November 19, 2014

HighRadius Announced the Launch of their Next Generation of Cash Application Technology Powered by Artificial Intelligence

HighRadius showcased their latest solution for cash application automation that uses Artificial Intelligence-enabled technology HOUSTON – November 19, 2014 – HighRadius, a leading provider of accounts receivable software solutions, host webinar on November 13th to announce their newest product on the next generation of cash application technology powered by artificial intelligence. This webinar featured Jay Tchakarov, the Director of Product Management at HighRadius, discussing the latest technological advances in machine learning and artificial intelligence as they relate to applying cash. This new technology will not only help with the extraction of remittance data from various sources but also with full processing of payments. In this webinar, attendees learned how to: • Achieve 90%+ productivity gains in cash application processing using Artificial Intelligence • Realize quick value and go-live with minimal IT involvement • Continuously improve automation levels with an intelligent, learning system • Eliminate project risk by using value stream analysis to identify key requirements “We are excited to bring to market an entirely new generation of cash application technology. Automating payment processing, a repetitive, manual, low value activity, has always been a huge win for our customers,” said Sashi Narahari, CEO and President of HighRadius. “With our new product we are able, for the first time, to leverage recent advances in artificial intelligence and machine learning to enable previously unseen levels of automation and to achieve them at a fraction of the time and cost it took with previous, template-based solutions.” If you are interested in viewing this webinar, click to download. About HighRadius HighRadius improves corporate accounts receivables results by modernizing and streamlining order to cash operations. The company’s cloud-based solutions for managing accounts receivable functions of credit, cash application, customer deductions, and collections and certified solutions and services for SAP Receivables Management are trusted by some of world’s most recognizable brand names. Founded in 2006, HighRadius is based in Houston, Texas and is consistently named one of the city’s fastest growing technology companies. For more information please visit www.highradius.com. For More Information Contact: Tara Gallagher Marketing Manager tara.gallagher@highradius.com 281-972-2101
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HighRadius Cash Application Software enables the end-to-end automation of the cash application process that covers major benefits such as AI-enabled data capture for remittances, auto-linking of payments with open invoices, cost-cutting on lockbox fees, and easy compatibility with any system due to its ERP-agnostic Saas infrastructure. Apart from the major benefits that it has, there are some key features that can not be missed out, some of them are Email Remittance capture, Discounts and Deductions Handling, Check Remittance Capture, Web Remittance Capture, Invoice Matching, and RDC & Mobile Payments. Improve your efficiency with our order-to-cash templates such as - A/R Aging Report, DSO calculation excel template, A/R Dashboard excel template, credit scoring model for new customers, 21 Credit-collections email template, and Our Ebooks.