This e-book outlines the 15 metrics recommended by Hackett group to benchmark against World-Class organizations.


Chapter 01

Executive Summary

Chapter 02

Order-to-Cash Process Metrics

Chapter 03


Chapter 04

About HighRadius
Chapter 03


What Drives World-Class A/R Performance?

What should your digital transformation initiative focus on?

It is beyond the point where companies are able to debate whether or not to initiate digital transformation. The question is whether someone disrupts using digital transformation or get disrupted by someone else?s digital initiatives. To start with the digital transformation journey, finance execs should consider heavy investment in the following areas: Automation of clerical repetitive tasks across C2C Core automation means that costs are low and effort is allocated in the right tasks Single, integrated platform More effective in delivering services to internal and external stakeholders AI-driven automation technology Low-error rates in tasks Integrated reporting and analytics Better decision making and insight Using big-data and machine learning Improved outcomes of A/R actions – faster, more effective collections


Digital transformation can play a major role in helping peer-group organizations catch up with their world-class competitors. But the reality is that the definition of world-class will continue to evolve as leading finance functions deploy smart technologies to transform themselves. Thus, the quest for achieving world-class status never ends. Its future will require continuous improvement of cost structure, effectiveness and stakeholder?s perceptions of how finance adds value to the performance of the enterprise. Highradius


Credit Card Processing Fees: A Comprehensive Step-by-Step Calculation Guide

Allowance for Doubtful Accounts: How to Calculate It and Record Journal Entries

eChecks vs ACH: What’s the Difference?

There’s no time like the present

Get a Demo of Cash Application Cloud for Your Business

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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.