NACHA announced Same Day ACH will be available on September 23, 2016. With little time left to prepare, how will Same Day ACH impact your cash application process and revenue from receivables and lockbox services?
With rising e-payments and declining checks in the B2B space, lockbox service revenue is already dropping. Corporates are moving to non-bank service providers for faster and more cost-effective e-remittance processing as banks offer little to no support in this area.
Join us as we discuss how banks could enhance their Treasury and Receivables services and fill the gap to empower corporate clients through same-day cash realization. Banks could reverse the revenue lost to non-bank service providers by leveraging technology alternatives and Same Day ACH processing capability.
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.
Please fill in the details below
Please fill in the details below
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
