Press Release

SAP and HighRadius to Conduct a Complimentary Online Workshop on Credit Management in SAP S/4HANA®

Join the live workshop to learn from thought leaders on the latest innovations in Credit Management in SAP S/4HANA® Finance

London, UK – September 06, 2017 – HighRadius Corporation will host an online workshop featuring SAP on the topic “3 steps in Credit Management to Reduce Bad-Debt by 30% and Support Growth” on September 14th at 1:00 PM BST. Attendees of the workshop will learn a proven three-step process to scale credit management processes and reduce bad-debt.

A study by the Hackett Group found that the top 1000 non-financial European organizations have €1 Billion in excess working capital. Given this backdrop, CFOs are increasingly looking at credit departments to help commercial teams in business growth by reinvesting this excess capital into profitable customer segments. However, most credit teams are caught up in day-to-day tactical operations, including onboarding customers, setting credit limits and unblocking credit holds, and are thus unable to adequately address these strategic maneuvers.

In the upcoming online workshop, Christina Sievert, Solution Consultant, SAP, and Jay Tchakarov, VP, Product Management and Marketing, HighRadius, will discuss best practices and advanced technology for improved customer master data, faster customer onboarding, effective blocked order management and real-time credit reviews, all which may serve to speed up processing work – freeing up time for more strategic initiatives.

Registered attendees of this live, online event will learn the latest innovations in S/4HANA Finance and Artificial Intelligence technology that double the productivity and scale credit management operations. The session will also feature an interactive Q&A session as David and Jay field questions on the key capabilities of the SAP S/4HANA® Finance suite, SAP® Cloud Platform and SAP Fiori® 2.0.

Christina states, “S/4HANA is seeing a 100% adoption year-over-year. CFOs rely on credit teams to not only control receivables risk, but also enable business growth. S/4HANA Finance powered by machine learning, in conjunction with Fiori 2.0 and the SAP Cloud Platform, provides all the necessary tools that credit teams need to not just meet, but exceed CFO expectations.”

Adds Jay, “At HighRadius, our mission is to deliver value in the credit-to-cash space with our Integrated Receivables offerings. We are delighted that HighRadius™ solutions work seamlessly with S/4HANA to help credit leaders reduce credit risk exposure and bad-debt.”

For more information or to register for the live event Click here

 

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, 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.

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SAP, SAP S/4HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

For More Information Contact:

Gwyn Roberts,

VP-EMEA, HighRadius UK Limited,

Email- gwyn.roberts@highradius.com

Ph: +44 7399 406889


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