Lockbox Automation Software for SAP

Forget incomplete data key-in, unusable lockbox file format and expensive lockbox fees. With lockbox automation system:
  • Eliminate 100% Lockbox Key-In Fees
  • Achieve 95% Zero-Touch Cash Posting for Checks
  • AI-Enabled Data Capture for Check Payments

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Save Lockbox Key-In Fees | See How

AI-Based Capture of Check Remittances

Save 100% lockbox fees by accurately capturing check remittance data. Leverage AI-based multi-OCR engines to capture noise-free check remittances.

Faster Exception Handling for Check Payments

Cash Application Cloud leverages AI technology to automatically suggest reference numbers that were not captured due to poor check image quality.

Automated Invoice Matching & Deduction Coding

Auto-match payments to invoices even in the most complex business scenarios such as parent-child relationships, installments. Automatically map customer reason codes to ERP-specific reason codes.

Automated Cash Posting to ERP

Cash Application Cloud automatically posts payments to ERP without any manual intervention. Your analysts no longer need to manually reconfigure lockbox files.

Why You Should Trust HighRadius

Ranked #1 Global Automation Leader

IDC MarketScape positions HighRadius as Leader in Worldwide SaaS and Cloud-Enabled Accounts Receivable Applications

Declared Leader
IDC MarketScape for Order to Cash SaaS

HighRadius is Named to the 2020 Forbes Cloud 100  List

Forbes Cloud 100
Recognized as a top cloud leader in Fintech

CB Insights Recognizes HighRadius on 2020 Fintech 250 List of Fastest-Growing Startups

Top 250 Fintech
Selected from 16,000+Global Fintech Companies

Achieve up to 95% Straight-Through Cash Posting

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Why you should trust HighRadius

Hear it directly from our customers

Laurent Gueritaine

Laurent Gueritaine

Global Process Owner, Customer Invoicing to Cash

“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

Jacob Whetstone

Director, Credit & Accounts Receivable

“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

Rebecca Cassel

Director Operational Compliance-AR/ Collection

“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.”

There's no time like the present

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