Solving For Half A Billion Dollars Of Deductions With Accounts Receivable Automation

Impact Achieved

85%

Decrease in unidentified deductions

30%

of Analysts’ time saved

100%

Deductions auto-coded at source

HighRadius allowed us to get a lot of things done. Their product helped us secure visibility, which is what we needed to get our jobs efficiently done.

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Manager, A/R and Credit

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ABOUT CHURCH & DWIGHT

Church & Dwight, a renowned American manufacturer, restricted revenue leakages by securing visibility across its deductions processes through A/R automation

Employee

4,700 (2017)

Revenue

$4.9 Billion

Geography

NA

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Top Challenges

  • Inability to identify the deductions and categorize them.
  • Labor intensive and error prone deductions resolution process.
  • Inability to track the bottom-line impact of deductions written off.

Business Benifits

  • Auto-identification and coding of deduction at the
    source level.
  • Auto-aggregation & linking of backup documents like PODs, BOL across multiple sources like emails, portals, TPM, etc.
  • Timely research and resolution of deductions with a single source of truth providing end-to-end visibility into the process.

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Mattel

20%

Reduction in open Deductions

94%

Invalid Deductions predicted accurately

225+

Hours saved monthly

Keurig Dr Pepper

98%

Payments Auto-Applied by the System

92%

of Short Payments Auto-Identified

56%

Resources Reallocated to Critical Tasks

Danone

$20M

Recovered From Invalid Deductions

98%

Automated Cash Application

25

Days Reduced DDO