New Risk Mitigation Trends Observed In Response to the COVID Crisis


Balance credit risk within the consumer goods industry with a five-step roadmap created with lessons learned from 2020 and learn more about the value in digitally transforming credit in 2021.

Contents

Chapter 01

Introduction- Guide For A/R Leaders

Chapter 02

New Risk Mitigation Trends Observed In Response to the COVID Crisis

Chapter 03

Balancing Credit Risk: Tips To Adjust To The New Reality
Chapter 02

New Risk Mitigation Trends Observed In Response to the COVID Crisis


“When the COVID-19 started really hitting, our data team quickly went into high gear and started coming up with a COVID-19 impact score.”

Head Of Marketing,
CreditSafe USA

“We’re seeing a greater emphasis on frequent portfolio analysis. Clients who weren’t doing it before have now started analyzing it on a more frequent basis.”

Vice President, Solution Consulting,
Experian

“We’re looking at sentiment analysis as a way of giving some additional inputs to the finance teams.”

COO & Senior Vice President,
CreditRiskMonitor

“A/R professionals are using sales teams to connect to their clients to create the right type of terms and understand the status of that organization from a financial position.”

Senior Vice President,
Credit.net

“Coming up with a combined playbook for commercial and finance teams with the course of action for your portfolio of accounts is the key”

Senior Director of Order-To-Cash Operations,
S&P Global

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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.