AI-Based Automation in A/R Cash Application Process
- More than 95% Straight-Through Cash Posting all Payment & Remittances
- Save 100% Lockbox Key-In Fees
- Automate Deduction Coding
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Trusted by 200+ Global 2000 Companies
How to Create a Difference with Cash Application Automation Solution
AI-Based Invoice Matching
Auto-match payments to invoices even in the most complex business scenarios such as parent-child relationships, installments, matching by non-invoice reference numbers
Auto-Capture Remittance Data
Automatically aggregate remittance data across emails(body and attachments), EDIs, customer web portals. Extract remittance information across all standard file formats including PDF, JPEG, PNG, XML.
Automate Deduction Coding
Automatically identify & validate deductions and discounts. Your analysts no longer need to manually map customer reason codes to ERP-specific reasons codes.
Predict Remittances in No Remittance Scenarios
Predict invoices for missing remittances using AI. Additionally, enable customers to submit remittances through the portal or enable your collectors to create remittances while speaking with customers
RDC and Mobile Payments
Faster cash reconciliation by scanning checks and check-stubs using scanner or mobile apps for remote deposit in banks
Why You Should Trust HighRadius
Ranked #1 Global Automation Leader
Declared Leader
IDC MarketScape for Order to Cash SaaS
Forbes Cloud 100
Recognized as a top cloud leader in Fintech
Top 250 Fintech
Selected from 16,000+Global Fintech Companies
Why you should trust HighRadius
Hear it directly from our customers
Laurent Gueritaine
“The team was ending 300 on average on the week, 385 wire transfers manually and with HighRadius, this went down to 128. And effectively we are able to remove 50% of the workload and operation.”
Jacob Whetstone
“We handle all the credit evaluation, cash application, collections, and deductions management within our shared services department in North America. Most of these operations were processed in-house and had a high manual intervention.”
Rebecca Cassel
“We were able to combine a number of departments where it takes an entire department to apply cash. We now have one person applying cash, and it doesn’t even take a full day.”
