Date & Time: November 19, 2020 | 10:00 AM PST
This session was presented on November 19, 2020. Access the recording and master class materials now. Watch now
Join our 30-minute virtual Emagia MasterClass to learn how Artificial Intelligence (AI) can reduce manual work in deductions processing by over 80%. Deductions processing is a necessity but is also a low value activity. Over 95% of deductions are valid, resulting in issuing a credit to clear them from the accounts receivable ledger. The invalid deductions are difficult to collect from customers. A CFO’s reaction to this process is usually, “I don’t want to hire 6 people to issue credit memos”. However, if invalid deductions are not challenged, they will increase in frequency and value, significantly reducing gross profit margins.
The solution is to research and resolve deductions of significant value in a fast and efficient manner. AI is the key to achieving this solution.
Our focus will be on the elements of deduction resolution that can be automated with AI. Learn from our order-to-cash expert, John Salek about how AI automates:
We will also review the productivity and gross profit benefits available and a customer success story. Attendees will increase their knowledge on how to deliver these benefits to their organizations.
Who should attend: CFO’s, Directors of Shared Services, Global OTC Process Owners, Treasurers, Credit & Collections Managers, Collectors.
John G Salek
Strategic AR Advisor, SME
Date: November 19, 2020
Time: 10:00 AM PST