HighRadius - Complete Company Profile

HighRadius is a software company. HighRadius offers 8 products: Financial Close & Reconciliation Platform, FreedaGPT (Generative AI Assistant for the Office of the CFO), B2B Payments Platform, Financial Consolidation & Reporting Platform, Treasury & Risk Platform, Order to Cash Platform, LiveCube (No-Code AI Platform to Automate Data Analysis), Accounts Payable Platform.

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HighRadius

HighRadius provides cloud-based solutions for automating accounts receivable, accounts payable, treasury management, and financial consolidation & reporting. It integrates artificial intelligence to optimize financial processes and improve operational efficiency.

"AI-Powered Value Creation for The Office Of The CFO"

What HighRadius Offers

8 products and services

Financial Close & Reconciliation Platform

The HighRadius Financial Close & Reconciliation Platform is an AI-powered suite designed to automate and streamline the financial close, reconciliation,...

AI agents for daily anomaly detection
100+ pre-built LiveCube apps for automated reconciliation

FreedaGPT (Generative AI Assistant for the Office of the CFO)

FreedaGPT is a generative AI assistant designed for the Office of the CFO, enabling finance professionals to automate and streamline...

Email Compose: Auto-drafts and personalizes collection email responses, attaches relevant documents, and allows collector oversight before sending
Insights: Generates summary reports, insights, and graphs in seconds based on user prompts; identifies anomalies and high-risk items

B2B Payments Platform

The HighRadius B2B Payments Platform (B2B Payments Suite) leverages AI agents to minimize payment costs through Interchange Fee Optimizer and...

AI-powered Interchange Fee Optimizer
Surcharge Management with legal compliance

Financial Consolidation & Reporting Platform

The HighRadius Financial Consolidation & Reporting Platform is an AI-powered suite designed to streamline global financial management for the office...

AI agents for real-time FX conversions and GL transaction roll-ups
Pre-built integrations with 50+ ERPs, 10+ payment processors, and 100+ banks

Treasury & Risk Platform

The HighRadius Treasury & Risk Platform is an AI-powered suite designed to unlock liquidity potential for enterprises by providing complete...

AI agents for liquidity management
Real-time global cash tracking

Order to Cash Platform

The HighRadius Order to Cash Platform is an AI-powered suite that analyzes data to recommend data-driven decisions, streamline accounts receivable...

AI agents for data-driven recommendations and workflow automation
Collections Management

LiveCube (No-Code AI Platform to Automate Data Analysis)

LiveCube is a no-code platform with an Excel-like user interface connected to a cloud database capable of handling millions of...

No-code app creation and usage
Excel-like user interface

Accounts Payable Platform

AI Agents for touchless invoice processing, smart supplier communications, & compliance checks for complete visibility and stronger supplier relationships. Reduce...

AI agents for touchless invoice processing
Smart supplier communications

Company Information

Enriched company details and information

AI-Powered Value Creation for The Office Of The CFO

Description

HighRadius provides cloud-based solutions for automating accounts receivable, accounts payable, treasury management, and financial consolidation & reporting. It integrates artificial intelligence to optimize financial processes and improve operational efficiency.

What They Do

HighRadius offers software solutions that automate various finance and accounting tasks for businesses, focusing on the office of the CFO.

Who They Serve

HighRadius serves companies across multiple industries, including manufacturing, retail, healthcare, technology, and financial services.

Key Value Propositions

AI-driven automation for finance processes
Integration with over 50 ERPs
Improved cash flow visibility and forecasting
Faster financial close and reconciliation

Target Customers

CFOs
Finance leaders
Accounts payable teams
Accounts receivable teams

Industries Served

Manufacturing
Retail
Healthcare
Technology
Financial Services
Consumer Packaged Goods
Media
Logistics

API Information

API Summary

HighRadius provides a robust API for integration with various ERP systems and third-party applications.

API Available
Yes
API Related URLs

Customer Logos

Coca-Cola

Coca-Cola

Nike

Nike

Case Studies

$13 Million Recovered With 50% Faster Days To Resolve

Customer: Coca-Cola Bottlers

HighRadius implemented solutions that resulted in quicker resolution of financial discrepancies, saving millions.

$1.6 Million Interest Savings Annually

Customer: Konica Minolta

HighRadius solutions enabled significant cost savings in financial management activities.

75% Improvement In Revenue Recognition Productivity

Customer: Conference Direct

Automated processes leading to increased efficiency in revenue recognition.

Testimonials

"HighRadius transformed our financial processes, providing visibility and control like never before."

Colleen Zdrojewski - Vice President – Financial Services

Products & Offerings

Detailed information about HighRadius's products and services. Each offering is enriched with AI-powered insights to help you understand capabilities, features, and use cases.

Financial Close & Reconciliation Platform

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Product Overview

The HighRadius Financial Close & Reconciliation Platform is an AI-powered suite designed to automate and streamline the financial close, reconciliation, and intercompany management processes. It leverages AI agents and 100+ pre-built LiveCube apps to flag anomalies, reduce month-end workload, and enable a continuous close process, resulting in faster close times, increased productivity, and real-time visibility for finance teams.

Key Features

  • AI agents for daily anomaly detection
  • 100+ pre-built LiveCube apps for automated reconciliation
  • Upload 2,000+ R2R Excels to auto-generate 200+ AI agents
  • Automated reconciliation for financial close, balance sheet, daily revenue, and intercompany management
  • Pre-built integrations with 50+ ERPs, 10+ payment processors, and 100+ banks
  • Real-time dashboards and checklists for close and reconciliation tasks
  • Auto journal posting and transaction matching
  • Continuous close process (not just month-end)

Key Benefits

  • Cut close time by 30%
  • Boost productivity by 50%
  • Gain 100% real-time visibility
  • Reduce month-end workload with daily anomaly flagging
  • Enable continuous close process
  • Guaranteed operational KPI improvements (not just AI hype)
  • 99% reconciliation accuracy
  • 95%+ transaction auto match rate
  • 50%+ close task automation
Documentation
View Documentation
Who Is It For
  • Office of the CFO
  • Finance and accounting teams at enterprises
  • Organizations seeking to automate and optimize financial close and reconciliation
  • Companies with complex intercompany transactions
  • Businesses requiring high-volume, high-accuracy reconciliation
Supporting Resources
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FreedaGPT (Generative AI Assistant for the Office of the CFO)

FreedaGPT is a HighRadius tool that helps finance professionals gain insights and answers related to accounting and financial data by having conversations in everyday language. It automates tasks across the finance process, including email drafting, report generation, call summarization, and support case handling.

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Product Overview

FreedaGPT is a generative AI assistant designed for the Office of the CFO, enabling finance professionals to automate and streamline processes such as email composition, reporting, call summarization, and support through natural language interactions. It leverages enterprise-grade LLMs and HighRadius’ proprietary big data to provide secure, intuitive, and efficient solutions for finance teams.

Detailed Description

FreedaGPT is a HighRadius tool that helps finance professionals gain insights and answers related to accounting and financial data by having conversations in everyday language. It automates tasks across the finance process, including email drafting, report generation, call summarization, and support case handling.

Key Features

  • Email Compose: Auto-drafts and personalizes collection email responses, attaches relevant documents, and allows collector oversight before sending
  • Insights: Generates summary reports, insights, and graphs in seconds based on user prompts; identifies anomalies and high-risk items
  • Call Assistant: Processes calls in real time, generates call summaries, drafts follow-up emails, and logs action items with approval
  • Support: Provides self-service support, resolves common issues via prompts, and can automatically raise support cases with context
  • Data Security: No PII data sent to LLM, only database schema shared; SQL validation and query security; secure execution and visualization

Key Benefits

  • Automates and drafts tailored collection email responses with attachments
  • Generates instant, intuitive reports and dashboards from simple English prompts
  • Captures call details, drafts follow-up emails, and logs action items automatically
  • Enables self-service support for HighRadius users, reducing support case volume
  • No technical knowledge required for use
  • Ensures data privacy and security by not transmitting PII to LLM APIs
How It Works
1.Users interact with FreedaGPT using natural language prompts.
2.For emails: System triages, categorizes, and drafts responses with attachments; collectors review before sending.
3.For insights: Users prompt for reports or anomaly detection; FreedaGPT generates dashboards and visualizations instantly.
4.For calls: FreedaGPT summarizes calls, drafts follow-up emails, and logs action items automatically.
5.For support: Users prompt FreedaGPT for help; it provides self-service answers or raises support cases as needed.
6.Data handling: Only schema (not data) is shared with LLM; queries are validated for security before execution.
Documentation
View Documentation
Who Is It For
  • Finance professionals
  • Collectors
  • Office of the CFO
  • HighRadius users
  • Finance teams seeking automation and insights
Requirements
  • No technical knowledge required; designed for finance professionals.
Detailed Sections
FreedaGPT

Generative AI Assistant for the Office of the CFO

FreedaGPT across Your Finance Process
  • Email Compose: Auto-drafts tailored collection email responses with attachments automatically.
  • Insights: Generates instant, intuitive reports and dashboards with simple English prompts.
  • Call Assistant: Captures call details, drafts follow-up emails, and logs action items automatically.
  • Support: Helps HighRadius users resolve issues quicker through self-service prompts.
FreedaGPT Email Compose
  • Inbox Overwhelm: Collectors are flooded with numerous emails daily.
  • Email Triage: System categorizes and prioritizes emails based on urgency and content.
  • Automated Responses: Drafts tailored responses, attaches relevant documents, and reminders.
  • Collector’s Oversight: Collectors review and refine auto-composed emails before sending.
FreedaGPT Insights
  • Gathering Data: Users spend time gathering past data and generating reports.
  • Leveraging FreedaGPT: Bypass manual dashboard creation; prompt for anomalies or high-risk items.
  • Generate Reports in Seconds: Instantly generates summary reports, insights, and graphs.
FreedaGPT Call Assistant
  • Real Time Call Summaries: Processes calls and generates summaries.
  • Tailored Follow-up Email: Summarizes meeting transcript and drafts follow-up emails.
  • Suggested Actions: Recognizes and logs action items like Promises to Pay and Disputes.
FreedaGPT Support
  • Support Portal: Users can raise support cases for professional assistance.
  • Self-Service: Resolve common issues independently by prompting FreedaGPT.
  • FreedaGPT Support: Can automatically raise support cases from within the application.
Data Security and Privacy

FreedaGPT is powered by enterprise-grade LLMs and HighRadius’ proprietary big data. No PII data is sent to the LLM. Only database schema is shared. SQL is validated for security. Queries are executed on a secure platform.

  • No PII data sent to LLM API.
  • Only database schema of relevant views is shared.
  • SQL generated by LLM is validated for accuracy and compliance.
  • Additional data security layer prevents unauthorized access and data breaches.
  • Validated queries are executed on a secure and scalable data platform.
Frequently Asked Questions
  • What is GenAI?
  • What is GPT?
  • Is my financial data shared with the LLM?
  • Do I need to have any technical knowledge to use FreedaGPT?
  • What is a public LLM?
  • What is FreedaGPT?
  • Is my financial data safe with FreedaGPT?
  • Can FreedaGPT access sensitive information from my database?

B2B Payments Platform

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Product Overview

The HighRadius B2B Payments Platform (B2B Payments Suite) leverages AI agents to minimize payment costs through Interchange Fee Optimizer and Surcharge Management, while boosting sales by enabling acceptance of diverse payment methods globally. The platform is designed for the Office of the CFO and delivers guaranteed operational KPI improvements, including reduced DSO, global PCI compliance, and significant interchange fee savings.

Key Features

  • AI-powered Interchange Fee Optimizer
  • Surcharge Management with legal compliance
  • Global Payment Gateway supporting multiple payment methods
  • Direct Debit & eCheck Processing
  • Card Processing (global)
  • Payment Gateway for SAP (ACH validation, acceptance, processing)
  • Virtual Card Processing (low-cost Euro payments)
  • eCommerce Payment Gateway
  • HighRadius Merchant Services (lower fees with transaction-level data)
  • Pre-built integrations with 50+ ERPs, 10+ payment processors, and 100+ banks

Key Benefits

  • Up to 30% reduction in interchange fees for eligible transactions
  • Up to 10 days DSO (Days Sales Outstanding) reduction
  • 100% global PCI DSS compliance
  • Up to 100% interchange fee recovery for eligible transactions
  • Maximized transaction success rate
  • Processes card payments in 30+ currencies
  • Supports 40+ processors on PCI-compliant rails
  • 100% transaction coverage for surcharging
  • 80% of eligible transactions via Level III data
Documentation
View Documentation
Who Is It For
  • CFOs and finance teams at global enterprises
  • Businesses seeking to optimize B2B payment costs
  • Organizations requiring global payment acceptance and compliance
  • Companies using multiple ERPs, payment processors, and banks
Detailed Sections
B2B Payments Suite

AI Agents minimize payment costs via Interchange Fee Optimizer and Surcharge Management. Boost sales by accepting diverse payment methods globally.

  • 30% Interchange Fee Reduction
  • 100% Global PCI Compliance
Guaranteed Operational KPI Improvements - Not AI Hype

Payment Gateway, Surcharge Management, Interchange Fee Optimizer deliver measurable business outcomes.

  • Up to 10 days DSO reduction
  • 100% Global PCI DSS compliance
  • Up to 100% interchange fee recovery for eligible transactions
  • Up to 30% reduction in interchange fee for eligible transactions
  • Maximize Transaction Success Rate
  • Processes card payments in 30+ currencies and Supports 40+ processors on PCI-compliant rails
  • 100% Transactions Coverage for Surcharging
  • 80% of eligible transactions via Level III
Pre-Built Integrations

Integrates with 50+ ERPs, 10+ payment processors, and 100+ banks.

  • 50+ ERPs
  • 10+ Payment Processors
  • 100+ Banks
Supporting Resources
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Financial Consolidation & Reporting Platform

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Product Overview

The HighRadius Financial Consolidation & Reporting Platform is an AI-powered suite designed to streamline global financial management for the office of the CFO. It leverages pre-built integrations and AI agents to automate FX conversions, roll-up of GL transactions, and reporting across multiple entities, significantly improving efficiency, accuracy, and speed in financial consolidation and reporting processes.

Key Features

  • AI agents for real-time FX conversions and GL transaction roll-ups
  • Pre-built integrations with 50+ ERPs, 10+ payment processors, and 100+ banks
  • Automated intercompany eliminations and FX adjustments
  • Chart of accounts mapping for improved consolidation accuracy
  • Entity ownership tracking for enhanced audit trail accuracy
  • Statutory, management, and personalized reporting capabilities
  • LiveCube AI Agent Builder: converts 2,000+ R2R Excel files into 200+ AI agents for close and consolidation use cases
  • Upload and automate thousands of spreadsheets for close automation

Key Benefits

  • Boosts consolidation efficiency by 60%
  • Reduces manual adjustments by 85%
  • Accelerates reporting by 80%
  • Enables 70% faster decision-making
  • Delivers 98.7% accuracy in intercompany eliminations
  • Automates 97% of currency conversions
  • Reduces report preparation time by 95%
  • Reduces time-to-variance analysis by 90%
  • Guaranteed business outcomes or your money back
Documentation
View Documentation
Who Is It For
  • Office of the CFO
  • Finance teams in global enterprises
  • Organizations requiring multi-entity, multi-currency consolidation and reporting
  • Companies seeking to automate and accelerate financial close, consolidation, and reporting processes
Detailed Sections
Consolidation & Reporting Suite

AI agents leverage pre-built integrations for FX conversions, roll-up of GL transactions across entities in real time to streamline global financial management.

  • Boost consolidation efficiency by 60%
  • Reduce manual adjustments by 85%
  • Accelerate reporting by 80%
Financial Consolidation

Automate FX conversions, intercompany eliminations, chart of accounts mapping, and entity ownership for accurate and efficient consolidation.

  • FX Currency Conversions
  • Intercompany Eliminations
  • Chart of Accounts Mapping
  • Entity Ownership
Financial Reporting

Generate statutory, management, and personalized reports to enhance forecasting accuracy and increase reporting flexibility.

  • Statutory Reports
  • Management Reports
  • Personalized Reports
LiveCube AI Agent Builder

Upload 2,000+ R2R Excels to the LiveCube Agent Builder, which converts them into 200+ AI agents for close and consolidation use cases.

  • Upload 1000s of spreadsheets
  • 200+ AI Agents auto-generated
  • 60%+ Close automation
Guaranteed Business Outcomes Or Your Money Back

Platform guarantees measurable improvements in efficiency, accuracy, and speed, or your money back.

  • 60% Efficiency
  • 85% Manual Adjustments
  • 80% Faster Financial Reporting
  • 70% Faster Decision-Making
  • 98.7% Accuracy in Intercompany Eliminations
  • 97% Currency Conversion Automation
  • 95% Report Preparation Time
  • 90% Time-to-Variance Analysis
Pre-Built Integrations

Integrates with 50+ ERPs, 10+ payment processors, and 100+ banks.

  • 50+ ERPs
  • 10+ Payment Processors
  • 100+ Banks

Treasury & Risk Platform

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Product Overview

The HighRadius Treasury & Risk Platform is an AI-powered suite designed to unlock liquidity potential for enterprises by providing complete cash visibility, accurate forecasting, and streamlined treasury payments integrated into business workflows. It aims to increase productivity, reduce idle cash, and lower bank fees for finance teams.

Key Features

  • AI agents for liquidity management
  • Real-time global cash tracking
  • Automated cash-to-bank reconciliations
  • Centralized debt and investment cash flows
  • Automated GL posting rules
  • AI-driven cash forecasting and scenario analysis
  • Excel-like platform for building forecasts
  • What-if analysis capabilities
  • Tracking forecast vs actual variance
  • Centralized high-value payment execution
  • Multi-tiered payment approvals
  • Global payment flexibility
  • AI-powered fraud detection for payments

Key Benefits

  • Increase productivity by up to 70%
  • Reduce idle cash by 50%
  • Reduce bank fees by 30%
  • Achieve 100% global cash visibility
  • Automate bank integration and reconciliation
  • Improve forecast accuracy for inflows and outflows
  • Streamline high-value payment execution and approvals
  • AI-powered fraud detection for payments
Documentation
View Documentation
Who Is It For
  • CFOs and finance teams
  • Treasury departments
  • Large and midmarket enterprises seeking automation and AI-driven treasury management
Detailed Sections
Treasury & Risk Suite

AI agents unlock liquidity potential with complete cash visibility, accurate forecasting, and streamlined treasury payments integrated into your workflows.

  • Increase productivity by 70%
  • Reduce idle cash by 50%
  • Reduce bank fees by 30%
Cash Management

Track global cash in real-time, automate cash-to-bank reconciliations, centralize debt and investment cash flows, and manage GL posting rules.

  • Bank Statement Download
  • Bank Transaction Classification
  • Daily Cash Position
  • Bank Reconciliation
Cash Forecasting

Leverage AI for accurate forecasting, build forecasts in Excel-like platform, perform what-if analysis, and track forecast vs actual variance.

  • Cash Forecast Variance
  • Cashflow Scenario Analysis
  • Bank Statement Download
  • AR Forecast
Treasury Payments

Centralize high-value payment execution, streamline multi-tiered payment approvals, connect globally with payment flexibility, and use AI-powered fraud detection for payments.

  • Internal Bank Transfer
  • Vendor Payment
  • Treasury Initiated Payment
  • Investment & Debt Payments
Guaranteed Operational KPI Improvements - Not AI Hype

Operational KPIs and business outcomes for each module, including productivity, accuracy, and cost savings.

  • 70% More Productive Cash Management
  • 100% Global Cash Visibility
  • 50% Reduction in Idle Cash
  • 70% More Productive Cash Forecasting
  • 30% Reduction in Bank Fees
  • 30% Productivity Improvement
  • 100% Automated Bank Integration
  • 98% Auto-tagging of Transactions
  • 98% Auto-creation of Transactions
  • 98% Bank Account Reconciliation
  • 100% Automated GL Entries Generation
  • 95% Global Inflows Forecast Accuracy
  • 95% Global Outflows Forecast Accuracy
  • 90% Time Saving Per Scenario Analysis
  • 95% AR Forecast Accuracy
  • 95% AP Forecast Accuracy
  • 98% On-Time Payments Execution
  • 30% Savings on Avg Cost of Payments
  • 90% Frauds and Errors Auto-Detected
  • 100% Payment Status Updates
  • 95% Centralized Approval Workflows
A Leading Choice For Treasury Innovation

HighRadius is recognized as a Major Player for Treasury & Risk Management Software by IDC for both Enterprise & Midmarket.

Pre-Built Integrations

Integrates with 50+ ERPs, 10+ payment processors, and 100+ banks.

  • 50+ ERPs
  • 10+ Payment Processors
  • 100+ Banks

Order to Cash Platform

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Product Overview

The HighRadius Order to Cash Platform is an AI-powered suite that analyzes data to recommend data-driven decisions, streamline accounts receivable (AR) workflows, and automate routine tasks to prioritize high-value activities. It is designed to reduce Days Sales Outstanding (DSO) by 10% and improve productivity by 40%. The platform is trusted by over 1100 global businesses and is recognized as a leader in the Gartner Magic Quadrant for Invoice-to-Cash solutions.

Key Features

  • AI agents for data-driven recommendations and workflow automation
  • Collections Management
  • Credit Management
  • Cash Application Management
  • e-Invoicing Portal (EIPP)
  • Deductions Management
  • Analytics and Benchmarking
  • Self-service analytics and custom report building
  • Data as a Service (clean data via APIs)
  • Pre-built integrations with 50+ ERPs, 40+ credit agencies, and 100+ banks

Key Benefits

  • Reduce DSO by 10%
  • Improve productivity by 40%
  • 20% lower past dues
  • 30% increase in productivity (various modules)
  • Elimination of bank key-in fees
  • 30% improved net recovery rate
  • 50% improved invoicing productivity
  • Global e-invoicing mandate compliance
  • 70% faster customer onboarding
  • 30% reduction in blocked orders
  • 100% automated invoice delivery
  • 30% increased e-payments adoption
  • 2X more collection calls
  • 3X more collection emails
  • 10X more automated emails
  • 4X more past-due coverage
  • 90%+ item level hit rate
  • 40% faster exception handling
  • 90%+ claim backup aggregation
  • 2X more deductions resolved per day
  • 30% faster deductions resolution
  • 3X more credit reviews per day
Documentation
View Documentation
Who Is It For
  • Office of the CFO
  • Finance and AR teams at enterprises
  • Global businesses seeking to automate and optimize order-to-cash processes
Supporting Resources
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API Information
  • Data as a Service: Access clean data via APIs

LiveCube (No-Code AI Platform to Automate Data Analysis)

LiveCube allows users to build and use apps that automate data analysis for finance processes without coding. It integrates with various enterprise systems and provides pre-built apps for common finance use cases.

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Product Overview

LiveCube is a no-code platform with an Excel-like user interface connected to a cloud database capable of handling millions of records. It enables the Office of the CFO to collate data from ERPs, CRMs, TPMs, and Data warehouses, automating data analysis across the HighRadius Autonomous Finance platform.

Detailed Description

LiveCube allows users to build and use apps that automate data analysis for finance processes without coding. It integrates with various enterprise systems and provides pre-built apps for common finance use cases.

Key Features

  • No-code app creation and usage
  • Excel-like user interface
  • Cloud database backend
  • Integration with ERPs, CRMs, TPMs, Data Warehouses
  • Pre-built app library for high-volume transaction use cases
  • English language prompt support via FreedaGPT
  • Automated variance analysis, trade promotion matching, cash forecasting, scenario analysis, bank reconciliation, PO accruals, and more

Key Benefits

  • No-code platform: empowers business users to automate data analysis without IT/developer support
  • Excel-like interface: familiar and easy to use for finance professionals
  • Handles millions of records: scalable for enterprise data volumes
  • Connects to multiple data sources: ERPs, CRMs, TPMs, Data Warehouses
  • Automates complex finance processes and analysis
  • Pre-built app library for rapid deployment
  • Supports English language prompts for data collation and analysis
Use Cases
  • Order to Cash: Automated price variance analysis, trade promotion matching, compliance deductions research, collections worklist reprioritization
  • Treasury & Risk: Automated recurring cash forecasts, scenario analysis, cash flow variance analysis, forecast comparison, cash reconciliation
  • Record to Report: Bank reconciliation, PO accruals, cost allocation, travel & expense accrual, close & reconciliation tasks
Documentation
View Documentation
Who Is It For
  • Office of the CFO
  • Finance teams
  • Enterprises using ERPs, CRMs, TPMs, and Data Warehouses
  • Organizations seeking to automate financial data analysis
Detailed Sections
No-Code Platform for The Office of CFO

A no-code platform with an Excel-like User Interface connected to a cloud database capable of handling millions of records. LiveCube apps collate data from ERPs, CRMs, TPMs, and Data warehouses, among others, and automate data analysis across the HighRadius Autonomous Finance platform.

LiveCube 2.0
LiveCube Analysis via FreedaGPT

English language prompts to enable users to collate data from ERPs, TPMs, etc., and perform variance analysis through LiveCube Apps.

LiveCube App Library

Pre-built LiveCube apps for specific high-volume transaction use cases across the Autonomous Finance Platform.

  • Order to Cash: Automated Price Variance Analysis, Automated Trade Promotion Matching, Compliance Deductions Research, Collections Worklist Reprioritization
  • Treasury & Risk: Automated Recurring Cash Forecasts, Scenario Analysis, Cash Flow Variance Analysis, Forecast Comparison, Cash Reconciliation
  • Record to Report: Bank Reconciliation, PO Accruals, Cost Allocation, Travel & Expense Accrual
How to Get Started?

Our Product Expert will do a 1:1 session to explore the various Use Cases and provide a road map for execution.

Accounts Payable Platform

The HighRadius Accounts Payable Platform is an AI-powered suite designed to automate and optimize the accounts payable process. It provides touchless invoice processing, smart supplier communications, and compliance checks, delivering complete visibility and stronger supplier relationships. The platform is structured to reduce AP function costs, improve productivity, and enhance operational KPIs through automation and integration.

Added

Product Overview

AI Agents for touchless invoice processing, smart supplier communications, & compliance checks for complete visibility and stronger supplier relationships. Reduce AP function cost by 40%. Improve productivity by 40%.

Detailed Description

The HighRadius Accounts Payable Platform is an AI-powered suite designed to automate and optimize the accounts payable process. It provides touchless invoice processing, smart supplier communications, and compliance checks, delivering complete visibility and stronger supplier relationships. The platform is structured to reduce AP function costs, improve productivity, and enhance operational KPIs through automation and integration.

Key Features

  • AI agents for touchless invoice processing
  • Smart supplier communications
  • Compliance checks
  • Multi-format invoice data capture
  • Non-PO invoice processing
  • 3-way AP matching
  • Touchless matching and validation
  • Supplier onboarding
  • KYC/KYB checks
  • Order fulfillment and faster payments
  • Auto-reconcile supplier statements
  • Vendor payment initiation
  • Payment approval workflows
  • Payment monitoring
  • Payment fraud detection
  • Pre-built integrations into 50+ ERPs & systems

Key Benefits

  • Reduce AP function cost by 40%
  • Improve productivity by 40%
  • 2x supplier satisfaction
  • 95% on-time vendor payments
  • 30% savings on payment cost
  • 90% invoice automation
  • 80% invoices auto-coded
  • 98% early payment discount captured
  • 2x invoice processing cycle time
  • 100% supplier visibility
  • 70% supplier onboarding
  • 3x supplier queries
  • 99% payment success rate
  • 90% vendor payment centralization
  • 90% auto-detection of fraud & errors
Documentation
View Documentation
Who Is It For
  • Enterprises seeking to automate and optimize accounts payable processes
  • Finance teams and the Office of the CFO
  • Organizations aiming to improve supplier relationships and payment efficiency
Detailed Sections
Accounts Payable Suite

AI Agents for touchless invoice processing, smart supplier communications, & compliance checks for complete visibility and stronger supplier relationships. Reduce AP function cost by 40%. Improve productivity by 40%.

  • Reduce AP function cost by 40%
  • Improve productivity by 40%
AP Automation

Automate invoice capture, processing, matching, and validation for touchless AP operations.

  • Email invoice capture
  • Multi-format invoice data capture
  • AP email inbox
  • Non-PO invoice processing
  • 3-way AP matching
  • Consolidated AP inbox
  • Non-PO GL coding
  • Touchless matching and validation
Supplier Portal

Enable seamless supplier onboarding, KYC/KYB checks, order fulfillment, and auto-reconciliation of supplier statements.

  • Seamless supplier onboarding
  • KYC/KYB check
  • Order fulfillment for faster payments and improved cashflow
  • Portal invoice upload
  • Auto-reconcile supplier statements
Vendor Payments

Initiate, approve, monitor, and secure vendor payments with fraud detection.

  • Vendor payment initiation
  • Payment approval
  • Payment monitoring
  • Payment fraud detection
Guaranteed Operational KPI Improvements - Not AI Hype

Operational KPIs and business outcomes for AP Automation, Supplier Portal, and Vendor Payments.

  • 40% AP function cost
  • 20% annualized early payment ROI
  • 2x supplier satisfaction
  • 40% productivity
  • 95% on-time vendor payments
  • 30% savings on payment cost
  • 90% invoice automation
  • 80% invoices auto-coded
  • 98% early payment discount captured
  • 2x invoice processing cycle time
  • 100% supplier visibility
  • 70% supplier onboarding
  • 3x supplier queries
  • 99% payment success rate
  • 90% vendor payment centralization
  • 90% auto-detection of fraud & errors
Pre-Built Integrations Into 50+ ERPs & Systems

The platform offers pre-built integrations with over 50 ERPs and systems for seamless data flow.

  • Pre-built integrations into 50+ ERPs & systems
Supporting Resources
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