As a credit and finance professional fighting tooth and nail under the executive mandate to ‘do more with less’ have you ever wondered if you could (1) cut lockbox expenses (2) build cash application operations to process ever-increasing ACH volumes (3) shift resource focus from low-value cash application to other A/R functions?
The lean A/R team at BlackHawk is planning to do exactly that by automating cash application and focusing only on the most critical tasks such as collections and dispute resolution.
In this webinar, join Cindy Scott, Sr. Manager, Billing and A/R at BlackHawk, as she shares her 5-point agenda to control cash application costs, support ever-increasing ACH adoption, speed-up dispute resolution, improve visibility for dunning processes and simplify compliance for Sarbanes-Oxley Act.
HighRadius Electronic Invoice Presentment and Payment (EIPP) Software provides tools that automate and speed up invoice communication and facilitate a faster collection of payments, enabling a closer and more convenient relationship with customers. It automates the invoice transmission and payment collection process providing a configurable solution that supports multiple invoice formats and different modes of transmission (fax, email, portal, etc.) depending on the targeted customer, its integration with ERP systems and a rich search capability enables efficient storage and retrieval of past invoices, backup attachments to minimize disputes and short pays. Apart from that it also has some key features that you would not want to miss out: level-III interchange and surcharge; self-service customer portal; invoicing across email, customer portals, post, and fax; advanced deduction management; and lightning e-payments. The result is faster invoicing and payment collection, better customer service, and improved profitability and cash flow.