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Accounts Receivable is the largest or the second-largest asset (in fact, it accounts for 40%, on average, of all the assets by value) on the balance sheets of most companies and the financial health of a business depends on how well this asset is managed. As a result, receivables and collections management is increasingly becoming important for businesses. Businesses need to find an optimal balance in their receivables and collections management policy; as a stringent receivables and collections policy could lead to loss of future sales while a lenient policy could place the asset at risk. Consequently, it is becoming imperative for businesses to use intelligent software systems that can support processes in finding this optimal balance.

 

HighRadius provides software solutions for Financial Supply Chain Management (FSCM). Our solutions help businesses optimize the order-to-cash cycle by automating the processes in their receivables functions such as credit, collections and deductions management. HighRadius offers its solutions through a unique delivery model that covers the entire solution life cycle, without requiring independent enterprise software deployment or operation. Our solutions have a proven track record in helping businesses improve their financial performance and better the KPIs of their receivables function. Our solutions help businesses lower their days sales outstanding (DSO), reduce bad-debt write-offs and still keep the operational costs low.

 

We, at HighRadius, firmly believe that the choice of a deployment model should be driven by the requirements of the business and not the other way round. Therefore, our solutions are offered via two deployment models:

 

  • On-Demand ReceivablesRadius
    Deployed in the cloud and available as a service that can be accessed from a web browser
  • Solutions for SAP FSCM
    Deployed in the SAP NetWeaver environment and available as plug-ins to SAP FSCM, extending its core functionality