ACH electronic payments are the fastest growing payment type, with Same Day ACH also making a big impact since its introduction last September. But how do credit and accounts receivable departments realize the benefits of these faster electronic payment options critical to A/R metrics and processes such as days sales outstanding (DSO), collection effectiveness index, blocked orders, cash application and collections? Without the right approach, companies risk failing to handle key challenges that negate the advantages of Same Day ACH.
This webinar will demonstrate how Same Day ACH and robotic process automation provide a high-octane boost across the credit-to-cash process that directly improves credit and risk management, cash application, disputes, and collections.
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.
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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
