Since the onset of the pandemic, finance executives have been operating in survival mode. A few months back, the liquidity crisis triggered by the sharp disruption in economic activities prompted organisations to rush toward cash to keep operations going. The message “Cash is King” resonated globally across all enterprise organisations, even the ones who were in a strong position at the beginning of the year.
As executives look into 2021, they see a rare window of opportunity to enable long-term cash excellence. In this recently held webinar by Highradius, our expert Mark Harrison, Founder & CEO at Callisto Grand have shared their insight on how to develop and execute a turnaround strategy for the order to cash which will strengthen the cash culture across the organization to stay ahead in the new economy.
HighRadius’ Award-winning AI-enabled solutions power 200+ Fortune 1000 companies to optimize their Order-to-Cash and Treasury Process. HighRadius’ Autonomous Systems, comprising of Integrated ReceivablesTM , Cash Forecasting Cloud, RivanaTM and FreedaTM , use AI-powered technology and digital assistants to improve Receivables and Treasury processes beyond best-in-class industry benchmarks.
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.