HighRadius

HighRadius is an autonomous finance platform that empowers the Office of the CFO with a range of financial operations. With AI at its core, the platform automates and optimizes multiple areas, including Order-to-Cash, Treasury, and Record-to-Report processes.

HighRadius helps customers optimize working capital, accelerate financial closes, and increase productivity through the power of automation. Some of the key areas include:

• Order-to-Cash:
  • Collections Management: AI-based worklist prioritization and automated dunning.
  • Cash Application Management: Straight-through cash application and 100% savings on lockbox data capture fees.
  • Deductions Management: AI-assisted deductions management to reduce DDO and improve net recovery.
  • Credit Management: Real-time credit risk visibility and comprehensive workflows.
  • Electronic Invoicing: Auto-delivery of invoices and payment portals for frictionless billing and payments.
• Treasury & Risk:
  • Cash Management: Automation of daily cash operations.
  • Cash Forecasting: AI-backed cash flow forecasting with self-service modules.
  • Treasury Payments: Centralized and secure automated payments.
• B2B Payments:
  • Payment Gateway: Secure payment processing for global payment methods.
  • Surcharge Management: Compliance and accurate calculation of surcharges.
  • Interchange Fee Optimizer: Minimization of interchange fees.
  • Payment Gateway for SAP: SAP-certified payment solution.
• Record-to-Report:
  • Account Reconciliation: Optimized account reconciliation for General Ledger Accounts.
  • Financial Close Management: Automated financial close processes.
  • Anomaly Management: Proactive resolution of potential errors and omissions.
• Accounts Payable:
  • AI-Powered Invoice Processing: Automation of invoice processing.

HighRadius integrates with multiple ERPs, banks, and third-party platforms, ensuring a seamless flow of data and reducing IT overhead. The platform is designed to deliver significant benefits, including reducing Days Sales Outstanding (DSO), improving cash flow, and increasing productivity.

HighRadius serves over 1,000 global businesses across various industries, including Consumer Packaged Goods, Industrial Manufacturing, Wholesale Distribution, and Pharma & Chemicals. The platform has been recognized by several analysts, including Gartner, The Hackett Group, and IDC MarketScape, as a leader in autonomous finance solutions.

Pricing and custom plans are available by contacting HighRadius directly. The platform also offers a 30-minute personalized demo for a live walk-through of its features and capabilities.

Published on June 29, 2024