4 Lessons from Successful Credit and AR Transformations

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On-demand Webinar | Free

Credit and Accounts Receivable leaders are turning to technology to increase process efficiency by eliminating manual tasks and shifting resources to high-impact, decision making. However, more than 60% of transformation initiatives result in painful IT projects that fall behind schedule, go over budget, and create negative business impact to the Credit and AR teams.

What are the concrete factors that separate credit and AR transformations that achieve high ROI from the 60% that fail to meet expectations?  What are the best practices of successful organizations that meet or exceed business objectives with reduced DSO, improved team productivity and increased customer satisfaction?

Join us as we consolidate the learnings from more than 100 accounts receivable transformations and synthesize the dos and don’ts for success.

In this 60 minute webinar, you will learn how to:

  1. Use an ROI-focused, metric-based business case to develop a plan for AR automation
  2. Prioritize functionality and technology requirements in order to select a solution with fast go-live and payback
  3. Compare and contrast the benefits and trade-offs of end-to-end AR platforms versus siloed solutions that only address individual Credit and AR issues
  4. Apply Lean Six Sigma principles of Gemba and Gembutsu for identifying fundamental areas of improvement in your receivables management process
  5. Identify technologies that remain relevant with changing business requirements to continuously plan and prepare for the future


Jay Tchakarov

AVP Product Management

HighRadius

As part of HighRadius’ executive team, Jay Tchakarov is responsible for driving the market-leading enterprise Credit and AR products and for defining a holistic strategy to strengthen HighRadius' leadership position in the space.  He and his team work closely with sales, consultants, and customers to make sure the products address critical pain points and provide quantifiable, high-value solutions.

Jay joined HighRadius from PROS Pricing, a leader in pricing software, where he managed an innovative suite of products that led the penetration of new markets and the definition of PROS’ cloud strategy.  Prior to this, Jay held positions with increasing responsibility at Baker Hughes, Inc., a leading provider of oilfield services.


Continuing Education Units available:

AR-cert

Final-AOCReceive 1 CEU toward IOFM/AR&O2C ARM, ARS, ARD, or O2C recertification! The Accounts Receivable Certification Program is designed to establish standards for the profession and recognize accounts receivable professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the accounts receivable body of knowledge.


This webinar is provided free of charge and underwritten by a sponsor. Following the webinar, you may be contacted by the sponsor with information about their products and services.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AR-certFinal-AOCReceive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

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