WisdomInterface

AI-Driven O2C Transformation: 76% Efficiency Gain in Average Days to Resolve Deductions

Learn how Duracell implemented same day cash posting and earned 60% savings in employee resource costs

Duracell wanted a way out of constant delays due to excessive manual workload. They wanted a way to free up their analysts and also wanted to create a platform where they could have some way of increasing the visibility of the entire process they followed and help their collectors target customers more effectively.

Manual processing and aggregation of remittances and payments led to an unnecessarily time consuming process. The deduction coding process was also heavily reliant on a manual workforce.

With the HighRadius Cloud Solution in place, Duracell was able to auto-extract remittances from various sources without any manual intervention, while also auto-linking payments with the open invoices and ensuring automated deduction coding in an accurate manner. Easy deployability ensured seamless integration with their existing ERP system.

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