While automation is busy causing A/R disruption of the decade, the traditional debate of technology wiping out jobs has not ceased to discomfort credit managers. Should you fear job loss with the onset of AI? Has automation matured enough to make complicated credit decisions instead of automating mere clerical tasks?
In today’s world of a growing and diversifying customer base with increased credit risk, could credit managers excel by simply implementing automation or need to take a more disciplined approach to credit management?
To get answers to these questions, join the session with International Credit Management Expert, Andiry Sichka, as he resolves the concerns around job loss due to technology, discusses on how to capitalize credit management automation and shares key best-practices for a result-oriented credit process.
HighRadius Credit Cloud 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.