- HighRadius offers cloud-based Autonomous Software for the Office of the CFO. More than 800 of the world’s leading companies, including 250+ of the Global 2000, have transformed their invoice to cash, treasury, and record to report processes with HighRadius.
- The HighRadius Autonomous Receivables Platform is the world’s first AI-Powered end-to-end platform for invoice to cash automation. The platform is built on a single, common technology stack connecting all the modules of the Order to Cash cycle - Credit, Cash App, Collections, Deductions, Electronic Invoicing, and Payment Processing into a single business process.
- The HighRadius Autonomous Receivables Platform leverages machine learning algorithms trained on $4.7 trillion in financial transactions to improve decision-making for the I2C cycle. HighRadius solutions have a proven track record in improving business outcomes such as reducing DSO, bad debt, and operational expenses.
1.Credita. Online Credit Application ensures faster onboarding of new customers b. Proactive Credit Reviews through automated scoring suggestions utilizes credit data, financials aggregated from agencies such as D&B, Experian c. AI-Based Blocked Order Prediction leads to efficient handling of upcoming orders2.EIPPa. Self-Service Payment Portals augmented with 150+ global payment formats enable faster e-payments b. Automated Invoice Presentment ensures invoicing across emails, fax, EDIs, A/P portals, accounting systems c. Level III Card Processing ensures cost savings through lower interchange fees3.Cash Applicationa. Automated, Template-Agnostic Remittance Data Capture across emails, EDIs, web portals, check-stubs b. Automated A/R Matching Engine ensures linking of payments and remittances across all formats c. AI-Based Remittance Suggestions and automated correspondence to customers in case of missing remittance scenario d. Automated Deduction Coding ensures mapping of the customer reason codes to internal reason codes
a. Auto-Aggregation of Backup Documents such as claims and
PODs from customer portals, internal stakeholders such
b. AI-Based Dispute Validity Predictor predicts invalid
deductions and helps to prioritize deductions for
c. Integration with TPM and Configurable Workflows
ensure seamless collaboration and faster resolution
a. AI-Enabled Payment Date Prediction leads to dynamic
prioritization of customers along with recommended
b. Autonomous Collections with Digital Assistant Freeda
ensures auto-transcription of collection calls and
Interpretation of email responses
c. Template-Agnostic Automated Correspondence and
A/P Portal Integration ensure higher dunning outreach
and faster collections
6. Rivana, the AI-Based Platformensures high-impact
decision making across HighRadius cloud solutions for credit,
collections, deductions, cash application, billing and
payments using Credit and A/R Data
7. Receivables Analyticsintegrates data insights across A/R
and provides 100+ out-of-the-box reports for A/R managers/directors