Reduce DSO to Improve Cash Flow with Robust,Real-time AR Analytics

REDaxisis a Comprehensive Insights-driven Accounts Receivable Suite that provide key stakeholders with insights that enable them to identify actionable tasks,with potential to save multiple millions through risk mitigation and working capital reduction.By adopting a persona-based design thinking approach & leveraging technology capabilities in data science,REDaxis enables reduction in Day Sales Outstanding (DSO) & Unearned Cash Discounts (UCD),thereby realizing exponential business outcomes with minimal efforts.

LTI's REDaxis Solution has helped a Global CPG Major attain Improved Cash Collection and Accounts Receivable Productivity.
Business Benefits Delivered –

  • Identified opportunity areas and enabled workflow-driven approachto act on specific transactions / customers,leading to significant reduction in DSO (Days of Sales Outstanding) and UCD (Unearned Cash Discounts).
  • A day of DSO reduction led toUSD 200 millionin working capital.
  • The new architecture and solution design exponentiallyreduced TCOto run the IT applications.
  • High automation,with less data collation efforts,led tomore than 40% productivity improvement.
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