Transformation of order-to-cash can make an organization more efficient, but many customers struggle with how to leverage technology solutions to effect change. Those considering adding a bolt-on cloud solution to SAP S/4HANA for better management of receivables will wonder whether should they deploy the cloud solution during, before, or after their migration, and will seek advice on what other factors should they look for in a cloud solution to determine if it’s a good fit for their business. Depending on scale of operations, ERP set-up, or budget factors, Accounts Receivable (A/R) managers need to develop a comprehensive checklist to understand if they are in the correct position to deploy cloud in conjunction with the SAP S/4HANA migration, or if they need to wait until the completion of the migration project. This presentation will provide an objective comparison of features and functions that AI-powered cloud solutions offer on top of the SAP S/4HANA model and will discuss different strategies for SAP S/4HANA migration and where cloud solutions could fit in the migration approach.
HighRadius’ Award-winning AI-enabled solutions power 200+ Fortune 1000 companies to optimize their Order-to-Cash and Treasury Process. HighRadius’ Autonomous Systems, comprising of Integrated ReceivablesTM , Cash Forecasting Cloud, RivanaTM and FreedaTM , use AI-powered technology and digital assistants to improve Receivables and Treasury processes beyond best-in-class industry benchmarks.
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.