Lockbox Automation Software for SAP

Forget incomplete data key-in, unusable lockbox file format and highly charged lockbox fees
  • Eliminate 100% of Lockbox Key-In Fees
  • Achieve 95% Zero-Touch Cash Posting for Checks, ACH, Cards
  • AI-Enabled Data Capture

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Lockbox & Cash Application Automation Software: Key Features

Check Remittance Capture

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

Remote Deposit Capture
(RDC)

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

Email Remittance Capture

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

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

Discounts and Deductions Handling

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

There’s no time like the present

Get a Live Demo of Cash Application for Your Business Today

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$84,000

express

Lockbox savings annually

100%

danone-round-logo

Zero Touch Cash Posting Across
US and Canada

240,000

ebsco

Invoices applied automatically from 35,000 customers

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."