Case Studies
Kickstarting Global Finance SSC Transformation With Cash Application Automation
Overview
Analytics & Modeling - Predictive Analytics Application Infrastructure & Middleware - Data Exchange & Integration Functional Applications - Enterprise Resource Planning Systems (ERP) | |
Healthcare & Hospitals Pharmaceuticals | |
Business Operation | |
Predictive Maintenance Process Control & Optimization Remote Asset Management | |
Software Design & Engineering Services System Integration | |
Operational Impact
The HighRadius Cash Application solution enabled 100% touchless cash posting even in exceptional scenarios, missing data, and unfamiliar payment formats. | |
Extensive reporting capabilities helped analyze the productivity of the Cash Application team, providing seamless executive visibility and tracking overall productivity across global operations. | |
Automated deduction coding and remittance match saved time on research and manual aggregation of backup data, reducing manual efforts and simplifying the entire process. | |
Quantitative Benefit
100% Increase In Auto-Posting Rates | |
70% Decrease In Rolling Unapplied Cash | |
230K+ Annual Savings In Actual Spend | |