June 01, 2011

HighRadius Corporation joins SAP® PartnerEdge™ Program

HighRadius Corporation joins the elite SAP® PartnerEdge™ Program for Software Solution Partners

Houston, Texas - May 26th, 2011 – HighRadius Corporation,a Houston based provider of Financial Supply Chain Management (FSCM) solutions, announced that it has joined the SAP® PartnerEdge™ Program. SAP® PartnerEdge™ Program for SoftwareSolution Partners represents one of the most renowned and esteemed Partner Programs in the market.

SAP Software Solution Partners provide solutions that seamlessly integrate with the SAP NetWeaver ecosystem and help SAP customers derive enhanced value from SAP applications. As an SAP Software Solution Partner, HighRadius will continue to provide FSCM solutions called ‘Accelerators’ to its customers, helping them maximize return on their SAP FSCM investment.

HighRadius offers its solutions through a unique delivery model that covers the entire solution life cycle, without requiring independent enterprise software deployment or operation. HighRadius’ solutions have helped customers improve their financial performance and achieve better Key Performance Indicators (KPIs) within their receivables functions, by helping businesses lower their Days Sales Outstanding (DSO), reduce bad-debt write-offs and still keep the operational costs low. HighRadius has vast experience deploying its solutions for SAP customers across a variety of industries.

 “We are pleased to announce our partnership with SAP.  Our unique accelerators for the FSCM solution space enhance the value of SAP FSCM to its customers.” said Sashi Narahari, CEO, HighRadius. “By partnering with SAP, we will be in a better position to serve our customers; while helping each other maintain our leadership positions in the market. The SAP PartnerEdge Program will help us expand the reach of our existing solutions, while helping us bring new solutions to the market faster”.

For more information, please visit Solutions for SAP or email to info@highradius.com

About HighRadius Corporation

HighRadius provides Financial Supply Chain Management (FSCM) software solutions to optimize receivables functions such as credit, collections and deductions. HighRadius’ software has a unique delivery model that does not require independent enterprise software deployment and operation. The software is offered either via the cloud as a hosted Software as a Service (SaaS) model or as a plug-in that gets imported into large scale ERP system such as SAP and complements its existing functionality. HighRadius solutions enable companies to lower days sales outstanding (DSO), minimize write-offs and reduce operating costs. Headquartered in Houston, Texas, HighRadius’ customers include Warner Brothers, Estee Lauder, Callaway Golf, Adidas and Georgia Pacific.

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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.