December 07, 2010

HighRadius Corporation Ranked #10 in the Houston Fast Tech 50

Houston, Texas December 5, 2010 HighRadius Corporation, a Houston-based provider of Financial Supply Chain Management (FSCM) solutions was ranked 10th among the Houston Fast Tech 50 list based on its year-over-year revenue growth of 97%. This is the third consecutive year in which HighRadius has been selected.

50 fastest-growing technology companies in Houston were awarded at the 10th Houston Fast Tech 50 luncheon presented by the Houston Business Journal. The event was held at the Hilton Americas Houston Hotel.

HighRadius Corporation (www.highradius.com) provides Financial Supply Chain Management software solutions to automate and optimize the business processes of receivables functions such as credit, collections and deductions.

“It is a great honor to be featured on this list for the third consecutive year,” said HighRadius’ CEO Sashi Narahari. “The commercial credit and collections market is transforming rapidly in the new economy. A key reason for our growth has been our ability to offer proven solutions that can have an impact on credit-to-cash cycle within months of implementation.” About HighRadius

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.