Gartner states, starting in 2020, AI-related job creation will cross into positive territory, reaching two million net-new jobs by 2025. This also means that many jobs will undergo significant change in response.
Ready or not, the credit management department is evolving with the latest technologies like machine learning and artificial intelligence. Credit managers now have the ability to perform a credit review in 60 seconds! This is just the beginning of the capabilities these technologies possess.
Join this webinar to understand the evolving credit department and how you can be ready.
HighRadius Credit Software automates the credit management process, enabling credit managers to make highly-accurate credit decisions 2X faster and enable faster customer onboarding with 4 primary components: configurable online credit application, customizable credit scoring engines, credit agency data aggregation engine, and collaborative credit management workflow. Along with that, there are a lot of key features that should definitely be explored some of which are online credit application, credit information aggregation, automated credit scoring & risk assessment, credit management workflows, approval workflows, and automated bank & trade reference checks. The result is faster customer onboarding, better internal collaboration, higher customer satisfaction, more targeted periodic reviews, and lower credit risk across the company’s customer portfolio.