Unlocking $6M in Working Capital with HighRadius

Impact Achieved

$6.4M

Recovered in Working capital

Zero-touch

straight-through payment processing

2 FTEs

Reallocated to critical tasks

The configuration piece of the entire solution is very intuitive and business-process driven which is very easy to understand and operate.

case-study-speaker

Shreepad Ankalgi

SAP FI Analyst

JBS USA

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About JBS

JBS, the largest meat processing company in the world, leveraged AI-based A/R automation to unlock $6M in working capital

Employee

78000+

Revenue

$ 49.4 billion (2017)

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Top Challenges

  • Inability to prioritize critical customer accounts in the absence of collection segments or custom strategies.
  • Complexities in manually handling exceptional scenarios.
  • Time lost in manual deductions research for Trade Deductions, which accounted for 75% of all deductions.

Business Benifits

  • AI-based dynamic segmentation to segregate and prioritize customers for the collectors.
  • AI and ML-based recommendations for exception handling such as customer master maintenance & no remittance scenarios.
  • Fast-track Deductions research by auto-extractions of backup documents such as claims, PODs, and BOLs etc.

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Johnson & Johnson

95%

Automated Cash Posting

43 Days

Reduction in DDO

6 Months

Reduction in Customer Setup Time

Duracell

60%

Savings in Employee Resource Costs

76%

Improvement in Average Days to Resolve Deductions

Same

day automated cash-posting

Staples

27%

Reduction in Past Dues

20%

Reduction in Bad Debt

5 days

Reduction in (ADD)