Customer-Centric Digital Transformation: Zurich’s Digital Initiatives for 2020 and Ahead

Speakers

Tisha Clausell

Vendor Performance Manager,
Zurich Insurance

Gail Mengeling

AVP, Finance Operations, North America,
Zurich Insurance

Transcript

[0:00]Anchor: Okay, so thank you for joining us for today's session on how Zurich digitally transformed itself and what its future goals are. Today we have Tisha Clausell with us, she serves as a vendor performance manager and Gail Mengeling, she is a governance manager. They both work for Zurich Insurance. And, Zurich is a Swiss insurance company, and Tisha, Gill, the stage is all yours. [0:28] Gail Mengeling: So we're going to talk about the journey that we've had with HighRadius in trying to transform our cash processing and really then how it had affected our customers and the full customer experience because we were running into some roadblocks. So my businesses are naysayers to risks and change is tough. The second one would be our masterstroke for success, the priority for looking at our customers, and how valuable their feedback was to us. And then our wishlist for the way forward. [1:03] Gail Mengeling: Why are business naysayers? So, oftentimes, we all get into a comfort zone, it doesn't matter if you're at work or if you're at home, you get into a comfort zone or routine. And it feels really good. And you know, you heard it…

What you'll learn

  • Understanding the customer-led digital transformation initiatives at Zurich
  • Cash application automation at Zurich: a success story

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HighRadius Cash Application Software enables the end-to-end automation of the cash application process that covers major benefits such as AI-enabled data capture for remittances, auto-linking of payments with open invoices, cost-cutting on lockbox fees and easy compatibility with any system due to its ERP-agnostic Saas infrastructure. Apart from the major benefits that it has, there are some key features which can not be missed out, some of them are Email Remittance capture, Discounts and Deductions Handling, Check Remittance Capture, Web Remittance Capture, Invoice Matching, and RDC & Mobile Payments.