A/R teams today are still looking at AI as a futuristic technology, even though they could leverage it in the present day to increase their productivity manifold. But with Summit Electric, this was not the case. Their forward-thinking approach towards technology led them towards a full-fledged digital transformation project for their credit, collections, and cash posting departments. But the transformation was not as easy as it sounds.

Join Beth Petry, Corporate Credit Manager, Summit Electric Supply, in this webinar to uncover all the major challenges that they faced and take lessons from their entire digital transformation journey with HighRadius. Learn what the future holds for your A/R department with Artificial Intelligence and Autonomous Solutions emerging as game-changers.

Complimentary Webinar

How Summit Electric Improved their Overall A/R Efficiency & Global Visibility with Next-Gen Automation Technology

webinar

Speakers

Beth Petrey

Corporate Credit Manager, Summit Electric Supply

What you'll learn

  • Reducing DSO by 2.9 Days & Increasing Cash Flow within a year by implementing an Automated Cash Application Process
  • Achieving 98% Header Level Hit-Rate and 80% CEI with Automated Correspondence & Account Prioritization
  • Making 2x Faster & Accurate Credit Decisions by moving from Manual Paper-based job-sheets to Online Credit Application

About the Webinar

A/R teams today are still looking at AI as a futuristic technology, even though they could leverage it in the present day to increase their productivity manifold. But with Summit Electric, this was not the case. Their forward-thinking approach towards technology led them towards a full-fledged digital transformation project for their credit, collections, and cash posting departments. But the transformation was not as easy as it sounds.

Join Beth Petry, Corporate Credit Manager, Summit Electric Supply, in this webinar to uncover all the major challenges that they faced and take lessons from their entire digital transformation journey with HighRadius. Learn what the future holds for your A/R department with Artificial Intelligence and Autonomous Solutions emerging as game-changers.




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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.