With S/4HANA Finance adoption growing by 100% year over year, it is critical for Credit and A/R leaders to plan for operations on the new system.
However, the confusion around capabilities of S/4HANA Finance has led to a number of poorly planned and executed implementations, setback credit and receivables organizations and hurt larger business objectives. These avoidable mistakes adversely impact key KPIs including Days Sales Outstanding, bad debt and past-due A/R. Therefore, credit and A/R leaders have to be on the look-out for signals that may jeopardize their processes.
We present a structured, peer-recommended, four-step process for SAP S/4HANA Finance and Receivables Management implementations compiled from Fortune 1000 companies that effectively mitigated the risks including Newell Brands, Tyson Foods, Under Armour, Hershey and many more.
In this webinar, join Shankar Bellam, Senior SAP Solutions Architect, as he discusses how to:
HighRadius Credit Cloud automates the credit management process, enabling credit managers to make highly-accurate credit decisions 2X faster and enable faster customer onboarding with 4 primary components: configurable online credit application, customizable credit scoring engines, credit agency data aggregation engine, and collaborative credit management workflow. Along with that, there are a lot of key features that should definitely be explored some of which are online credit application, credit information aggregation, automated credit scoring & risk assessment, credit management workflows, approval workflows, and automated bank & trade reference checks. The result is faster customer onboarding, better internal collaboration, higher customer satisfaction, more targeted periodic reviews, and lower credit risk across the company’s customer portfolio.