Cash Application continues to be a thorn in the side of even the most seasoned treasury professionals. Inefficient cash application inhibits working capital optimization, damages customer relationships, and impacts the productivity of employees involved in the cash application process. Many companies accept cash application headaches due to belief in common myths which prohibit them from discovering best-practices and cost-effective technology that can offer relief from even the worst cash application headaches. Discover how, irrespective of the maturity of your current cash application processes, your company can mitigate the manual keying of information, capture of email and web remittance, achieve ‘real’ straight-through processing, and free-up resources for high-value work.
Join us as Lauren Kennedy, Manager, Retailer Financial Services shares how American Greetings was able to strike the right balance between satisfying their customers to foster e-payment adoption and is leveraging automation and AI to achieve a 95% cash posting hit rate while improving the customer experience of American Greeting’s customers
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.
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We have seen financial services costs decline by $2.5M while the volume, quality, and productivity increase.
Colleen Zdrojewski
Trusted By 800+ Global Businesses
HighRadius Corporation
2107 CityWest Blvd,
Suite 1100,
Houston, TX 77042
