Today CFOs are united through their focus on risk mitigation and improving working capital. A/R teams are well positioned to contribute significantly to these initiatives as they are integral to the efficiency of the Order-to-Cash (O2C) process and critical to recovering past dues.
With outstanding debt and cash flow KPI’s under the microscope and constantly affected by the changing economic conditions, O2C processes are being stress tested. It is exposing a growing need for automation to increase productivity, efficiency, accuracy and service levels. As a result, AI-based technology is an area of increasing investment for businesses seeking more agility, insight and prioritisation from their finance.
This demonstration will show you how HighRadius takes humans plus machines approach to optimising working capital. You will learn how intelligent insight and analysis, empowers A/R teams at all levels to deploy more effective, proactive strategies for managing risk and outstanding debt.
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.