You may also be interested in:

Articles

Using AI to Transform Credit and Finance Teams

  • By Staff Writers
  • Published: 5/24/2018

ai
Credit and account receivable teams have traditionally been responsible for ensuring and facilitating transactions. However, this means that credit and cash management analysts need to stay glued to every transaction, long after it has taken place—something which adds minimal value to the bottom line.

In recent years, artificial intelligence (AI) and machine learning have begun transforming credit and finance teams from mere transaction management to improved customer engagement and analysis for positive financial impact.

In a May 31 webinar, Looking Beyond Transactions in Cash Collections and Claims: AI-driven Transformation in the Analyst’s Role, Shankar Bellam, enterprise cloud solution expert for HighRadius, and Magnus Carlsson, manager, payments and treasury for AFP, will explore how modern credit, finance and IT teams are leveraging AI and data to repurpose receivables management from chasing unapplied payments, resolving disputes and balancing ledgers under hectic month-end schedules.

The webinar will show you ways to:

  • Transform A/R from transaction management to customer management
  • Switch to proactive collections by predicting payment delays
  • Fast-track dispute resolution with pre-research validation.

So don’t miss Looking Beyond Transactions in Cash Collections and Claims: AI-driven Transformation in the Analyst’s Role, on May 31, from 3:00 p.m. to 4:00 p.m. Register here.

Showcase Your Expertise
Share your solutions, best practices and big ideas with your treasury and finance community when you lead an educational session at AFP 2019.
Submit Your Proposal

Copyright © 2018 Association for Financial Professionals, Inc.
All rights reserved.