Houston, Texas (PRWEB) April 17, 2017 -- HighRadius will host an online workshop featuring SAP® on the topic “SAP® Order-to-Cash: 2 Obstacles That Inflate OPEX by 100% in Credit and A/R” on April 20, at 1:00 PM CDT. Attendees of the workshop will learn the two most common challenges that cause operational inefficiencies and how to resolve them.
Given that operational expenses cost North American businesses more than $600 Billion annually, it is critical for finance departments to address the above challenges. Addressing some of the operational inefficiencies leads to an increase in cash on hand by 11.3% and reduction of DSO by two days.
In the upcoming workshop, Christina Sievert, Solution Consultant at SAP and Shankar Bellam, Senior SAP Solutions Architect, HighRadius, will discuss two simple steps followed by Fortune 1000 companies to address operational inefficiencies in credit and A/R processes. Christina will address the core problem of multiple versions of the truth and how organizations could leverage SAP Central Finance and S/4HANA to achieve a single source of truth for credit-to-cash operations. Shankar will continue the workshop and discuss how to identify and eliminate low-value clerical tasks from credit, cash application, deductions and collections operations. He will also discuss real-world examples of Fortune 1000 companies saving up to 50% in operational expenses across the credit and A/R lifecycle.
Registered attendees of this live, online event will learn the latest innovations in S/4HANA Finance and Artificial Intelligence technology that double the productivity of credit-to-cash operations. The session will also feature an interactive Q&A session as Christina fields questions on the key capabilities of S/4HANA Finance and the recommended migration methodology.
Christina states “S/4HANA Finance adoption has increased 100% YoY. Finance and IT teams worldwide always ask us how to migrate to S/4HANA finance sans disruption. Central Finance is the way to go and is massively popular with our customers.”
Adds Shankar “At HighRadius, it is our mission to deliver value in the credit-to-cash space with our Integrated Receivables offerings. We are delighted that HighRadius’ solutions work seamlessly with S/4HANA to help credit and A/R leaders save up to 50% in OPEX.”
For more information or to register for the live event click here.
HighRadius provides Financial Supply Chain Management software solutions to optimize receivables and payments functions such as credit, collections, cash application, deductions and eBilling. Our Integrated Receivables solution suite is delivered as software-as-a-service to automate the credit-to-cash cycle. Our certified Accelerators for SAP S/4HANA Finance Receivables Management enables large enterprises to achieve business transformation initiatives and leverage their SAP investments. HighRadius solutions have a proven track record of reducing day sales outstanding (DSO), bad debt and increasing operation efficiency enabling companies to achieve an ROI in just a few months. For more information please visit http://www.highradius.com.
# # #
SAP, SAP S/4HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.
For More Information Contact:
Tara Gallagher, HighRadius Corporation, http://www.HighRadius.com, +1 (281) 972-2101, [email protected]