Cash Application Automation Solution

Lower manual effort and operating costs spent with accurate, same-day, on-invoice cash posting and no lockbox fees.
  • 95% Zero-Touch Cash Posting for Checks, ACH, Cards
  • Eliminate 100% of Lockbox Key-In Fees
  • Artificial Intelligence-Enabled Data Capture

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Cash Application Cloud: Features

Automated Email Remittance Capture

Identifies and pulls all remittance details from emails and attachments using AI-enabled technology to ensure accurate data capture across all remittance file formats and languages.

Discounts and Deductions Handling

Identifies deductions at the source based on short-payments or over-payments. Assign ERP-specific reason codes based on chosen parameters.

Check Remittance Capture

Auto capture remittance from check stubs with template-agnostic technology.

Web Remittance Capture

Web robots log in, navigate, and capture remittance information from customer portals and popular Accounts Payable networks with the help of Robot Processing Automation.

Invoice Matching

Automatically matches payments to invoices even in the most complex scenarios across industries including complex parent-child relationships, pre-payments, installments, and matching by non-invoice reference numbers.

RDC and Mobile Payments

Applies cash directly for checks by directly submitting to office location through RDC machines or scanned via mobile apps.

There's no time like the present

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80%+

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Cash Processing Rate
90 Days Implementation

20%

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Increase in Automated
Processing Rate

62%

HighRadius Customer: Employbridge

Reduction in headcount
from 34 to 13 FTEs

Carolyn

Carolyn Etress

Director of Accounts Receivable
EBSCO
HighRadius Cash Application Cloud goes beyond what banks and traditional ERP programs do to support faster payments processing.

Jason Herrington

Director of A/P & A/R
EmployBridge
HighRadius technology is evolved and not antiquated like other industry competitors.

Mike Pettyjohn

Head of Accounts Receivable, Finance Business Services
Danone
The HighRadius team is excellent and I am excited about our ongoing partnership using the Integrated Receivables platform.