October 16, 2014

HighRadius to Host Live Webinar on How Tech Data Achieved a 120%+ Efficiency Improvement on Credit Reviews with Automation in SAP

Join NACM and HighRadius to learn how Tech Data leveraged innovative technology to automate the retrieval of credit information from credit and trade groups. nacm tech data logoHOUSTON – October 9, 2014HighRadius Corporation, a leading provider of Financial Supply Chain Management (FSCM) solutions, and the National Association for Credit Management (NACM), a leading resource for credit and financial management information and education, are proud to announce the upcoming October 16th complimentary webinar with Tech Data on “How Tech Data Achieved a 120%+ Efficiency Improvement on Credit Reviews with Automation in SAP”. The webinar will offer expert advice from Mary Ann Blackmore, Senior Manager of Credit at Tech Data Corporation, Michelle Herman, Business Development at NACM, and Jay Tchakarov, Director of Product Management at HighRadius. Registrants will learn how Tech Data leveraged innovative technology to automate the retrieval of credit information from credit and trade groups and used it to drive credit reviews in order to maximize team member efficiency and focus on high-value activities. This informative webinar will specifically cover how Tech Data was able to: • Automate credit report retrieval to eliminate manual tasks • Setup a fully integrated and automated credit scoring and prioritization mechanism to identify highest risk accounts • Save money by transitioning segments of international business away from credit insurance • Re-allocate resources to higher value-added activities • Enable growth without growing their department team “Credit teams spend too much effort and time on manual, low value activities that introduce delays and increase exposure to risk - tasks like manually collecting the information needed to make decisions such as credit reports, financials, and historic data,” said Sashi Narahari, CEO and President of HighRadius. “Our partnership with a market-leading credit data provider, such as NACM, is a great complement to our ability to eliminate low-value, manual tasks and focus resources on making critical decisions and reducing risk, strengthening our leadership in credit management and automation.” For more information and to register for the webinar, click here. The event will also be recorded and available for on-demand viewing at www.HighRadius.com. About HighRadius: HighRadius improves corporate receivables results by modernizing and streamlining accounts receivables operations. The company’s cloud-based solutions for managing credit, cash application, customer deductions, and collections and certified solutions and services for SAP Receivables Management are trusted by some of world’s most recognizable brand names. Founded in 2006, HighRadius is based in Houston, Texas and is consistently named one of the city’s fastest growing technology companies. For more information please visit www.highradius.com. For additional information, contact: Tara Gallagher Marketing Campaigns Manager tara.gallagher@highradius.com 281-972-2101 About NACM Tampa NACM Tampa, and employee owned (ESOP) affiliate of the National Association of Credit Management, provides fully automated commercial credit products and services to its members and the 30+ industry trade groups that it manages across the US. An early adopter of technology, NACM Tampa developed a highly customized software system of which 24 NACM affiliates utilize today to manage and maintain 700+ industry trade groups spanning the US and 119 countries. Known for constant innovation and consistent top performance among NACM affiliates, NACM Tampa has been voted one of Tampa’s Best Places to work numerous times over the last ten years. For additional information, contact: Bill Meeker, Chairman & CEO wmeeker@nacmtampa.com 800-329-6226 x 118 www.nacmtampa.com Twitter: nacmtampa About National Association of Credit Management NACM, headquartered in Columbia, Maryland, supports more than 15,000 business credit and financial professionals worldwide with premier industry services, tools and information. NACM and its network of affiliated associations are the leading resource for credit and financial management information, education, products and services designed to improve the management of business credit and accounts receivable. NACM’s collective voice has influenced federal legislative policy results concerning commercial business and trade credit to our nation’s policy makers for more than 100 years, and continues to play an active part in legislative issues pertaining to business credit and corporate bankruptcy. NACM's annual conference is the largest gathering of credit professionals in the world. Launched in 2011, the National Trade Credit Report (NTCR) is comprised of NACM affiliates’ local and regional databases. NACM’s Preferred Partner Program helps NACM members easily participate in the NTCR initiative through the software they use on a daily basis. Visit www.tradecreditreport.com/index.php/preferred-partners for more information. For additional information, contact: Michelle Herman, Business Development NACM National Database Team michelle.herman@nacmtampa.com 310-779-4408 www.nacm.org Twitter: NACM_National
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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.