Utilize AI algorithms for historical data present in the ERP system to predict the validity status of a Deduction.
Ensure based on the validity of deductions, that your deduction teams are able to prioritize the resolutions. Usually, the deduction teams try to focus on the invalid deductions to ensure faster collections from those invalid disputes.
Identify the validity of deductions and prioritize them to ensure overall faster resolution irrespective of whether they are valid or invalid. Your deduction teams can reduce the Days Deductions Outstanding by resolving deductions faster.
Leverage machine learning algorithms to analyze historical validity trends to predict invalid disputes with the use of our AI-based dispute validity predictor.
Trigger invalid status of dispute to flow to the Collections Cloud to provide an update regarding the invalid dispute amount and resolution status. The collectors are able to prioritize the invalid disputes through their worklist to ensure faster collections.
Send automated correspondences embedded with payment links via the collectors to the customers who make a payment using their preferred payment format and the payment data flows into Cash Application Cloud along with the remittance to ensure faster cash posting.