Proactive Collections : The AI-Driven Revolution in Collections Management


About The Webinar

A study of 300 senior finance executives shows that 45% of the respondents expect their employees to thrive working alongside Artificial Intelligence enabled systems. What does this mean for collections? At the center of Artificial Intelligence led disruption in the Credit and A/R functions is the opportunity to drive a positive impact on a company’s working capital through collections management. Proactive Collections is the approach being adopted by leading collection teams and is transforming how collectors collect, managers manage, and customers interact with A/R teams. At its core, “Proactive Collections” focuses on leveraging machine learning to predict invoice payment dates and thus ushering collections into a new-era of data-based decision-making. This webinar explores what the collections role could look like and how A/R leaders can respond to this change? Join the immersive experience to get a sneak peek of the future with A/R

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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.