Leverage SAP Electronic Invoice Presentment & Payment to Reduce Your DSO by 10%

Key Takeaways

Reduce Days Sales Outstanding (DSO) by 10% by reducing the cycle time of payments.
Reduce lockbox processing costs by 30% by transforming customers from paper checks to electronic payments online.
Reduce billing costs by 50% by transforming a manual, paper-intensive invoicing process into an automated, electronic one.
Reduce the accounting department’s operating costs by 30% by enabling a customer self-service portal.
Minimize risk and cost associated with achieving PCI-DSS compliance.

Speakers

Bill Wermes, Solution Engineer - Finance, SAP

Jay Tchakarov, Director of Product Management, HighRadius Corp.

About The Webinar

Learn how to transform your costly, paper intensive, and time-consuming invoicing and payments processing into one of efficiency and speed by leveraging best-in-class SAP® Biller Direct EIPP technology integrated with next generation payments processing from HighRadius.

SAP customers are challenged with a high volume of invoices for their multitude of customers. Whereas large customers are often invoiced electronically and payments have been automated, small and medium-sized customers are invoiced using outdated paper methods and pay via check. Printing, handling, and mailing the paper invoices (approx. $2-$5 per invoice) are outdated, time-consuming processes that increase costs and payment delays. Automating this process can result in over 90% savings as well as improving timeliness of payments and cash flow.

There's no time like the present

Get a Demo of Integrated Receivables Platform for Your Business

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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.

HighRadius Autonomous Finance Platform

Order To Cash

Treasury & Risk

Record To Report

B2B Payments

Accounts Payable