Blackhawk and HighRadius to Conduct a Webinar on How to Slash 42% Lockbox Fees
Complimentary webinar on achieving near no-touch cash posting for ACH and other electronic payments at scale
Houston, Texas – February 15, 2018 – On February 15 at 1pm CST, Blackhawk Networks and HighRadius will host a complimentary webinar on lockbox and ACH payment processing automation. Attendees of the webinar will learn how to reduce lockbox remittance capture costs by up to 42% while still achieving zero-touch cash posting for checks and ACH payments.
Teams are looking for ways to cut lockbox expenses, build cash application operations to process ever-increasing ACH volumes, and shift resource focus from low-value cash application to other higher impact A/R functions. The lean A/R team at BlackHawk has plans to achieve just that by automating cash application and focusing on the most critical tasks such as collections and dispute resolution. In this webinar, Blackhawk will share their 5-point agenda to control cash application costs, support ever-increasing ACH adoption, speed-up dispute resolution, improve visibility for dunning processes and simplify compliance for the Sarbanes-Oxley Act.
Title: The Blackhawk Theory: 5 Point A/R Guide to Slash 42% Lockbox Fees and Auto-Apply 126,000 ACH Payment Line-Items/Year
When: February 15, 2018 at 1:00 PM Central Time.
- Cindy Scott, Senior Manager A/R and Billing, Blackhawk Network
- Clayton Wilson, HighRadius, Enterprise Specialist
Register for the webinar here.
About Blackhawk Network
Blackhawk Network Holdings Inc., sometimes referred to as Blackhawk, is a publicly traded company that operates in the prepaid, gift card and payments industries. It supports solutions, technology, management and distribution of branded value such as gift cards, telecom and financial service products. Blackhawk’s network reaches people through a number of different channels including in-store, online, mobile, and incentive. Blackhawk is headquartered in Pleasanton, California and was incorporated in 2006.
The company began by selling gift cards through Safeway stores in 2001 and then expanded to other partners in the United States. The Nordstrom gift card was one of the first items launched by the group. The company grew dramatically over the following years by expanding content, channels and markets through organic growth and acquisition. This included the acquisition of the German startup Retailo and the purchase of Parago Inc. for $290 million. In 2013, the company filed for a $200 million IPO on NASDAQ. In 2014, Safeway divested the rest of its Blackhawk Network shares to make Blackhawk a fully independent company.
About HighRadius Corporation
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 and Freda™ Virtual Assistant for Credit-to-Cash, 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. To learn more, please visit www.highradius.com.
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