5 Ways CFOs and Credit/AR Leaders Can Reduce Bad Debt and DSO
Join HighRadius as we explore the emerging technologies that will realize immediate efficiency gains and cost savings in AR departments by eliminating manual tasks through automation
March 15, 2016, Houston, Texas – Emerging technologies are enabling finance executives and credit and AR leaders to achieve exponential improvement in performance, including the virtual elimination of bad debt and overall reduction in Days Sales Outstanding (DSO). Join Shankar Bellam, Senior Solution Architect at HighRadius for a Lunch and Learn session that explores the 5 Ways CFOs and Credit / AR professionals could employ technology to facilitate 90% automation in previously manual tasks across the credit and accounts receivable cycle.
From customers to cash, processes and workflows in accounts receivables have been tediously manual in nature. New customer on-boarding, invoice and payment collection, payment processing and cash application, back-up documentation collection, dispute and deduction management, as well as late payment collections are all ripe for automation, which saves companies substantial time, money and resources.
During the one-hour session, Shankar will detail the technologies that will shape the future of accounts receivables systems, such as artificial intelligence, web aggregation, credit risk and trade promotion management and correspondence automation. He will demonstrate how these various business-specific automation technologies help to eliminate costly manual activities and shift the focus of attention from time-consuming administrative work to more value-added efforts, such as decision making and building relationships with customers.
The education session will take place at the Marriott in Marina del Rey, 4100 Admiralty Way at 12 noon, Monday, March 21 directly following the CRF SAP and Oracle User Group workshops located at the same hotel. The lunchtime session is complimentary and lunch will be provided at no charge to registered attendees.
For more information or to register, click here.
HighRadius provides Financial Supply Chain Management (FSCM) software solutions to optimize receivables and payments functions such as credit, collections, cash application, deductions and eBilling. HighRadius Receivables OnDemand and Payments OnDemand solution suites are delivered as software-as-a-service in the cloud to automate the entire credit-to-cash cycle. HighRadius certified Accelerators for SAP Receivables Management enables large enterprises to achieve advanced business transformation initiatives and leverage their SAP investments with lower TCO. HighRadius solutions have a proven track record of reducing days sales outstanding (DSO), bad debit and increasing operation efficiency enabling companies to achieve an ROI in few months. For more information please visit www.highradius.com.
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