A Forbes study states that organizations outsource accounting and finance functions first in the quest to cut costs and improve the bottom-line. Looking back, labor arbitrage was one of the greatest advantages to outsourcing.
However, continuous improvement initiatives and innovation in technologies including RPA and AI, have changed the equation from “how much do I pay per FTE” to “how many FTEs do I pay and at what cost”.
With this shift in thinking comes a demand for fresh questions to ask, and new expectations. This webinar will discuss a framework to analyze outsourcing versus in-house RPA and arrive at the right mix for your Order-to-Cash operations.
HighRadius Autonomous 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. Autonomous 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.