What Customer-to-Cash Process Excellence Looks Like


Four ways to achieve process excellence

Contents

Chapter 01

Executive Summary

Chapter 02

Doing More With Less

Chapter 03

What Customer-to-Cash Process Excellence Looks Like

Chapter 04

Becoming Digital Leaders

Chapter 05

Conclusion: Technology Maturity Self-Assessment

Chapter 06

About the Advisors
Chapter 03

What Customer-to-Cash Process Excellence Looks Like


The Hackett Group?s research has isolated 10 critical capabilities of a top-performing customer-to-cash process. These represent the most important best practices for driving enhanced efficiency and effectiveness, as well as a better experience for stakeholders. Collectively, these capabilities establish a useful target for organizations aiming to achieve world-class performance in finance (Fig. A). Characteristics of effective process management-300×276.jpg” alt=”Characteristics of a top-performing customer-to-cash process” width=”700″ height=”644″ />

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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.