As a leader in finance, you do not need an introduction to the impact of inefficient deduction management on DDO and recovery rates. However, you might be interested to know that best-in-class performers process deductions 6 times faster than the rest.
Best-in-class teams improve deductions processes, control operational costs and improve recovery rates by eliminating reactive deduction processes and poor cross-team collaboration.
Kick-start 2017 by developing a roadmap to save $1.5 million over the next 3 years as we take you through the latest deductions management best-practices and technology.
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.