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X-WR-CALDESC:Events for Enterprise Autonomous Finance for O2C and Accounts Receivable
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UID:15719-1669276800-1669278600@www.emagia.com
SUMMARY:The AI Advantage In Deductions Processing
DESCRIPTION: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. \nThe solution is to research and resolve deductions of significant value in a fast and efficient manner. AI is the key to achieving this solution. \nOur 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: \n\nObtaining required information about a deduction (amount\, reason) from multiple sources (vendor portals\, remit advice\, debit memos\, emails\, etc)\nRouting the deductions to the designated Resolver via a full featured Workflow\nAuto matching of deductions and their credits\nTracking and Monitoring\nRoot Cause Analytics\n\nWe 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. \nWho should attend: CFO’s\, Directors of Shared Services\, Global OTC Process Owners\, Treasurers\, Credit & Collections Managers\, Collectors \n\n\nDate: November 24\, 2022 | Time: 8:00 AM PST
URL:https://www.emagia.com/live-demo/the-ai-advantage-in-deductions-processing/
LOCATION:emagia corporation\, United States
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