January 19, 2017

HighRadius Announces Certification with EU Privacy Shield

HighRadius obtains the compliance mechanism for personal data transfers from Europe to the United States Houston, Texas, January 19, 2017– HighRadius is pleased to announce that it has obtained certification to the EU Privacy Shield this past fall as part of its global data strategy. The certification is another step to support the rapid global expansion and high demand for the company’s products and services across the Eurozone and the larger European Union. “HighRadius takes seriously the privacy and security of data, and as such, we take the steps necessary to ensure that the right levels of protection are in place,” says Sashi Narahari, CEO and President of HighRadius. “Compliance with the EU Privacy Shield assures our European and global clients that any personal data that is processed is handled with the proper restrictions, accessibility and security. This certification is a key component of our global data transfer strategy.” The EU-U.S. Privacy Shield Framework, as set forth by the U.S. Department of Commerce regarding the collection, use, and retention of personal information transferred from EU member countries to companies in the United States, requires that participating U.S. companies have in place appropriate independent recourse mechanisms for dispute resolution. The Privacy Shield Framework provides a set of robust and enforceable protections for the personal data of EU individuals. The Framework provides transparency regarding how participating companies use personal data, strong U.S. government oversight, and increased cooperation with EU data protection authorities. For more information on the HighRadius privacy policies please visit our website: Privacy Policy About HighRadius 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 certified Accelerators for SAP receivables management enables 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 debit and increasing operation efficiency enabling companies to achieve an ROI in few months. For more information please visit www.highradius.com. For More Information Contact: Tara Gallagher Marketing Manager tara.gallagher@highradius.com
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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.