Is Your Current Accounts Receivables Method Effective?

What you’ll learn

  • How accounts receivables process has evolved over time
  • Know whether your current invoicing method is working or not

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The process of selling on credit, invoicing, following up for collections, matching payments with bank records is as old as time. But do you know that the accounts receivable process has evolved radically over time? Today, AR automation has not only enabled quicker and easier collections but also helps you with many aspects. For instance, you can ensure a better customer experience with on-time billing, payment options, quicker credit onboarding, and more. For internal teams, AR automation enables efficient collection prioritization, cash reconciliation, and less manual efforts. Signs to know if your current invoicing method is working or not Click here to do an accounts receivable automation assessment.

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HighRadius Integrated Receivables Software Platform is the world's only end-to-end accounts receivable software platform to lower DSO and bad-debt, automate cash posting, speed-up collections, and dispute resolution, and improve team productivity. It leverages RivanaTM Artificial Intelligence for Accounts Receivable to convert receivables faster and more effectively by using machine learning for accurate decision making across both credit and receivable processes and also enables suppliers to digitally connect with buyers via the radiusOneTM network, closing the loop from the supplier accounts receivable process to the buyer accounts payable process. Integrated Receivables have been divided into 6 distinct applications: Credit Software, EIPP Software, Cash Application Software, Deductions Software, Collections Software, and ERP Payment Gateway - covering the entire gamut of credit-to-cash.