Credit and A/R Transformation: 5 Myths Which Could Stall Your Project

Highradius

About The Webinar

More than 39% A/R transformation initiatives fail!

As Credit and A/R leaders try to keep up with the transition of credit and A/R functions from paper-based to highly automated business processes, transformation projects continue to fail due to internal issues ranging from the lack of executive sponsorship to inadequate change management.

This webinar is a step-by-step guide for change-makers to question misconceptions, overcome organizational obstacles and successfully transform their credit and A/R functions.

Today, Robotic Process Automation (RPA) is helping Credit and A/R leaders deliver improvements in DSO, recovery rate and productivity. But how do you take advantage of RPA without falling victim to a never-ending, resource-heavy IT-project? What could be done to ensure end-user adoption and a technology-requirement fit?

There’s no time like the present

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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.