A proven key to unlocking significant value in working capital comes from reducing DSO, improving the invoice to cash cycle process efficiency, and better management of working capital risk to reduce bad debt. Industry best practices for Accounts Receivable, Credit, and Collections have been developed over time; however, conventional approaches to implementing technology have often been challenging, cumbersome and expensive.

Genpact’s acquisition of Akritiv, a global provider of Software as a Service (SaaS) solutions for working capital management, overcomes these challenges with cost-effective and easy-to-implement solutions that optimize inter-company cash flows in highly productive ways. Delivered via a cloud-computing technology platform, Genpact’s Akritiv Order-To-Cash (OTC) Solutions make proven best practices highly configurable to individual requirements. Deployment "time to value" is rapid for both small and large corporations anywhere in the world.

Designed for Receivables and Credit Management, and Collections organizations, Genpact Akritiv Solutions automate collections workflow, deliver built-in credit management, cash application and dispute collaboration processes, and enhance overall risk management and enterprise reporting.

In addition, Genpact’s experience from managing over $100B of AR globally translates directly into product enhancements for Akritiv, enabling a cycle of innovation that is unmatched in the industry.

 

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Genpact’s Akritiv OTC Solutions deliver an end-to-end means for AR process optimization and cross-departmental collaboration, linking easily with back office (ERP) operations and front line (CRM) applications, enhancing cross-department collaboration and enabling a 360 degree view of the customer.

Designed as a net-native application and built from the ground up on advanced Enterprise Cloud Computing architecture, Akritiv’s infrastructure delivers services around the world in a proven, real-time, scalable fashion. The underlying infrastructure runs over geographically dispersed, mirrored data centers with built-in replication, a redundant network backbone, and no single points of failure. Data integration capabilities extend from simple business user upload tools to automated flat file reads to programmatic access protocols utilizing tested and reliable technologies.

Users benefit from fast performance, an intuitive and easy-to-deploy interface into the service, and minimized impact to corporate IT priorities and spending. In turn, this makes our solution one of the industry's lowest-risk, easiest-to-use, and fastest-to-adopt solutions in its class.

To learn more about Akritiv OTC solutions, Click here

today to find out how Genpact Akritiv OTC solutions can unlock strategic value for your organization’s financial value chain.

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