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.
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Certainly the customer support service. Any issues we've had with ERP integrations and/or bank connectors have been resolved quickly and any modifications have been implemented quickly. They are responsive and the team in knowledgable on their product and how it interacts with our ERP. They offer a suite of custom forecasting models that allow you to generate and fact check your own forecasts.
The software saves our team a lot of time on direct method cash forecasting
Ease of use. Improving accuracy with the passage of time as the AI has more actual data to work with.
The main weakness is perhaps the clunkiness of the UI. At times, the web app may be slow or get stuck on a screen. Though this is usually not an issue, more an improvement that I am sure the HR team is working on.
Can't really think of anything but we only use the cash forecasting tool.
I don't really see any weaknesses with this product.