NEW YORK and HOUSTON, Feb. 4, 2020 /PRNewswire/ — Genpact (NYSE: G), a worldwide skilled companies agency targeted on delivering digital transformation, and HighRadius, an enterprise SaaS (Software program-as-a-service) fintech firm, as we speak introduced a strategic partnership that may present enhancements to enterprise accounts receivable and convey collectively digital automation options powered by superior machine studying and synthetic intelligence.
“Many enterprises as we speak have been unable to streamline their receivable processes, negatively impacting enterprise operations and profitability,” mentioned Katie Stein, Genpact’s chief technique officer. “Genpact and HighRadius will resolve this problem by delivering a transformative digital automation answer that allows companies to maximise their working capital, whereas enhancing the client and consumer experiences. We see an amazing alternative to leverage the potent mixture of area know-how, confirmed expertise, and digital sophistication this partnership will deliver.”
Genpact and HighRadius, each leaders inside their respective areas, will work collectively to innovate throughout the order-to-cash cycle – a essential enterprise course of that has a direct impression on bettering key worth outcomes for enterprises spanning buyer expertise, income optimization, margins and money circulate, and extra. The truth is, in line with IDC, a number one analyst agency, the accounts receivable course of is likely one of the most crucial and complicated processes inside a company, and extra corporations are investing in SaaS platforms to handle their want for versatile and agile monetary functions which are simple to implement, configure, and replace.
“Enterprises can obtain true ROI from investing with a purpose to money solely with an built-in receivables platform that leverages synthetic intelligence to automate clerical work, allow selections, and focus folks on actual worth creation,” mentioned Sayid Shabeer, chief product officer of HighRadius. “This partnership will essentially shift accounting departments away from legacy fashions and towards a turnkey answer that’s future-proof, scalable, and versatile.”
Sashi Narahari, founder and chief government officer, HighRadius, and Tiger Tyagarajan, chief government officer, Genpact will take part in a fireplace chat targeted on “The Previous, Current, and Way forward for the Workplace of Digital CFO” on Wednesday, February 5, 2020 at Radiance 2020 – the Order to Money and Treasury Unconference, on the AT&T Stadium in Dallas, TX.
See Genpact and HighRadius web sites for extra data on the partnership.
HighRadius is a Fintech enterprise Software program-as-a-Service (SaaS) firm which leverages Synthetic Intelligence-based Autonomous Techniques to assist corporations automate Accounts Receivable and Treasury processes. The HighRadius® Built-in Receivables platform reduces cycle occasions in your order-to-cash course of by way of automation of receivables and funds processes throughout credit score, digital billing and fee processing, money software, deductions, and collections. HighRadius® Treasury Administration Functions assist groups obtain touchless money administration, correct money forecasting and seamless financial institution reconciliation. Powered by the Rivana™ Synthetic Intelligence Engine and Freeda™ Digital Assistant for order-to-cash groups, HighRadius allows groups to leverage machine studying to foretell future outcomes and automate routine labor-intensive duties. The radiusOne™ B2B fee community permits suppliers to digitally join with consumers, closing the loop from provider receivable processes to purchaser payable processes. HighRadius options have a confirmed monitor document of optimizing money circulate, decreasing days gross sales excellent (DSO) and dangerous debt, and rising operational effectivity in order that corporations could obtain robust ROI in only a few months. To be taught extra, please go to www.highradius.com
Genpact (NYSE: G) is a worldwide skilled companies agency that makes enterprise transformation actual. We drive digital-led innovation and digitally-enabled clever operations for our shoppers, guided by our expertise working hundreds of processes primarily for International Fortune 500 corporations. We expect with design, dream in digital, and resolve issues with information and analytics. Combining our experience in end-to-end operations and our AI-based platform, Genpact Cora, we give attention to the main points – all 90,000+ of us. From New York to New Delhi and greater than 30 international locations in between, we join each dot, reimagine each course of, and reinvent corporations’ methods of working. We all know that reimagining every step from begin to end creates higher enterprise outcomes. No matter it’s, we’ll be there with you – accelerating digital transformation to create daring, lasting outcomes – as a result of transformation occurs right here. Get to know us at Genpact.com and on LinkedIn, Twitter, YouTube, and Fb.
This press launch comprises sure statements regarding Genpact’s future expectations, plans and prospects that represent forward-looking statements, as outlined within the secure harbor provisions of the U.S. Non-public Securities Litigation Reform Act of 1995. In some instances, you possibly can establish these statements by forward-looking phrases reminiscent of “count on,” “anticipate,” “intend,” “plan,” “consider,” “may,” “could,” “shall,” “will,” “would” and variations of such phrases and related expressions, or the unfavorable of such phrases or related expressions. These statements are solely predictions based mostly on our present expectations and projections about future occasions. These statements contain a lot of dangers, uncertainties and different elements that embrace however are usually not restricted to the dangers detailed in our experiences filed with the U.S. Securities and Alternate Fee, together with Genpact’s Annual Report on Kind 10-Okay. These filings can be found at www.sec.gov. Though Genpact believes that these forward-looking statements are based mostly on cheap assumptions, you’re cautioned to not put undue reliance on these forward-looking statements, which replicate administration’s present evaluation of future occasions and shouldn’t be relied upon as representing administration’s expectations or beliefs as of any date subsequent to the time they’re made. Genpact undertakes no obligation to replace any forward-looking statements that could be made occasionally by or on behalf of Genpact.
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