The adidas Group, joining dozens of other Fortune 500 companies’ presenters, to speak on “Running a Best-in-Class A/R Department” at Radiance 2018 – the HighRadius Accounts Receivable and Credit Conference.
Houston, Texas - Jan 11, 2018
– HighRadius is hosting its fifth annual accounts receivable and credit innovation user conference, Radiance 2018, in Houston, Texas, during February, which includes 38 practitioner-led sessions focused on technology-driven integration and Artificial Intelligence-based automation of the entire credit-to-cash workflow.
On Wednesday, February 21st
, Tracie Duncan, Senior Director of Credit, AR, and Collections at adidas Group will present, “In Good Shape: The adidas Regimen for Running a Best-in-Class A/R Department,”
alongside co-presenter Chris Land, Senior Business Analyst of the adidas Group. Tracie and Chris will walk attendees through their automation journey – from improving the onboarding of new customers, streamlining claims processing, implementing a self-service invoicing and payments portal to strategically leveraging convenience fees to reduce the cost of credit card interchange fees by half – from 3% to 1.5% of transaction amount.
“We realized that instead of optimizing credit management, collections, disputes and invoicing in a piecemeal manner, an integrated approach could serve departmental KPIs and resonate with the finance leadership’s vision of digital transformation across processes. HighRadius have been amazing partners in this journey. The Artificial Intelligence-enabled HighRadius™ Integrated Receivables suite is helping us with a significant reduction in new customer onboarding time, 92% faster dispute resolution for key customers and reduction in invoicing costs to the tune of $200,000 every year,” states Tracie.
To learn and register for Radiance, click here
About Radiance 2018
Radiance 2018 is a three-day, all-inclusive event that features speaking sessions from leading credit, A/R and payments industry practitioners and thought leaders. Hundreds of professionals including representatives from many Fortune 1000 companies will come together for three days of technology, networking and best practices. Attendees will leverage insights and recommendations for immediate improvement in operations and efficiency in the Consumer-Packaged Goods (CPG), Apparel, Food and Food Services, Industrial and Chemical Manufacturing, Energy, Wholesale/Distribution, Pharmaceuticals, Hi-tech, Services and Transportation and Logistics industries.
About the adidas Group
adidas AG and its subsidiaries design, develop, produce and market a range of athletic and sports lifestyle products. The Company's segments include Western Europe; North America; Greater China; Russia/CIS; Latin America; Japan; Middle East, South Korea, Southeast Asia/Pacific; TaylorMade-adidas Golf; CCM Hockey; Runtastic and other centrally managed business. Each market includes wholesale, retail and e-commerce business activities relating to the distribution and sale of products of the adidas and Reebok brands to retail customers and end consumers. The Company has over 2,800 own-retail stores, over 12,000 mono-branded franchise stores, over 120,000 wholesale doors and over 50 e-commerce sites. adidas and Reebok branded products include footwear, apparel and hardware, such as bags and balls.
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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