In these turbulent times where finance leaders are safeguarding working capital by focusing on DSO reduction and receivables management, companies that had already undergone a digital transformation in their Order-to-Cash function have managed to stay afloat and focus on balancing customer expectations and business objectives.
Amid this, automating just one module of your A/R acts as a stop-gap solution. A heavy focus on automating multiple A/R processes ensures end-to-end visibility and flexible pivoting.
To learn about more such risks and mistakes that ruin your digital transformation, join this session with Moustapha Ould Bin Mogdad, Market Focal Point Manager – GBFS Canada – OTC at Bristol-Myers Squibb and Judy Bicking, Senior Trainer, at IOFM as they share the best practices and insights to avoid and curb these mistakes if it occurs.
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.