September 13, 2017

AR & O2C Network and HighRadius to Conduct a Complimentary Webinar on A/R Best Practices

Join the upcoming webinar to learn how Fortune 1000 firms have strategically bridged the divide to reduce DSO by 10% and past-due A/R by 75%. Houston, Texas – September 13th, 2017 – HighRadius Corporation will be featured in a complimentary webinar hosted by AR & O2C Network on the topic “A/R Best-Practices: 5 Steps to Strategic Customer A/P Relations and Lower DSO,” on September 13th 1 PM CST. Attendees of the session will learn a proven five-step process from thought leaders on the best practices to reduce DSO. A recent study by EY estimates that the top 1000 US companies could save more than 35% of the $375 billion dollars tied up in working capital through faster conversion of receivables. While the speed of the credit-to-cash cycle heavily depends on terms dictated by the customer, an easy improvement is addressing the broken information exchange mechanism between A/R and A/P teams which has traditionally been viewed as a transactional process. From invoice exchange, payment terms, options and early-pay discount collaboration, and accurate remittance information acquisition, A/R KPIs are heavily impacted due to largely manual, time-consuming collaboration and communication activities. In the upcoming webinar, Chris Doxey, President, Doxey Inc. (P2P Leading Practices) and, Ron Jethani, Sr. Solution Principal, HighRadius  will discuss best practices on reducing receivables processing costs by driving electronic invoicing and payment adoption with small and medium businesses, which make up 80% of customer accounts - plus many more key takeaways to reduce DSO. For more information or to register for the live event click here.   About HighRadius HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company. The HighRadius™ Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing and payment processing. Powered by the Rivana™ Artificial Intelligence Engine, HighRadius™ Integrated Receivables enables teams to leverage machine learning for accurate decision making and future outcomes. The RadiusOne™ B2B payment network allows suppliers to digitally connect with buyers, closing the loop from supplier receivable processes to buyer payable processes. HighRadius solutions have a proven track record of optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, and increasing operational efficiency so that companies may achieve strong ROI in just a few months. About Doxey Inc. - P2P Leading Practices Chris Doxey is President of Doxey Inc. Chris spent most of her career implementing leading financial processes and internal controls at global companies such as Digital Equipment Corporation, Compaq Computer Corporation, Hewlett Packard, and MCI where she was a controller, director of financial process transformation and other global financial processes. About AR & O2C Network AR & O2C Network is part of the Institute of Finance and Management. The AR & O2C Network is the leading provider of training, education and certification programs specifically for Accounts Receivable, Order-to-Cash, Global and Shared Services professionals. About IOFM The Institute of Finance and Management (IOFM) is the leading organization providing training, education and certification programs specifically for professionals in Accounts Payable, Procure-to-Pay, Accounts Receivable and Order-to-Cash, as well as key tax and compliance resources for Global and Shared Services professionals, Controllers and their F&A teams. # # # For More Information Contact: Taylor Bartlett Marketing Coordinator 281.972.2101
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HighRadius Cash Application Software enables the end-to-end automation of the cash application process that covers major benefits such as AI-enabled data capture for remittances, auto-linking of payments with open invoices, cost-cutting on lockbox fees, and easy compatibility with any system due to its ERP-agnostic Saas infrastructure. Apart from the major benefits that it has, there are some key features that can not be missed out, some of them are Email Remittance capture, Discounts and Deductions Handling, Check Remittance Capture, Web Remittance Capture, Invoice Matching, and RDC & Mobile Payments. Improve your efficiency with our order-to-cash templates such as - A/R Aging Report, DSO calculation excel template, A/R Dashboard excel template, credit scoring model for new customers, 21 Credit-collections email template, and Our Ebooks.