The adidas Group Fit and Healthy Receivables

Key Takeaways

Increase A/R team’s efficiency and productivity by 40%

Onboard new customers 95% faster

Achieve 25% increase in adoption of electronic payments

Aggregate claim documents 92% faster from emails, EDIs and web portals

Speakers

Tracie Duncan, Director, AR, Credit and Collections, adidas

About The Webinar

In 2015, Adidas concluded that to increase working capital and cash flow, it had to move away from disconnected A/R functions and adopt an Integrated Receivables approach. Thus, began their A/R transformation journey.

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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.