Case Study: JBS unlocks $6M in working capital with HighRadius integrated receivables automation

JBS unlocks $6M in working capital with HighRadius

JBS, the world's largest meat processing company, faced significant challenges in its accounts receivable process. These included an inability to prioritize critical customer accounts for collections, complexities in manually handling exceptions, and a large amount of time lost researching trade deductions. To address these issues, JBS implemented HighRadius's AI-based Integrated Receivables platform.

The HighRadius solution provided AI-based dynamic segmentation to prioritize customers, ML-powered recommendations for handling exceptions, and automated extraction of documents to fast-track deductions research. As a result, JBS unlocked $6.4 million in working capital, achieved zero-touch payment processing for many transactions, and reallocated two full-time employees to more critical tasks. HighRadius also helped JBS reduce past dues by 27% and bad debt by 20%.

JBS