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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user-friendly, automate and interface to banks and our ERP system seamlessly
Very robust and scalable. CPW or Daily Cash Positioning reduced daily work by 75% (2.5 hours). AI Cash Forecasting both capture historical cash flows in right categories and calculating daily net cash flow and loan balances plus dynamic forecasting using AI have improved cash forecasting by 25% and reduced cash volatility by 20%.
1. different implement and maintenance team 2. to maintain and keep the program updated 3. time span of viewing; need longer period backwards and upwards
Only major thing is the need to work with HighRadius every time we add a new bank to AI Treasury. Was hoping our Treasury can handle the configuration by itself via simplified configuration for users.