Case Study: TechData achieves 120% efficiency improvement in credit reviews with HighRadius

TechData improves credit review efficiency by 120% with HighRadius

TechData, a wholesale distribution company with $35 billion in revenue, faced significant challenges in its credit management process. The company lacked a standardized global workflow, relied on multiple legacy systems that created high operational costs, and used a manually intensive process for data aggregation and credit scoring. To address these issues, TechData partnered with HighRadius to implement its credit management solution.

HighRadius provided a one-stop global solution that automated and standardized TechData's credit workflows. The implementation included automated credit scoring, integrated external reporting, and smart, customizable workflows for delegation and monitoring. This resulted in a 120% efficiency improvement in the credit department, $160k in recurring annual savings, and a 300% increase in monthly productivity. HighRadius delivered a comprehensive and intelligent system that transformed TechData's credit operations.

TechData