HighRadius to Ramp-Up European Presence with Expansion and Key Hires

HighRadius adds a key location in London and supplements its ability to serve Europe with an expanded, dedicated team

Houston, Texas, February 8, 2017– HighRadius announced today the opening of another location, this time in London, United Kingdom to deliver Credit and Accounts Receivable automation to the European market. In addition to the new location, HighRadius has hired Gwyn Roberts, Vice President, EMEA to lead the sales and operations at the new location and aid in the expansion and development of business growth and customer success throughout Europe.

“While HighRadius solutions are already bringing value to many global clients, such as Kimberly Clark, P&G, Tech Data, Johnson Control, adidas Group, Huntsman, L’Oréal, Intel, Under Armour, Starbucks and Ingram Micro, our new European office will allow us to offer the same benefit to European-based organizations by employing the HighRadius Integrated Receivables solutions. Our technology is the only software that offers an end-to-end platform to deliver automation across the order-to-cash cycle,” said Sashi Narahari, President and CEO of HighRadius.

The HighRadius Integrated Receivables Suite is offered as cloud-based SaaS solutions in a holistic approach to optimize credit and A/R. Credit Cloud replaces and automates the paper-intensive credit review and management process. Electronic Invoice Presentment and Payment (EIPP) Cloud speeds up invoice communication and reduces the cost of invoicing. Cash Application Cloud offers the leading comprehensive solution for automating cash application across all payment and remittance formats. Deductions Cloud automates claims backup collection, trade deduction resolution and correspondence. Collections Cloud offers automated collection strategies and dispute management. The products work together or as standalone solutions to eliminate manual tasks and optimize the specific business processes.

The HighRadius Integrated Receivables for SAP® S4/HANA Finance provides native automation and productivity enhancements for companies looking to maximize ROI on their SAP investment and improve productivity gains across SAP Credit Management, Collections and Dispute Management and Biller Direct.

Gwyn’s addition to the HighRadius team brings a tremendous depth of experience delivering software and services to clients in Europe. Gwyn was Director of Business Development for CIMCON Software, where he grew business with specific emphasis on the market in the United Kingdom and EMEA, to include staff recruitment, new business generation and marketing. Gwyn was also Business Development Director for Thomson Reuters, where he worked to drive new business and expand existing client relationships, achieving consecutive years of above target revenue generation. His years at SunGard (now FIS) and Business Objects (now SAP) will provide additional experience in adding new clients, scaling sales teams and building operations to meet the demands of the growing business at HighRadius.

“As an organization, HighRadius has seen tremendous growth, delivering cutting-edge technology with Robotic Process Automation- and Artificial Intelligence-driven engines that provide superior automation and efficiency gains to credit and A/R practitioners. This success has established us as the leader in the Fortune 1000 market. The new London office will continue our growth trend as we expand the delivery of benefits and value to companies with a European presence,” added Jay Tchakarov, Vice President of Product Management and Marketing at HighRadius.

About HighRadius

HighRadius Integrated Receivables Cloud is the only end-to-end credit-to-cash platform for automating credit, collections, deductions, cash application, lockbox processing, EIPP and electronic payments processing. HighRadius offers turnkey implementation services for SAP Receivables Management (formerly FSCM) modules, and accelerators that enhance SAP functionality. With more than 250 global clients, HighRadius solutions have a proven track record of reducing days sales outstanding and bad-debt, while increasing operational efficiency and realizing ROI in under 6 months.

For More Information Contact:

Tara Gallagher
Marketing Manager
tara.gallagher@highradius.com
281.972.2101