HighRadius is a top fintech firm globally with a single, AI-driven platform to automate finance processes for the CFO office. Since its inception in 2006, HighRadius has enabled more than 1,100 organizations across the globe to drive improved financial performance through rapid, value-based solutions. HighRadius stands out in the market by linking employee incentives to measurable value creation, with a high ROI for its clients.
In 2010, the company transitioned to cloud-based technologies and has continued on the curve of innovation, launching innovative solutions like Autonomous Treasury and LiveCube. Such innovations have placed HighRadius at the forefront of finance automation. With a focus on performance and effectiveness, the company helps businesses by automating tasks like accounts receivable, deductions, and payments. HighRadius has achieved the lofty "Centaur" status among SaaS businesses, an accomplishment for those with over $100 million in annual recurring revenue—its uniqueness and worldwide recognition as a financial technology success story.

Services offered by HighRadius

Order to Cash Suite

HighRadius has a comprehensive Order to Cash Suite focused on simplifying business processes and optimizing cash efficiency and flow. It applies artificial intelligence in scanning data, proposing good decisions, and performing routine tasks. It enables 10% savings in DSO and boosts the productivity of teams by 40%.

The suite encompasses all the key functions. Under Collections Management, it assists groups in prioritizing work, making outgoing calls, and working on AR e-mails. Credit Management comprises fast credit app processing, auto-credit checks, and real-time credit scoring linked to credit bureaus. Remittance information gathering, invoice-to-payment matching, and customer identification are all automated by Cash Application.

E-Invoicing Portal (EIPP) allows the upload of invoices, provides compliance functionality, and impacts use of the portal by buyers. Deductions Management features match trade promotions functionality, claim validity prediction functionality, and processing of invalid or portal-received claims.

Together, these capabilities allow finance teams to get paid quicker, lower error rates, and free up time for more strategic activities.

Accounts Payable Suite

HighRadius provides a revolutionary Accounts Payable (AP) Suite that streamlines invoice processing in a quicker, more accurate, and less costly manner. The suite is bolstered by artificial intelligence, which enables touchless management of invoices, improved communication with vendors, and regulatory compliance, and provides companies with complete visibility into their payables process.

The AP Automation solutions incorporate functionalities like email invoicing capture, AP inbox control over invoices, and 3-way purchase order, invoice, and receipt match. It also includes non-PO invoice handling with general ledger (GL) coding in order to reduce manual entries to the extent possible.

The Supplier Portal provides frictionless onboarding, KYC/KYB verification, and simple invoice uploading. Suppliers can monitor order shipments and communicate directly through the portal to develop enhanced relationships.

This end-to-end solution has the potential to decrease invoice processing expenses by up to 50% and boost productivity by 40%. HighRadius's AP Suite delivers faster approvals, fewer errors, and greater control over corporate spending.

B2B Payments Suite

HighRadius B2B Payments Suite optimizes and automates business payments. It helps businesses save money and collect payments from customers worldwide. Businesses can save up to 20% on payment processing fees with intelligent tools such as the Interchange Fee Optimizer. The suite is also internationally PCI compliant, protecting all the payment information.

The Payment Gateway offers a number of various approaches like credit cards, ACH/eCheck, cross-border direct debits, and eCommerce card processing. Having flexibility allows companies to gain more sales because the customers are able to pay in their preferred manner. Surcharge Management allows companies to charge and manage surcharges properly and lawfully.

The suite also integrates seamlessly with SAP systems, enabling global direct debits and card or eCheck payment processing in SAP. The B2B Payments Suite from HighRadius improves the payment experience for both senders and recipients while saving businesses money and increasing efficiency.

Sashi- President & Chief Executive Officer of HighRadius

Sashi, the co-founder and CEO at HighRadius, has business and technical experience, bringing both to the company. He works to enhance financial processes in order to enable companies to increase efficiency, decrease Days Sales Outstanding (DSO), and recover greater deductions. HighRadius has assisted numerous Fortune 1000 firms with credit, collections, invoicing, and payment solutions under his direction. Prior to founding HighRadius, Sashi was the CEO of Riversand Technologies, a Master Data Management solutions company. He has a Master's in Mechanical Engineering from the University of Maryland and a Bachelor's degree from IIT Madras in Mechanical Engineering.

“HighRadius Deductions Management Software is designed to integrate smoothly with ERP systems and supports API connections with other financial management platforms. This enables efficient retrieval of key data fields such as credit memos, open deductions, and open negative line items.”

“HighRadius provides a single platform for automation for the office of the CFO. HighRadius through its AI and ML powered products and speed to value implementation methodology has enabled significant value creation for 1100+ global organizations.”