HighRadius Attains Gold Partner Status with SAP®

SAP^® has officially granted HighRadius a Gold Partner status after meeting various requirements. HOUSTON, TX – November 13, 2013 – HighRadius, a leading provider of Financial Supply Chain Management (FSCM) solutions, is proud to announce their achievement of a gold status partnership with SAP. HighRadius has developed applications that extend and add value to the SAP Receivables Management modules, including both value-added and complementary software solutions based on SAP technologies. SAP Gold Partners are recognized by the SAP PartnerEdge program as experts who deliver value-added solutions & services to SAP customers across the entire lifecycle of activities such as sales, education, implementations & support. HighRadius is the only niche provider of solutions for SAP Receivables Management modules with the most number of deployments since the release of these modules by SAP in 2001. HighRadius is highly specialized in their expertise on SAP Receivables Management (formerly Financial Supply Chain Management) and offers implementation and optimization services for these modules. These integrated solutions are the preferred option of corporate credit departments whose companies run SAP. With the knowledge from numerous implementations at Fortune 1000 clients across various industries, HighRadius has developed a unique methodology for assessing and rapidly deploying SAP Receivables Management modules on time and on budget with a strong track record of meeting aggressive ROI objectives. HighRadius also offers solutions to extend the SAP Receivables Management functionality. These solutions are built on top of the SAP Netweaver platform in ABAP code as well as on the cloud and enhance the functionality of SAP. HighRadius Accelerators play a critical role in business transformation initiatives requiring a strong ROI. This keeps customization to a minimum and significantly reduces the risk to the project’s budget and timeline. The solutions available include:

• Credit Decision Accelerator for SAP Credit Management
• Collections & Dispute Accelerator for SAP Collections and Dispute Management
• Advanced Correspondence Automation for SAP Credit, Collections, and/or Dispute Management
• Cash Application Automation for SAP
• Credit card payments

Sashi Narahari, the President and CEO of HighRadius, added, “We are very excited to achieve SAP’s Gold Partner status. This milestone truly reinforces our partnership alignment and commitment to SAP’s eco-system. We look forward to an ever-expanding partnership with SAP as a software solution gold status technology partner for both current and future customers.” About SAP SAP AG is engaged in enterprise applications in terms of software and software-related service revenue. The Company’s core business is selling licenses for software solutions and related services to deliver a range of choices fitting the varying functional needs of its customers. Its solutions cover business applications and technologies, as well as specific industry applications. In-memory technology across its data management offerings enables customers to access the data, which they need, where they need it, when they need it. The Company is structured along Technology & Innovation Platform, Products & Solutions, Global Customer Operations, Chief Operations Office, Global Finance & Administration, Human Resources, and On Device & Sybase. About HighRadius HighRadius provides software solutions that optimize Credit-to-Cash cycles across functions such as credit, collections, cash application, deductions, invoice presentment and payments. HighRadius Receivables OnDemand suite automates the entire credit-to-cash cycle and is delivered as software-as-a-service (SaaS) in the cloud. HighRadius Payments OnDemand suite is a cloud-based PCI-DSS compliant solution that enables companies to accept credit card payments into SAP. HighRadius Accelerators for SAP Receivables Management enable large enterprises to quickly deploy and optimize standard functionality as well as leverage their SAP investment with lower TCO. HighRadius’ solutions have a proven track record of reducing days sales outstanding (DSO), bad debt and increasing operation efficiency enabling companies to achieve an ROI in few months.

SAP, SAP NetWeaver and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.

For More Information Contact: Tara Gallagher tara.gallagher@highradius.com