SSC Maturity Model: 4 Ways to Optimize O2C Processes


About The Webinar

So, you’ve established your OTC shared services center. But do the benefits go beyond transactional cost savings to create significant impact on financial performance?

High-impact shared services require a roadmap for scaling from formation to maturity and to shift the focus from cost reduction to value creation. Enterprises with more mature OTC operations have achieved this by activating four major driving factors – talent management, stakeholder coordination, reporting & analytics and integrated technology.

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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.