HighRadius

HighRadius is a fintech software-as-a-service company that automates accounts receivable (A/R) and treasury processes by leveraging AI-based autonomous systems for industries like consumer products, manufacturing, distribution, energy, and more.

HighRadius products and solutions combine Artificial Intelligence, Robotic Process Automation, Natural Language Processing, and Connected Workspaces tools, features, and solutions to provide finance and accounting professionals with modern digital transformation capabilities.

Because of these features, the HighRadius solutions can deliver increased operational efficiency through automation. Also, companies receive accurate cash flow forecasts and cash management, resulting in fewer days of sales outstanding (DSO), bad debt, and days in arrears. As a result, businesses can achieve high returns on investment.

The HighRadius solution system is divided into three main platforms of solutions and tools.

The HighRadius® Integrated Receivables helps businesses automate their receivable and payment processes for credit, electronic billing and payment processing, cash application, deductions, and collections. This way, your business can easily streamline and reduce your order-to-cash process cycle time.

It offers real-time risk monitoring and faster reviews with considerable scoring models and workflows. It also provides automated invoicing and global payment support for buyers. There are also self-service portals for your customer.

The HighRadius® Treasury Management Applications combines a tailored Rivana™ artificial intelligence platform for finance and the Freeda™ digital assistant.

With the combined power of these tools, HighRadius empowers businesses to achieve touchless cash management, accurate cash forecasting, and seamless bank reconciliations.

Businesses and teams can also leverage machine learning to predict future outcomes and automate routine, laborious tasks.

The immediate result is that companies achieve the highest accuracy in all cash flow categories. They can also maintain continuous visibility and control over their cash positions.

The RadiusOne B2B Collaboration Network is an order-to-cash solution for midsized companies across industries with AI-powered A/R processing.

It provides companies with work-from-anywhere accounts receivable solutions for continuously monitoring customer risk and executing effective collections.

Thanks to this network, suppliers and A/R teams can connect digitally with buyers and A/P teams to process receivables and payments more efficiently.

Key features

• Data-driven AI software platform
• Achieve low Days Sales Outstanding
• Fast-track your financial close
• Real-time risk monitoring
• Increased operational efficiency