3 Short Steps to Auto-Process 90%+ Electronic Remittance & Payments

Highradius

About The Webinar

As of 2014, more than 50% of B2B payments and remittance deliveries have shifted to electronic methods. A/R departments have successfully been using the SAP Lockbox program for partially automating cash application of paper check. In this new environment, however, cash application requires more than standard SAP Lockbox functionality as speed and efficiency are largely dependent on how A/R departments choose to automate the electronic payments and remittance, including email, attached files, web portals, and EDI.

Join us as we explore how empowering the native SAP Lockbox program with advanced automation technology can eliminate 90% of the manual work teams have to support the rising electronic volumes.

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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.