October 10, 2017

HighRadius to Speak at the AFP Annual Conference and Feature Lockbox Automation Using Artificial Intelligence and Robotic Process Automation

Stop by HighRadius Booth 711 to hear about the latest technology for banks and corporations, then spin for a chance to win great prizes San Diego, CA – October 10, 2017 - HighRadius, the leading FinTech enterprise Software-as-a-Service (SaaS) provider and the confirmed choice of Fortune 1000 companies, announced today that it will be presenting and exhibiting at the Association of Financial Professionals (AFP) Annual Conference, in Booth 711, to be held in San Diego, CA at the San Diego Convention Center, October 15-18. The AFP show brings together more than 6,500 treasury and financial professionals to attend educational session, earn credits and network with industry peers. AFP is headquartered outside Washington, D.C., and is the professional society that represents finance executives globally. AFP established and administers the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in finance. Vikram Gollakota, Client Solutions Director at HighRadius is set to deliver the compelling presentation: “Lockbox Automation Using Artificial Intelligence and Robotics.” Vikram will present on Monday, October 16th at 4:00 PM in Room 33ABC. HighRadius will also highlight their innovative offering, Integrated Receivables Management, on the exhibit floor, which enables end-to-end automation of cash application management, credit management, electronic invoice presentment, electronic payments, lockbox automation and deductions and collections management, featuring auto-resolution decision insights powered by the RivanaTM Artificial Intelligence Platform.  This AI platform enables rich, data-backed insights enabling analysts to take actions resulting in more favorable outcomes. The HighRadius Integrated Receivables solution also allows banks to modernize treasury management services and streamlines the receivables-to-cash cycle for corporate clients. It includes e-remittance capture from various media, straight-through reconciliation of payments to corporate receivables, and invoice presentment and payments. Driven by Artificial Intelligence, the HighRadius solution eliminates the complexity in capturing any non-standard formats and missing data elements from e-remittances across multiple media such as emails, email attachments and web portals. “As electronic payments grow in volume, challenges continue to arise for banks and corporations alike. The desire for credit and A/R to incorporate technology to improve their day-to-day processes is universal. Leveraging the power of machine learning and Artificial Intelligence with rich A/R data will drive significant improvements for credit and A/R departments. HighRadius has always been at the forefront of innovation and technology to empower credit and receivables teams to achieve better outcomes. The AFP conference is a great platform to demonstrate how an integrated, technology-enhanced approach helps organizations surmount their toughest accounts receivable hurdles,” said Sashi Narahari, CEO and President of HighRadius. The SaaS-based solution is quick and cost-effective to deploy, without the need for significant capital expenditure or IT development work to install and manage, and offers easy integration with any ERP system to speed up deployment and reduce need for IT resources. This allows financial institutions to improve the value of their wholesale receivables services and enable corporate clients to increase operational efficiency and to achieve a strong ROI in just a few months. AFP attendees who stop by the HighRadius Booth 711 will have a chance to play the Second Annual “Integrated Receivables Lotto,” with opportunities to win fabulous prizes, including a grand prize vacation trip, Bose Bluetooth Speakers, Yeti Tumblers and Starbucks Gift cards. HighRadius will host a fun and innovative tour on Monday, October 16 that lets guests explore the Gaslamp Quarter, the heart of America’s finest city. The Booze and Bites tour will allow tourists to experience what makes San Diego one of the top destinations for dining, shopping, and nightlife. AFP attendees that are interested in joining the festivities should stop by Booth 711 for more information. About HighRadius Corporation HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company. The HighRadius™ Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing and payment processing. Powered by the Rivana™ Artificial Intelligence Engine and Freda™ Virtual Assistant for Credit-to-Cash, HighRadius Integrated Receivables enables teams to leverage machine learning for accurate decision making and future outcomes. The radiusOne™ 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 www.highradius.com. About the Association for Financial Professionals The Association for Financial Professionals (AFP) is the professional society committed to advancing the success of its members and their organizations. AFP established and administers the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in finance. Each year, AFP hosts the largest networking conference worldwide for over 6,500 corporate finance professionals. For More Information Contact: Tara Gallagher Senior Marketing Manager tara.gallagher@highradius.com
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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.