5 Ways for CFOs and Credit/AR Leaders to Reduce Bad Debt and DSO


About The Webinar

Credit and Accounts Receivable Departments are major drivers in improving company financials by controlling risk and bad debt, and by collecting on outstanding debts. New technologies have enabled finance executives and credit and AR leaders to quickly empower these teams to achieve exponential improvement in performance, including strong reduction of DSO and virtual elimination of bad debt by realigning team resources and focusing them on making high impact decisions. This transformation has been enabled by new capabilities that have facilitated 90% automation in previously manual tasks.

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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.