October 20, 2017

HighRadius Offers Lunch and Learn Session on Best Practices and Experiences Around Receivables, Credit, Collections and Deductions

Join Andrew Morris from Acosta as He Shares How to Manage Half a Million Claims Using Automation Fort Lauderdale, Florida - October 20, 2017 – HighRadius will be hosting a Lunch and Learn session featuring Andrew Morris, Vice President, Business Process Solutions at Acosta, who will share how technology has enabled the automation of the claims process and focused the in-house team on customer-centric issues and process improvement. The Lunch and Learn session is complimentary for registered participants, and attendees need not be part of the CRF Forum, which follows the lunch, to attend the education session. HighRadius Lunch and Learn @11:30 AM, October 22nd During the Lunch and Learn, Andrew will share “How Acosta Manages More than Half a Million Claims for the Largest CPG Companies in the World.” Learn from Andrew as he discusses that 23 out of the 25 largest CPG companies in the world outsource their marketing and sales functions to Acosta, including receivables and deductions operations with more than half a million claims annually. Founded in 1927, Acosta has grown from a local food broker to become the leading outsourced sales and marketing agency serving consumer packaged goods companies and retailers across the United States and Canada. Acosta offers a unique combination of trusted leadership, extensive reach and critical expertise that achieves superior results for their clients. Join Andrew to learn how Acosta was able to address challenges in receiving short-payment information, researching claim validity and delayed visibility into trade promotion performance. He will share how automation helped deliver faster deduction resolution, created one-stop access to all claims information, and optimized the team size, moving from 24 members to 10 members and 1 supervisor. Employing an advanced technology solution, Acosta was also able to automate the gathering of short-payment and claim backup information from paper, emails and manufacturer and retailer websites, and enrich the data available for research. Click here to [register for the Lunch and Learn] (link: https://www.highradius.com/category/news/) 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: Tara Gallagher Senior Marketing Manager tara.gallagher@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.