13 Everyday Remittance Scenarios


This e-book is an actionable summary that drills down the challenges in remittance processing and best-practices to build a robust remittance processing workflow for checks and e-payments

Contents

Chapter 01

Executive Summary

Chapter 02

13 Everyday Remittance Scenarios

Chapter 03

AI-enabled Remittance Capture

Chapter 04

About HighRadius
Chapter 02

13 Everyday Remittance Scenarios


Email Body
Email attachment
Web Portal
EDI
Clubbed with e-payment
Check stubs
Remittance before payment
Bank statement files
Clubbed with claims
Non-reference numbers
Consolidated remittance consisting of multiple invoices
Incorrect remittance
Missing remittance
     

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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.