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: Key Features

Automated Email Remittance Capture

AI-enabled accurate remittance data capture of all file formats and languages from the email body & attachments

Discounts and Deductions Handling

Identify deductions at the source based on short/over payments & assign ERP-specific reason codes as per chosen parameters

Check Remittance Capture

The Multi-OCR Engine auto-captures accurate remittance data from check stubs with template agnostic technology

Web Remittance Capture

Web robots to log in, navigate, and capture remittance data from customer portals and popular A/P networks

Invoice Matching

Match payments automatically to invoices under any scenario such as parent-child relationships, pre-payments & more

RDC and Mobile Payments

Faster cash reconciliation by scanning checks and check-stubs using scanner or mobile apps for remote deposit in banks

Be a part of the 200+ Fortune 1000 Clientele

Get a Live Demo of Cash Application for Your Business Today

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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."