CASH APPLICATION SOFTWARE BY HIGHRADIUS
Leverage HighRadius Cash Application AI agents to aggregate remittances, match payments, and handle exceptions with 90%+ accuracy – automatically.
Trusted By 1100+ Finance Teams Globally
Apply Cash with 90% Accuracy With
Automated Cash Application
Let NLP handle the heavy lifting by capturing remittance details from emails and check images, then seamlessly matching them with bank payments.
Automate 90%+ of Emails & Check Capture
Use multiple OCR engines to read from check images.
Process unstructured remittances by identifying patterns.
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Auto-fetch remittance data from customer websites and 100+ AP portals using bots and APIs. Use AI to read downloaded Excel/PDFs from customer websites.
Automate Remittance Capture From Portals
Pull key remittance data fast.
Out-of-the-box robotic process automation for 100+ AP portals.
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When payments and remittances arrive separately, our software automatically links and processes them. Using smart algorithms to match details like customer numbers and invoice amounts, we ensure every payment is accurately applied.
Use pre-built algorithms to recognize bank info and payer names.
Pair invoices with remittances, even if the invoice numbers are partial.
Match remittances to payments, even if received days apart.
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When remittance information is missing, our AI steps in to suggest possible matches or emails customers for the details. It’s a time-saving solution that automates the most tedious parts of cash application, letting your analysts focus on more critical tasks.
Predict remittance details from past payment patterns.
Achieve 2X exception productivity.
Auto-assign exception payments to an analyst’s worklist.
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Automated Cash Application software identifies why customers short-pay invoices and matches them to ERP reason codes. Even low-dollar disputes and discounts are automatically posted and written off, streamlining your accounts receivable process.
Handle 20+ discount scenarios.
Uses a pre-built reason code library to translate into ERP-specific codes.
Direct small deductions, FX, and bank fees to specific GL accounts.
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Connect with 75+ global banks. Whether it’s lockbox images, BAI2 files, or EDI/MT940 formats, our system automatically pulls and processes payment and remittance information, making sure nothing slips through the cracks.
Extract amounts, dates, and references from bank statements
Auto-extract remittance info from lockbox check images
Use ML to capture remittance details from European statement notes
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Traditional AI automates tasks, but with HighRadius AI Agents for Finance, you can make finance truly “autonomous”.
It doesn’t just follow rules — it thinks, learns, and acts.
AI agents that continuously improve by learning from real-time data—ensuring greater accuracy and smarter decisions over time.
Forecasting and financial workflows run on autopilot, drastically reducing manual effort and freeing up you team’s bandwidth for strategic work.
From debt collection to credit risk mitigation, HighRadius AI Agents delivers touchless execution across the entire order-to-cash cycle.
See how global enterprises leverage Agentic AI to reduce DSO, improve cash flow forecasting accuracy, and cut operational costs.
See how companies like Ferrero, P&G, Duracell, and Many more are optimizing working capital by 20% while Saving Over $100k in costs.
You Can Too!
300+
30%
100%
Voted #1 leader in Autonomous finance solutions for the Office of CFO by industry analysts.
Awarded for excellence, built for your success. Experience the best in action.
2 Years in a Row
Forrester Recognizes HighRadius
AR Invoice Automation Landscape Report
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Roxane Gray
Senior Director of Financial Operations
With HighRadius, we’ve achieved significant savings, but the greatest value has been transforming the perception of our A/R team from being perceived as back-office personnel to revenue enablers as we now partner with sales for revenue growth.
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Carolyn Etress
Director of Accounts Receivables
HighRadius has the cash application cloud that goes beyond what the banks and traditional ERP programs do, to support faster payments processing.
Read Case Study
Streamline your vendor selection with our free Cash Application RFP template—designed to help you evaluate solutions efficiently
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Build a compelling business case for Cash Application automation with our free, customizable template tailored for AR leaders.
Download NowWhether you’re a growing business or an enterprise organization, HighRadius offers flexible pricing options tailored to your needs.
Have a specific need? Get a tailored quote for your B2B finance team.
Cash Application Automation software simplifies the process of three-way matching with remittances, payments, and invoices. It uses technologies like artificial intelligence and machine learning to automate this process.
The cash application software improves cash flow management, reduces processing time, and enhances accuracy, making it a valuable tool for businesses.
Ans: Yes, the Cash Application software seamlessly integrates with your ERP and supports API integration for other financial management systems. For low-volume ERP data imports, it also supports Excel and CSV formats, enabling easy extraction of accounts receivables.
