HighRadius Recognized as the Only Digital World Class® Vendor in Both Credit and Billing by The Hackett Group®

For the second time in a row, HighRadius has held its position as a leader in the matrix for Customer-to-Cash (C2C) Receivables.

Houston, TX—June 21, 2024—HighRadius, the leading provider of the Autonomous Finance Platform for the Office of the CFO, today announced that it has been rated highest in value realization and furthest in capability by The Hackett Group. As a leading provider of Credit Management and Customer Billing/EIPP, HighRadius has secured a leading position in the new Digital World Class Matrix™ for Customer-to-Cash (C2C) Receivables Creation Software.

The Hackett Group is a leading global strategy and operations consulting firm with expertise in performance benchmarking and business process reengineering. Their Digital World Class Matrix™ analysis identifies the software providers delivering true client value from implementation to steady state operations.

HighRadius was measured against 12 competitors and ranked as Digital World Class® in the Credit Management and Billing matrix. The report is available here.

Digital World Class companies successfully deliver top-tier business value and operational excellence. The report showcases this excellence by benchmarking the “real” value created through reduced cost, increased productivity, accelerated cash flow, and delighted customers. According to The Hackett Group’s report, HighRadius’ software:

• Enables 45+ integrations with credit agencies, financials, and news feeds
• Includes multiple credit scoring models, customer and risk categorization, and statistical modeling
• Includes 150+ payment methods, payment schedules, payment installments, and disputes
• Allows Level III interchange optimization to process cards at the lowest possible interchange rates

The report further states, "HighRadius software portfolio delivers excellence in multiple C2C processes. Credit manager users are enabled with detailed dashboards and credit history audit trails. HighRadius provides strong service support to drive adoption in EIPP and a user community that enhances the skills of credit analysts.”

HighRadius’ Chief Business Officer, Greg McStravick, expressed his pride in the team's achievement: “Autonomous C2C platforms with AI are disrupting traditional SaaS. Proof point is the significant improvement in measurable value creation. We believe our maniacal focus on value has been a significant driver in elevating us to the top position in The Hackett Group's Digital World Class Matrix™. It will be our ongoing responsibility to keep innovating and striving for ROI excellence."

About HighRadius

HighRadius offers cloud-based autonomous software designed to revolutionize the office of the CFO. Leveraging AI, RPA, NLP, and connected workspaces, HighRadius’s software automates and optimizes Order-to-Cash, Treasury, Record-to-Report, B2B Payments, and Accounts Payable processes. With 2700+ implementations across 1,000 leading companies, including 3M, Unilever, and Hershey's, HighRadius enables finance teams to achieve operational excellence and measurable business outcomes, enhancing productivity and reducing operational costs, all within six months.

For more information, visit HighRadius’ Website.

Media Contact:

HighRadius Communications Team

press@highradius.com