January 23, 2019

HighRadius Partners with Media Financial Management Association to Automate Media Industry Credit Management

Houston, Texas — January 23, 2019 — HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash process, today announced a partnership with the Media Financial Management Association’s (MFM’s) subsidiary BCCA, the media industry’s credit association, to bring credit management automation to the media industry. The partnership will enable more than 1,800 MFM and BCCA members to automatically pull the industry-specific credit data supplied by the association’s Media Whys credit report. Using the HighRadius® Credit Cloud and Online Credit Application and BCCA integration, users will no longer need to manually download reports for each credit application and credit review. “We recognize that the industry-specific credit data provided by the BCCA is an essential tool for media companies,” said Bill Weiss, VP Business Development, Credit and Collections, at HighRadius. “MFM and BCCA members are asking for higher levels of automation in their credit management process and we’re happy to help bring that to the table.” “HighRadius’ focus on efficiency and productivity using Artificial Intelligence (AI) and Machine Learning (ML) makes them a perfect partner for BCCA, one that can help our member companies automate some of their most labor-intensive tasks,” said Mary M. Collins, President and CEO of MFM and its BCCA subsidiary, which serves as the media industry’s credit association. “We are excited by this new partnership and the benefits that both our organizations will realize.” Among its many features, the HighRadius Credit Cloud automates the retrieval of essential credit reports and information from leading agencies. About MFM and BCCA Media Financial Management Association (MFM) is the premiere resource for financial professionals for media industry education, networking, and information sharing throughout the U.S. and Canada. More information about MFM is available on its Web site: https://www.mediafinancefocus.org and via its updates on LinkedIn, Facebook and Twitter. Its BCCA subsidiary serves as the media industry’s credit association. BCCA’s revenue management services encompass a variety of credit reports on national and local media advertisers and agencies, including Media Whys, a credit report for media businesses which offers a credit score based on industry-specific aging combined with trade data from Experian or D+B. More information about BCCA is available at https://www.bccacredit.com as well as its updates on LinkedIn, Facebook and Twitter. About HighRadius Corporation HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company. The HighRadius® Integrated Receivables platform reduces cycle times in your order-to-cash process through automation of receivables and payments processes across credit, electronic billing and payment processing, cash application, deductions and collections. Powered by the RivanaTM Artificial Intelligence Engine and Freeda Virtual Assistant for order-to-cash teams, HighRadius enables teams to leverage machine learning to predict future outcomes and automate routine labor-intensive tasks. The radiusOneTM B2B payment network allows suppliers to digitally connect with buyers, closing the loop from supplier receivable processes to buyer payable processes. HighRadius solutions have a proven track record of optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, and increasing operational efficiency so that companies may achieve strong ROI in just a few months. To learn more, please visit https://www.highradius.com. Media Contact Treble Sam Tormey highradius@treblepr.com MFM and BCCA P. Andrews-Keenan – 312-206-2821 or PKeenan1@comcast.net Jamie Grande - 847.716.7000 or jamie.grande@mediafinance.org
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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.