January 24, 2018

HighRadius Announces CPG, Food & Beverage and Manufacturing Industry Focus Groups at Radiance 2018

HighRadius’ Fifth Annual Credit and Innovation Conference will host pre-sessions to facilitate industry-based discussions, including trends and in-depth knowledge as part of the conference package. Houston, Texas - January 24, 2018 – HighRadius has added industry-focused, pre-conference sessions to their fifth annual credit and innovation conference, Radiance. Held in Houston, Texas this February, the overall Radiance agenda includes more than 30 industry leaders, alongside the three industry focus groups for Consumer-Packaged Goods (CPG), Food & Beverage and Industrial & Chemical Manufacturing, plus hands-on training, product demonstrations and a partner pavilion. Monday, February 19th, following pre-event HighRadius User Training sessions, industry leaders will facilitate focus groups beginning at 1:30 PM. These focus groups will cover essential topics for A/R teams from an industry vertical perspective, discussing changing business environment, competition, internal processes and business expectations in the coming few years. The three industries chosen include CPG, Food & Beverage and Industrial and Chemical Manufacturing and will feature three one-hour sessions that explore various challenges and trends within the industry showcased. The CPG Credit and A/R Forum will be led by Greg Ottalagano, Manager of AR and Credit at Church & Dwight, Jessica Butler, Founder at Attain Consulting Group, and Shankar Bellam, Solution Principal, at HighRadius. The CPG industry sessions will focus on key trends that will have the greatest impact on CPG industry A/R teams in the coming decade and how to unlock the value-creation potential of these trends. Three one-hour sessions will start with an exploration of the digitization of the AP-AR collaboration, sharing how to exploit technology-driven opportunities for streamlining processes. The second session will reveal best practices for converting localized business service delivery to enhanced operating models, exploring the redesigning of the service delivery of credit and A/R functions through a CPG lens. The third open discussion will explore best practices to manage trade deductions, benefits of integrating TPM and deduction systems, and automated claims aggregation. The Food and Beverage Credit and A/R Forum will be led by Kay Rogers, Senior Credit and Deductions Manager at Ferrero, Kim Erickson of Optimize Consulting and Dan Chapman, Strategic Accounts Executive, at HighRadius. This roundtable will feature three one-hour open discussions, beginning with best practices to help food manufacturers and distributors capture intelligence and insight to improve A/R performance. The second discussion covers best practices to manage trade deductions and performance, leading into the third discussion which explores the convergence of the latest technological trends to enhance growth, drive sales and improve accounts receivables KPIs such as DSO, DDO and CEI. Radiance’s third industry-focused roundtable, the Chemical and Industrial Manufacturing Credit and A/R Forum, will focus on the ways in which the chemical and manufacturing industries are embracing the headwinds of digitization to avoid being left in the wake. Led by Bill Sarda, Solution Principal, at HighRadius, the opening session will discuss how credit and A/R teams should develop an “interconnected business” to gain an edge in the hypercompetitive low-growth world. The second session, covering buyers’ behaviors through data analytics, will invite participants to discuss how credit and A/R teams create value by applying behavioral analytics to supplier-buyer and trade credit relationships. The Chemical Forum will wrap up with a session on how technology helps organizations improve high-impact business decision by providing access to real-time, rich quality credit data and developing a framework to share this with credit leaders. The industry sessions are included as part of the overall conference package. Registered attendees are encouraged to attend any one of the many sessions. To learn more about Radiance and register, click here. About Church & Dwight Church & Dwight Co., Inc., a $3.5 billion company, is one of the fastest growing Consumer-Packaged Goods companies that has outpaced the Standard & Poor's by more than three times over the last 10 years. Church & Dwight, Inc., founded in 1846, is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda, a natural product that cleans, deodorized, leavens and buffers. The Company’s ARM & HAMMER™ brand is one of the nation’s most trusted trademarks for a broad range of consumer and specialty products developed from the base of bicarbonate and related technologies. About Attain Consulting Group Attain Consulting Group, LLC is dedicated to helping companies increase profitability by reducing and controlling chargebacks and deductions. By offering proven, impact-oriented services such as Deduction Check-Ups, Customer Recovery Strategies, Settlement Preparation and Negotiation Assistance, Deduction Coaching and tailored Training Programs, Attain Consulting helps companies improve their vendor compliance performance. About Ferrero U.S.A. Ferrero U.S.A. Inc. is a subsidiary of Ferrero International, a wholly-owned family business founded in 1946 in Italy. Ferrero International is now in its third generation of management, led by Chief Executive Officer Giovanni Ferrero. Ferrero International is the third largest chocolate company in the world with annual sales over $10 billion.  It has 78 subsidiaries worldwide, with 22 manufacturing plants and several repacking centers, including the facility in New Jersey. Ferrero has a portfolio of unique and beloved brands that include Nutella® hazelnut spread, Ferrero Rocher® chocolates, Raffaello® confections and Tic Tac® mints. About Optimize Consulting Optimize Consulting provides holistic process improvements, with a targeted focus on teams, for major clients in the manufacturing industry. They service clients who foster an appetite for growth, development, optimization, and efficiency.  Their mission is to sustainably improve accounts receivables operations, with a focus on deduction management to increase profitability. They work to make organizations more collaborative and explore possibilities as a company, with a strong focus on impact to people. 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. For More Information Contact: Taylor Bartlett Marketing Coordinator taylor.bartlett@highradius.com
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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.