How to Achieve Digital World Class Performance with AR Automation

How to Achieve Digital World Class Performance with AR Automation

Watch this video to find how today’s automation, utilizing Artificial Intelligence (AI), can help businesses achieve world class Accounts Receivable (AR) management results.

In 2021, digital world-class finance organizations operated at 43% lower cost than typical finance organizations (i.e., peers), with a 48% productivity advantage. However, their advantage is not just about cost. The Hackett Group asserts they are also able to deliver higher-quality services.

This video will provide an insight into:

a) Intelligent Document Processing (IDP), which involves extracting and converting data from a wide variety of sources and documents into a usable format.

b) Automating Data Processing, which involves automatically processing 70 – 90% of the data in structured files.

c) Automating high-level tasks such as formulating credit limits, assigning reason codes to deductions etc.

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