Digital transformation is the next wave of disruption that could fundamentally change the way shared services operate. Not only does it help SSCs achieve economies of scale but it also holds the potential to enable their evolution from “cost killers” to “value drivers”. As great as the opportunities are, however, research suggests that most shared services groups are not yet prepared for this digital wave. The reason being the lack of a strategic transformation roadmap with a clear end vision and understanding of its impact on the processes and workforce.
Join Vivek Thakral, Director of Artificial Intelligence, GE in the first-ever tell-all webcast of the digital transformation strategy behind GE’s shared services group. Get a first-hand experience of their automation journey, understand the impact of digitization on the workforce, and explore practical use cases of Artificial Intelligence for O2C shared services.
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.