“By 2023, embedded AI within integrated I2C applications will automate over 50% of decision making within I2C processes.”
Houston, TX - June 03, 2021 - HighRadius, the Artificial Intelligence-powered Order-to-Cash, and Treasury Management software leader, announced that its Integrated Receivables platform capabilities are identified in the recent Gartner report. According to the report, “Integrated invoice-to-cash applications enable organizations to improve their collections processes, drive cash flow and enhance the customer experience”. This adds strategic business value for the Office of the CFO.
The 2021 Gartner report titled, “Market Guide for Integrated Invoice-to-Cash Applications”, highlights the accelerated demand for an end-to-end AI-powered integrated invoice-to-cash application, rather than digital capabilities.
“We believe that the increasing focus from respected analyst groups like Gartner validate what HighRadius has been seeing for years from our growing roster of customers,” said Sashi Narahari, founder and CEO of HighRadius. “The Invoice-to-Cash process is ripe for more automation powered by AI.”
HighRadius is trusted by 600+ clients with users across 92+ countries, including 200+ Forbes Global 2000 companies, such as General Electric, Unilever, and Johnson & Johnson, as well as 100s of mid-sized businesses. We provide the world’s only AI-enabled Integrated Receivables platform, processing over $2.23 Trillion receivables transactions annually.
Download the report here.
Gartner, “Market Guide for Integrated Invoice-to-Cash Applications,” Nisha Bhandare, 17 May 2021.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner's research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About HighRadius Corporation
HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company that leverages Artificial Intelligence-based Autonomous Systems to help 600+ industry-leading companies automate their Accounts Receivable and Treasury processes.
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. The HighRadius® RadiusOne A/R Suite offers a pocket-friendly platform for hundreds of mid-sized businesses to enable faster A/R processing and enhance their working capital. HighRadius® Treasury Management Applications help teams achieve touchless cash management and accurate cash forecasting.
Powered by the Rivana™ Artificial Intelligence Engine and Freeda™ Digital Assistant for order-to-cash teams, HighRadius enables teams to leverage machine learning to predict future outcomes and automate routine labor-intensive tasks.
Processing over $2.23 Trillion in receivables transactions annually, 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. HighRadius is the industry’s most preferred solution for Accounts Receivable & Treasury and has been named a Leader by IDC MarketScape twice in a row.
To learn more, please visit www.highradius.com