A ‘Neil Armstrong Moment’ for Working Capital Optimization as HighRadius Launches Integrated Receivables Platform

The HighRadius Integrated Receivables platform is a stand-out as it enables credit and A/R operations to execute every single business process real-time from a single platform – something missing in most piecemeal solutions on the market today.

Radiance 2017, one of the largest innovation conferences for credit and A/R professionals, witnessed Sashi Narahari, CEO of HighRadius, unveiling the Integrated Receivables (IR) platform in his keynote as the only end-to-end real-time integrated solution suite for credit, collections, deductions, invoicing, cash application and payments.

The 2017 edition of Radiance attracted a record number of participants over three days to learn from credit and A/R leaders of top companies including Starbucks, P&G, adidas and Danone about technology transformation and best-practices.

“Teams have spent years solving credit and A/R in process silos, leading to the proliferation of piecemeal solutions. HighRadius has executed more than 500 Receivables transformation projects over the years. Every time we implemented multiple receivables products with an integrated business process design, we noticed the one-plus-one is greater than two benefit! For example, if a customer credit limit utilization is reaching 100% in the credit module, then the collections module automatically generated and sent an invoice past-due notice via email. And when the buyer clicked on the email hyperlink and made a payment via the self-service EIPP module, three modules orchestrated an integrated receivables business process eliminating the manual intervention of analysts across departments, prompting an incentivized customer to pay bills immediately and significantly reduce DSO. Now imagine the exponential impact of six integrated…

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