What is HighRadius?
HighRadius is a comprehensive financial operations platform that combines artificial intelligence and automation to transform how enterprises manage their financial processes. The platform processes $18.9 trillion in transactions annually and has successfully implemented over 3,400 finance transformation projects globally.
The solution encompasses multiple integrated modules including Order-to-Cash, Accounts Payable, B2B Payments, Treasury & Risk, Close & Reconciliation, and Consolidation & Reporting. Each module leverages advanced AI technologies including Random Forest, GenAI LLMs, and Machine Learning algorithms to automate complex financial operations and deliver measurable business outcomes.
Features
- AI-Powered Automation: Multiple AI models for payment prediction, matching, and processing
- Multi-Module Integration: Seamless connection between O2C, AP, Treasury and Close processes
- Pre-Built ERP Integration: Compatible with 50+ ERP systems
- Guaranteed Business Outcomes: Measurable improvements in DSO, productivity and accuracy
- GenAI Assistant: RAG-based AI assistant for financial operations
- No-Code AI Platform: Customizable automation without coding
Use Cases
- Automated accounts receivable management
- Touchless invoice processing
- AI-driven cash forecasting
- Automated financial close and reconciliation
- B2B payment processing optimization
- Financial consolidation and reporting
FAQs
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How is HighRadius pricing different from traditional software licensing?
HighRadius uses a SaaS subscription model with pay-as-you-go pricing, eliminating upfront licensing costs and hidden maintenance fees. The subscription includes all infrastructure costs and allows businesses to pay only for features they use. -
How long does implementation take?
HighRadius implementation typically takes 2-6 months using their Speed To Value Implementation Methodology.
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