Autonomous Receivables Solutions for Staffing Companies

An end-to-end, A/R automation software addressing the specific needs of staffing companies such as:

  • Complex 3-way matching in cash application for high volume of incoming payments
  • Integrating with Vendor Management Systems(VMS) for remittance(timesheet) capture
  • Automatically prioritizing diverse portfolios to ensure faster receivables recovery

Learn how Employbridge, a leading staffing company achieved 80% automated cash posting with HighRadius

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Overview of Autonomous Receivables Solutions for Staffing Companies

Cash Application
Cash Application
  • 95% auto-cash posting for high volume of payments
  • Simplified 3-way matching between remittance, open A/R and payment file
  • Auto-capture of remittances from emails, Vendor Management Systems(VMS)
Collections
Collections
  • AI-based prioritization for small & large customers
  • 100% automated dunning via emails, web portals
EIPP
EIPP
  • 70% Lower Invoicing Costs
  • Automatically generate & deliver bulk invoices via emails, fax, EDIs, web portals
  • Ready-to-use configurable invoice templates

Other Autonomous Receivables Solutions

Explore How We Solve Your Business Challenges

Automated Three-Way Matching for a High Volume of Incoming Payments

With Cash Application Software, automatically integrate with the Vendor Management System to extract the remittances. Pull the open invoices from the ERP system to automatically offset the cash with the payment file received from the bank for a successful 3-way match.

Faster Receivables Recovery with AI-Based Collections Worklist Prioritization

Auto-prioritize high-risk customers with an AI-based prioritized collections worklist. Automatically predict when the customer is going to pay next and apply a specific collections strategy with AI-based recommendations to ensure 75% faster recovery of past-due invoices.

100% Automated Dunning for Customer Portfolios Across the Globe

Automatically send dunning letters to customers via emails, fax or auto-push them to AP portals and accounting systems. With 100s of predefined dunning templates, select, edit and send correspondences automatically. Consolidate customer’s email responses to avoid switching platforms.

Automated Generation & Delivery of Invoices via Emails, Fax, EDIs, Web Portals

Reduce 70% paper-based invoicing costs by automatically generating and delivering bulk invoices via emails, fax, postal mail or uploading them to AP portals. Choose from predefined invoice templates or customize them based on branding requirements.

Industry Partners

We Partner With Top BPOs and Consulting Companies, Banks and Integrate with the Renowned Vendor Management Systems to Support & Simplify Your A/R Digital Transformation.

BPO & Consulting Partners

BPO & Consulting Partners

Banking Partners

Banking Partners

Vendor Management System Integrations

Vendor Management System Integrations

Customer Success Stories

EmployBridge
Express Services
Leading Staffing Company
EmployBridge
100%
Savings in Lockbox Key-In Fees
80%
Automated Cash Application

"We were able to achieve our hit rate for cash application. A nice reduction in our outsourcing costs, a nice reduction in bank fees - cash savings. We implemented cloud based software as a service. And again that being HighRadius’ core system."

Jason Herrington
Jason Herrington

Former VP, AR, Credit & Collections

Express Services
84k
Savings In Annual Lockbox Fees
85%
Automation for Checks and ACH

"The choice was between using technology versus throwing people at cash application. We chose the former for better results at lower costs."

Angela Richards

Accounts Receivable Director

Leading Staffing Company
$1M
Savings with DSO Reduction
56%
Automated Cash Application

Learn How A Leading Staffing Company Reduced Days Sales Outstanding(DSO) from 368 Days to 51 Days Within a Year with HighRadius A/R Automation.

Industry Insights

eBook

11 Top-Performing Collections Email Templates

Read eBook
Blog

How EmployBridge Transformed their O2C Cycle

Read blog
Webinar

Is Cash Application Possible without a Complex 3-Way Match?

View Webinar

Address Your Unique A/R Challenges with HighRadius

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