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HighRadius Collections Cloud automates and optimizes the credit collections management process to improve collector efficiency, minimize bad debt write-offs, improve customer relationships and reduce DSO. A cloud-based credit collections management software available in Software-as-a-Service(SaaS) model, Collections Cloud is easy and cost-effective to deploy and maintain.
HighRadius Collections Cloud solution provides a complete set of tools to optimize and automate the credit collections management process and enable the better prioritization of credit collections activities. All the information you need (invoices, dispute information, POD, claims, tracking info, etc.) on each case is automatically presented in a collections work-space and ready for use. With a prioritized work-list, driven by predefined business rules, backup information readily available, and automated dunning correspondence, collectors are able to contact more accounts and centrally track the activity for review and follow-up. The result is a more efficient collections team that contributes to enhanced cash flow and reduced DSO.
"Collections" is part of the Receivables Cloud line of products, developed by HighRadius.
Receivables Cloud is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.