In this e-book, 4 world class GPOs from Cargill, Air Products, Keurig Dr Pepper and Danone explain how they changed the tides in their favour and prepared their A/R for future.
The common expectation from shared services operating under GPOs is streamlined OTC operations while ensuring low costs, healthy A/R metrics and high customer satisfaction.
Reality - not so glittery.
In real world, GPOs deal with fragmented credit policies, disparate business units spread across geographies, complicated and disconnected IT landscape, unsatisfied customers and inability to select the right technology amidst hundreds of options.
HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company. The HighRadiusTM Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing and payment processing. Powered by the RivanaTM Artificial Intelligence Engine and FredaTM Virtual Assistant for Credit-to-Cash, HighRadius Integrated Receivables enables teams to leverage machine learning for accurate decision making and future outcomes. The radiusOneTMB2B payment network allows suppliers to digitally connect with buyers, closing the loop from supplier receivable processes to buyer payable processes. HighRadius solutions have a proven track record of optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, and increasing operational efficiency so that companies may achieve strong ROI in just a few months.