Autonomous Receivables

• 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.Credit_{a. 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 orders}2.EIPP_{a. 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 fees}3.Cash Application_{a. 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}

4.Deductions

_{a. Auto-Aggregation of Backup Documents such as claims and}

_{PODs from customer portals, internal stakeholders such}

_{as Sales}

_{b. AI-Based Dispute Validity Predictor predicts invalid}

_{deductions and helps to prioritize deductions for}

_{faster resolution}

_{c. Integration with TPM and Configurable Workflows}

_{ensure seamless collaboration and faster resolution}

5.Collections

_{a. AI-Enabled Payment Date Prediction leads to dynamic}

_{prioritization of customers along with recommended}

_{action items}

_{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 Platform_{ensures 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 Analytics_{integrates data insights across A/R}

_{and provides 100+ out-of-the-box reports for A/R managers/directors}

1. Faster Receivables Conversion due to Connected A/R Processes

2. A/R Teams Able to Focus on High-Value Tasks

3. 360-Degree Visibility of Global Process Health