Serta Simmons | 61% Improvement In Cash App Productivity| HighRadius

31-Day Reduction In Days Sales Outstanding

Others New

Collections Management

95% Accurate Cash Forecasting

Manufacturing New

Cash Forecasting

Treasury

46% Improvement In Credit Analyst Productivity

Building Materials New

Credit Management

96% Automated Cash App With 56% Team Productivity

Food & Beverages New

Cash Application

Cash Application Management

$124 Million Recovered In Invalid Deductions Annually

Food & Beverages New

Cash Application

Cash Application Management

Collections

Collections Management

Deductions

Deductions Management

55% Improvement In Invoice Processing Productivity

Others New

AP Automation

100% Supplier Portal Adoption Of 680K+ Global Suppliers

Manufacturing

Supplier Portal

18% Faster Month-End Close

Manufacturing

Financial Close

50% Higher Productivity Supporting 2x Revenue Growth

Technology

Financial Close

54% Improvement In AR Matching

Others

Cash Application

Cash Application Management

98% Faster Report Consolidation

Others

Financial Consolidation

Financial Reporting

66% Improvement In Cash Reconciliation Productivity

Manufacturing

Balance Sheet Reconciliation

60% Cash Application Productivity Boost

Manufacturing

Cash Application Management

50% Reduction In Past Due Amount

CPG

Collections Management

70% Faster Customer Onboarding

Building Materials

Credit

Credit Management

88% Faster Cash Conversion Cycle

Others

Cash Application Management

Collections Management

$116 Million Unlocked In Working Capital

Technology

Collections Management

90% Straight-Through Cash Application

CPG

Cash Application

Cash Application Management

97% Straight-Through Cash Application

CPG

Cash Application Management

69% Improvement In Cash App Productivity

Manufacturing

Cash Application Management

90% Straight-Through Cash Application

Food & Beverages

Cash Application Management

73% Improvement In Cash App Productivity

Food & Beverages

Cash Application Management

55% Invalid Deductions Recovered

Food & Beverages

Deductions Management

93% Straight-Through Cash Application

Manufacturing

Cash Application Management

94% Straight-Through Cash Application

Others

Cash Application Management

33% Improvement In FTE Productivity

Others

Cash Application Management

33% Faster Cash Application

Food & Beverages

Cash Application Management

10-Day Reduction In Days Sales Outstanding

Others

Collections

Collections Management

$13 Million Recovered With 50% Faster Days To Resolve

Food & Beverages

Deductions

Deductions Management

$5.9 Million Saved In Credit Card Fees Annually

Technology

EIPP

Electronic Invoicing

$93 Million Worth Payments Processed Annually

Food & Beverages

EIPP

Electronic Invoicing

1600 Hours+ Reclaimed For High-Risk Reconciliations

Manufacturing

Balance Sheet Reconciliation

99.3% Accurate Receivable Forecasting Over 6-Months

CPG

Cash Forecasting

75% Improvement In Revenue Recognition Productivity

Others

Balance Sheet Reconciliation

$2 Million Saved Annually In Accounts Payable Across 1800+ Stores

Manufacturing

AP Automation

$500K+ Saved In Credit Card Fees With Level III Processing

Others

EIPP

Electronic Invoicing

56% Reduction In Past Due Amount

Manufacturing

Collections

Collections Management

94% Accurate Cash Forecasting

Manufacturing

Cash Forecasting

Treasury

94.2% Accurate Cash Forecasting

Manufacturing

Cash Forecasting

Cash Management

67% Faster Cash Reconciliation With Automated Journal Posting

Manufacturing

Balance Sheet Reconciliation

65% Faster Bank Reconciliation & 99% Automated Task Completion

Food & Beverages

Balance Sheet Reconciliation

91% Item Automation Rate Reducing Blocked Orders by 30%

Building Materials

Cash Application

Cash Application Management

85% Boost In Cash Application Efficiency

Others

Cash Application

Cash Application Management

Zero Bad Debt Four Years In A Row & 70% Faster Onboarding

Manufacturing

Credit Management

46% Reduction In Past Due Amount & 54% Increase In Productivity

Manufacturing

Collections

Collections Management

95% Straight-Through Cash Application

Food & Beverages

Cash Application

Cash Application Management

$25.5Mn+ Recovered While Boosting Productivity By 75%

CPG

Deductions

Deductions Management

85% Accurate Cash Forecasting Across Cash Collection & Deposit

Building Materials

Cash Forecasting

65% Faster Month End Close

Technology

Financial Close

90% Cash App Automation Reducing DSO by 20 Days

Others

Cash Application

Cash Application Management

5 Day Reduction In DSO & 43% Increase In Collector Productivity

Manufacturing

Collections

Collections Management

$7.5 Million Invalid Deductions Recovered Annually

Food & Beverages

Deductions

Deductions Management

28% Decrease In Past Due & 30% Improved A/R Productivity

Building Materials

Collections

Collections Management

96% Straight-Through Cash App Lowering Credit Risk by $57Mn

CPG

Cash Application

Cash Application Management

$5 Million Recovered In Invalid Deductions Annually

Food & Beverages

Deductions

Deductions Management

41% Reduction In % Past Due and 1238 hours saved per FTE

Technology

Collections

Collections Management

$1.3 Million Interest Savings Annually

Technology

Cash Forecasting

Cash Management

$6.2 Million Unlocked In Working Capital Annually

Food & Beverages

Collections

Collections Management

$57 Million Reduction In Credit Risk Annually

CPG

Credit Management

30% Decrease In Past Due & 70% Faster Customer Onboarding

Building Materials

Collections Management

50% Reduction In Past Due (40% → 20%)

Others

Collections

Collections Management

20-Day Reduction In DSO & 40% Boost In Collector Productivity

Others

Collections

Collections Management

$30Mn Added In Cash Flows Across O2C, Accounting & Treasury

Technology

Cash Forecasting

Cash Management

EIPP

Electronic Invoicing

Order to Cash

Accounts Payable

B2B Payments

Consolidation & Reporting

Close & Reconciliation

Treasury & Risk

61% Improvement In Cash App Productivity

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