Credit and A/R teams are always expected to ‘do more, with less.’ However in this quest to be ‘world-class’ A/R leaders often do not know how their teams compare to the best-in-class other than on the singular metric of DSO.
Building a world-class A/R team starts with a detailed self-assessment of your credit-to-cash processes and comparing yourself against leading teams to determine what they are doing differently. The leading teams use the latest credit management technologies to stay above their competition. This is essential to isolate gaps in your performance and identify opportunities that could directly lower DSO or reduce costs.
Join this Webinar to understand the 15 performance metrics you should measure to get a baseline assessment of your processes, a detailed comparison with world-class benchmarks and the key differentiators that widen the gap between top performers and their peer group.
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.
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We have seen financial services costs decline by $2.5M while the volume, quality, and productivity increase.
Colleen Zdrojewski
Trusted By 800+ Global Businesses
HighRadius Corporation
2107 CityWest Blvd,
Suite 1100,
Houston, TX 77042
