Overview
Product Information on HighRadius Accounts Receivable Software
What is HighRadius Accounts Receivable Software?
HighRadius Accounts Receivable Software Pricing
Overall experience with HighRadius Accounts Receivable Software
“High Radius delivers solid functionality, however improvements in Analytics accuracy , support depth, and cross team alignment are needed to fully realize its Value.”
“Production Updates Lacking for Items Resolved in UAT and Planning Period”
Badges
Invoice-to-Cash Applications
About Company
Company Description
HighRadius is a company that specializes in developing autonomous software solutions primarily targeted towards the Office of the CFO. The company's core product is a cloud-based autonomous platform that is data-driven and has the ability to change its behavior based on transient transactional data. This software can efficiently digitize order-to-cash, treasury, and record-to-report processes, featuring modern capabilities like artificial intelligence, robotic process automation, natural language processing, and no-code platforms. HighRadius's unique proposition combines the functionality of an application software vendor with a middleware platform for AI or RPA, thereby delivering measurable business outcomes, including DSO reduction, working capital optimization, bad-debt reduction, reduced month-end close timelines, and improved productivity in under six months.
Company Details
Do You Manage Peer Insights at HighRadius?
Access Vendor Portal to update and manage your profile.
Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
User Sentiment About HighRadius Accounts Receivable Software
Reviewer Insights for: HighRadius Accounts Receivable Software
Deciding Factors: HighRadius Accounts Receivable Software Vs. Market Average
Performance of HighRadius Accounts Receivable Software Across Market Features
HighRadius Accounts Receivable Software Likes & Dislikes
Comprehensive Order to Cash module coverage Strong Automation capabilities Robust functionality of daily and high-volume operations Strong product Leadership and partnership: Product Leadership has been exceptional. His deep product knowledge and understanding of client needs significantly enhance collaboration and outcomes.
Collections Module - AI Worklist
The product is intuitive and easy to learn, requiring no specialized expertise to navigate through its modules efficiently. On the rare occasions we have encountered issues, the service team has been exceptionally prompt and responsive in providing effective resolutions.
1) Analytics accuracy and Transparency: Item level Analytics, particularly in the Cash App module require improvement. The current Analytics often underrepresent actual progress., which can negatively impact product quality and also impact client credit without providing actionable insight. For example, Item Analytics for us showed 50% in High Radius, whereas our internal assessment was closer to 86%. Enhancing Analytics through more meaningful groupings, clearer visibility into true progress and explicit explanations where progress is limited would help distinguish product limitations from client business model constraints. This would enable clients to set realistic explanations to address process gaps rather than perceiving the issue as a product deficiency. propose to improve analytics by adding necessary groupings and make it visible to client on what is the real progress and where it doesn't feel like progress show the reasons. That way it won't feel like a product issue but a client business model issue. That helps client to either set realistic expectations or to fix their process. 2) Inconsistent quality of Production Support: Support Responses often lack deep troubleshooting and assume limited user knowledge, leading to unnecessary back and forth and delayed resolution of legitimate defects. 3)Limited continuity and product familiarity in support and consulting Teams: Support & consultants are not always sufficiently familiar with our specific business use case requiring us to repeatedly explain configuration and workflows. During implementations, proposed designs sometimes do not fully align with Product capabilities
1. Currently, the Collections module does not work for companies (users) that do not contact the customer directly. 2. Some items that were discussed/resolved during UAT and planning period were not updated properly in Production. 3.Tracker items that impact our current processes and ideal security practices
While the product offers strong functionality overall, there are a few areas where improvements would enhance usability and efficiency: Integration Timing - System integrations currently operate through batch processing rather than real-time updates, which can delay data synchronization across platforms. Email Management - The email inbox requires manual monitoring to associate responses with the correct customer accounts, adding extra administration effort. Documentation Limitations - Users are unable to attach supporting documents within the cash application module to record non-AR invoice deposits, limiting documentation accuracy.
Top HighRadius Accounts Receivable Software Alternatives
Peer Discussions
HighRadius Accounts Receivable Software Reviews and Ratings
- Operations Manager1B-10B USDFinance (non-banking)Review Source
High Radius delivers solid functionality, however improvements in Analytics accuracy , support depth, and cross team alignment are needed to fully realize its Value.
Overall, our experience has been positive, and product supports our automation objectives well. However, gaps in Analytics accuracy, inconsistent depth of prod support and occasional misalignment between consulting and product teams impact the overall experience. Recent engagement with a knowledgeable Technical Manager has been positive improvement. - Director of FinanceGov't/PS/EdEducationReview Source
Email Communication Efficiency Improves Significantly With Reduced Follow-Up Requirements
Purchasing this software has been transformative for our team. We now reach 99% of our customers through email communications, and follow-up actions related to collections have dropped from 98% to 1%. Requests for invoice copies have nearly been eliminated. The entire High Radius team - from Sales and Implementation to Post-implementation Support - has provided exceptional service at every stage. - DIRECTOR OF FINANCIAL OPERATIONS50M-1B USDSoftwareReview Source
Tackling Aged Receivables with High Radius' Automated Dunning Services
Overall, our experience with implementing High Radius' Autonomous Receivables has been positive. The implementation team was a pleasure to work with and was very hands on with us walking through the nuances of our billing process to ensure the information that flows to High Radius is accurate and can be worked the way WE want to work. The implementation itself is quite a process and requires dedication from both sides to ensure a smooth start. - Chief Financial Officer50M-1B USDConstructionReview Source
Consistent Value Achieved Post Go-Live With Active Customer Service Engagement
We use the Collections, Cash Application and Invoice Delivery modules. Our experience has been extremely enjoyable and we have attained the expected value from the product. The sales team was not pushy and gave us the right level of attention as we went through our due diligence process. The implementation team was extremely knowledgeable about the product. They were able to find creative solutions to scenarios which are specific to our business needs. They were extremely patient with our team throughout the UAT process which was a big reason our team was comfortable using the platform post go-live. The implementation was completed on time with minimal post go-live issues. Since implementing the platform, we have consistently attained the ROI metrics we set when making the purchase decision. On-going support needs are addressed in a timely manner and in most cases without the need for back-and-forth communication with the support staff. In our experience, the customer service team is active in ensuring we continue to get value from the platform and incremental improvements in our key success metrics. - SR. MANAGER, FINANCE CENTER OF EXCELLENC1B-10B USDConsumer GoodsReview Source
Strong implementation methodology with a proven solution for Cash Application and Deductions Management
The quality of the implementation team has been high, they have been extremely responsive as issues and challenges arise, and have worked as a valued partner throughout the engagement.



