Treasury Webinars and HighRadius to Showcase How Leading Fortune 1000 Collections Teams Reduce Bad-debt and DSO
Complimentary webinar will share how Fortune 1000 companies achieve a 75% reduction in past-due A/R
Houston, Texas – April 26, 2018 – Treasury Webinars and HighRadius will hold a complimentary, educational webinar for credit and A/R professionals to share proven strategies for filling the 7 most common traditional A/R aging bucket leaks.
With more than 52% of 90-days past-due invoice values being written-off , companies need to take more control of receivables aging. However, most A/R teams continue to rely on traditional parameters such as invoice amount and aging to prioritize collection activities. Learn how collections teams from leading Fortune 1000 companies achieve a 75% reduction in past-due A/R by enhancing collection strategies through an integrated receivables approach with data around account history, credit utilization and open commitments. Learn from real-life case studies of companies which have reduced bad-debt by 30%, DSO by 10%, as well as a 48% reduction in the 30-to-60 days past-due aging bucket.
The webinar also explores the potential application of Artificial Intelligence and machine learning for creating a proactive collections process which leverages predicted payment dates for prioritizing collector activity.
Title: Collecting Every Dollar: Collection Strategies that Fill Leaks in A/R Aging Buckets
When: Thursday, April 26, 2018 | 1pm CT
- Ernie Humphrey, CEO, Treasury Webinars
- Kush Kumar, AVP, Solution Engineering, HighRadius
To register for the webinar, please click here.
About Treasury Webinars
Treasury Webinars (http://www.treasurywebinars.com) offers webinars, designed to help individuals accelerate their careers in Treasury.
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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