HighRadius Accelerators Achieve Certified Integration with SAP® Applications on SAP S/4HANA®
Built on top of the SAP NetWeaver® platform in ABAP® code, the HighRadius Accelerators leverage and extend the functionality of SAP ERP Financials for receivables management
Houston, Texas – July 28, 2016 – HighRadius today announced that its Advanced Correspondence Accelerator and Dispute & Collections Accelerator 1.0 solutions have achieved certified integration with SAP® applications on SAP S/4HANA®. The solutions have been proven to integrate with SAP solutions, providing enhanced credit and collections management, and integration of AR and dispute resolution into bill and invoicing processes. This integration helps significantly increase efficiency and productivity and reduce open deductions and write-offs, as it improves days sales outstanding (DSO). HighRadius is one of the first partners and software solution providers in the market to integrate its solutions with SAP S/4HANA.
The SAP Integration and Certification Center (SAP ICC) has certified that the HighRadius Advanced Correspondence Accelerator 1.0 and Dispute & Collections Accelerator 1.0 integrate with the SAP S/4HANA on-premise edition to exchange critical data with instances of SAP Business Suite software. Customers are able to leverage the HighRadius solutions to keep customization to a minimum and significantly reduce the project risk from a budget and timeline overflow standpoint.
“We are delighted to announce the successful achievement of SAP certification for the Advanced Correspondence Accelerator and Dispute & Collections Accelerator,” said Sashi Narahari, CEO of HighRadius. “The ability of HighRadius to leverage the business potential of assets provided by solutions from SAP will prove highly beneficial to current and future customer engagements. We’ve been certifying our solutions for SAP for more than six years. We are delighted that our accelerators provide real-time data integration and lower total cost of ownership than custom-developed applications or point solutions that are not native to SAP software.”
As a result of the certified integration, HighRadius continues to enhance the functionality for receivables management in the SAP ERP Financials solution, and the accelerator modules are fully integrated natively into the SAP software. The accelerators fully automate repetitive, manual tasks and provide easy, real-time access to required data, with a collaboration platform for managing input from cross-departmental stakeholders, and pre-configured workflows. The solution includes out-of-the-box templates for processes such as full invoice shortage, pricing, returns and shortages. Managers will be able to monitor real-time performance and proactively manage bottlenecks.
HighRadius provides Financial Supply Chain Management (FSCM) software solutions to optimize receivables and payments functions such as credit, collections, cash application, deductions and eBilling. HighRadius Receivables Cloud and Payments Cloud solution suites are delivered as software-as-a-service (SaaS) in the cloud to automate the entire credit-to-cash cycle. HighRadius SAP-certified accelerators for receivables management help large enterprises to achieve advanced business transformation initiatives and leverage their SAP investments with lower TCO. HighRadius solutions have a proven track record of reducing days sales outstanding (DSO), bad debt and increasing operation efficiency, helping companies to achieve an ROI in a few months. For more information please visit www.highradius.com.
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