents from emails, paper claims, customer websites, and popular A/P networks and link these documents to open deductions using robotic process automation.

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PODs, BOLs from Carrier Portals and Emails

Automate collection, information capture, and collation for PODs and BoLs while linking them to corresponding open deductions.

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Automatic Trade Promotion Settlement

Integrate with your Trade Promotion Management (TPM) systems including Vistex, SAP, Accenture CAS, and many more for automatic settlement and resolution of trade related deductions.

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Deduction Resolution, Collaboration and Approval Workflows

Speed-up deduction resolution with customizable workflows for research and approvals with internal and external stakeholders across A/R, sales, customer service, and broker teams.

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Deduction Correspondence

Automate generation and distribution of denial correspondence to customers along with all supporting documents as per individual customer requirements.

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Push Data to Customer Portals

Automatically post denial correspondence to the customer web portals for easier notification and communication.

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Deduction Management- Solution Overview

Proactive deduction management operation that recovers revenue normally lost to invalid deductions

HighRadius Deductions Cloud provides automation, process standardization, and a platform for cross-departmental and customer collaboration. The solution provides the most robust automation engine available to capture deduction data from customers and supply the information required for resolution. Backup documentation, such as Proofs of Delivery (PODs) and Bills of Lading (BOLs) are captured automatically and linked to the corresponding deductions to reduce manual research. Corresponding trade promotions are also identified and suggested for settlement. Workflow and automated correspondence engines streamline communication and approval processes. The result is a proactive deduction management operation that recovers revenue normally lost to invalid deductions.

$507 Billion

Total Receivables

$289 Billion

Total Payments

$30 Billion

Total Deductions

Processed Annually via our Integrated Receivables Platform

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