HighRadius
Autonomous Finance for the Office of the CFO, powered by Agentic AI.
Executive Summary
HighRadius delivers AI-powered autonomous finance solutions across Order-to-Cash, Treasury, and Record-to-Report processes. It serves over 1,300 global enterprises, including major brands like 3M and Unilever, by leveraging its Rivana AI platform with 180+ AI agents to orchestrate end-to-end financial operations. The platform's key value lies in automating complex financial tasks, reducing manual effort, and providing real-time insights to improve KPIs like DSO, cash forecasting accuracy, and financial close cycles, typically with a 3-6 month implementation period. [4, 6]
Use Cases
- Automating cash application and reconciliation for high transaction volumes to improve efficiency and accuracy. [25, 32]
- Improving accuracy and efficiency of cash flow forecasting to optimize liquidity and investment decisions. [31]
- Streamlining credit risk assessment and customer onboarding processes to reduce bad debt and accelerate sales. [12, 28]
- Optimizing collections processes and reducing Days Sales Outstanding (DSO) through intelligent prioritization and automation. [10, 34]
- Accelerating financial close and reconciliation cycles to provide faster and more accurate financial reporting. [2, 6]
- Ensuring compliance with financial regulations like SOX through automated controls and audit trails. [22, 26]
Features
Visibility
- Real-time A/R Analytics: Provides out-of-the-box reports and insights by connecting and analyzing data across credit and A/R data sources for an end-to-end overview. [19]
- Customizable Dashboards: Dynamic dashboards offer a snapshot view of key A/R data for quick and easy data analysis and visualization. [19]
- Advanced Drill-Down Functionality: Interactive drill-down capabilities enable thorough root-cause analysis and provide key operational insights into financial data. [19]
- Process and Team Performance Tracking: Reports on individual process performance and efficiency provide metrics to gauge analyst-level and process-level productivity. [19]
- Global Cash Visibility: Offers a comprehensive, real-time view of cash positions across all bank accounts and legal entities to optimize liquidity management. [6]
Intelligence
- AI-Powered Cash Application: Automates the matching of payments to invoices, predicts remittances, and handles exceptions with high accuracy, achieving up to 95% no-touch cash posting rates. [6, 21, 25, 32]
- Predictive Cash Flow Forecasting: Uses AI/ML models to predict cash flow patterns, optimize liquidity, and enable data-driven funding and investment decisions with up to 95% accuracy. [2, 6, 21, 31]
- Autonomous Credit Management: Automates creditworthiness evaluation, credit limit setting, and risk monitoring by integrating and analyzing data from over 40 credit agencies. [2, 6, 12]
- Intelligent Collections Management: AI-enhanced automation for managing promises to pay, tasks, call logs, and customer segmentation to improve collection effectiveness and reduce past dues. [6, 10, 34]
- AI-Powered Financial Close & Reconciliation: Automates reconciliations, journal entries, and approvals, significantly reducing the time and effort required for month-end and year-end financial close processes. [2, 6]
Support
- Dedicated Customer Success Managers: Provides dedicated support and guidance throughout the customer journey, from implementation to ongoing optimization. [4]
- Comprehensive Online Knowledge Base: Offers extensive resources including blogs, newsletters, eBooks, templates, whitepapers, and case studies for self-service learning. [6, 16]
- Product Training & Certifications: Provides foundational training and certifications for various modules, such as Cash Application Automation, to ensure user proficiency. [32]
- Multi-channel Support: Offers support through various channels including email and phone for addressing queries and issues. [1]
Technical Specifications
- Architecture
- Cloud-native SaaS, Agentic AI Platform
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML 2.0, MFA, OAuth 2.0
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
- Azure
- GCP
AI/ML Stack
- NLP
- Machine Learning
- LLM
- Computer Vision
- Generative AI
Integrations
- SAP
- Oracle
- Microsoft Dynamics
- NetSuite
- Workday
Security & Compliance
Certifications: SOC 2 Type II, ISO 27001, GDPR
Encryption: AES-256 at rest, TLS 1.2+ in transit
Pricing
- Model
- Custom enterprise
- Starting Price
- Contact sales
- Target Customer
- Enterprise only
- Contract Type
- Annual, Multi-year discounts available
- Free Trial
- Yes, Custom demo (credit card required)
About HighRadius
HighRadius offers AI-driven Autonomous Finance Solutions for the Office of the CFO, automating and enhancing accounts receivable, treasury management, order-to-cash, record-to-report, and accounts payable processes for over 800 leading companies.