Cash Application For Mid-Market

Cash Application Solution Built for Mid-Market Finance Teams

Automate cash posting, eliminate unapplied cash, and give your cash application analysts the accuracy and speed your business demands.

See how mid-market teams automate cash application

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Keurig
Resmed
DXP
Redbull
Bluelinx

Future-Ready Cash Application
Built for Mid-Market Growth

Automate manual workflows and streamline your reconciliation process with AI-driven precision.

Automated Remittance Capture

Automatically collect remittance data from common payment channels, helping finance teams eliminate manual downloads.

  • Extract remittance from emails, PDFs, spreadsheets, and scanned attachments
  • Collect remittance automatically from customer AP portals and payment emails
  • Capture remittance from bank files, lockbox, and EDI payment formats

Smart Customer Identification

Quickly identify the correct customer behind each payment using AI trained on payment references and historical transactions.

  • Identify customers using bank details, payment references, and remittance data
  • Handle customers paying multiple invoices across different accounts
  • Improve identification accuracy using historical payment behavior

Payment Invoice Matching

Automatically match incoming payments to open invoices in ERP systems, reducing manual reconciliation work for finance teams.

  • Match payments using invoice numbers, references, and remittance details
  • Apply payments across multiple invoices and partial payments automatically
  • Improve match accuracy using learned payment patterns and tolerance rules

Deduction Coding

Automatically code and resolve deductions faster using AI-powered recommendations and guided workflows for analysts.

  • AI suggests the most likely deduction codes for unposted deductions
  • Automatically initiate workflow to validate or assign ownership for deductions
  • Route deductions to the right analyst or department with prioritized worklists

Why HighRadius for Mid-Market Businesses

Mid-market finance teams need automation that is powerful yet easy to deploy. HighRadius provides an AI-driven cash application that integrates quickly with existing systems and scales with business growth.

Out-of-the-Box ERP Integration

Connect easily with ERPs like Microsoft Dynamics, NetSuite, and Sage Intacct with minimal IT effort.

Go-Live in Weeks, Not Months

Pre-configured workflows and industry best practices accelerate implementation and deliver faster ROI.

Automated Payment Matching

AI automatically matches payments to invoices using references, remittance data, and historical payment behavior.

Smart Exception Workflows

Automated workflows identify short payments, missing remittance, and other exceptions for faster resolution.

Handle Increasing Volumes

Process growing payment volumes without expanding your accounts receivable team.

Real-Time Cash Visibility

Dashboards provide visibility into automation rates, unapplied cash, and posting performance.

Measurable Business Impact

Operational outcomes that mid-market finance teams achieve with HighRadius Cash Application.

90%+

Item Automation Rate

40%

Faster Exception Handling

100%

Elimination of Bank Key-in Fees

30%

Increase in FTE Productivity

Pre-Built Integrations With 50+ ERPs & Systems

Integration Image Integration

Speed-to-Value Implementation

speed to value speed to value

Ecosystem of 125+ Partners

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HighRadius Has Now Launched Outcome Based Pricing

Pay only when you see real results. With Outcome Based Pricing, your investment is directly tied to measurable business outcomes - like faster invoice processing, higher straight-through rates, and increased early payment discounts - so you never pay for shelfware.

AI-Powered Value Creation at 1300+ Enterprises

Frequently Asked Questions

Why do finance teams struggle with manual cash posting?

Many mid-market companies rely on spreadsheets and ERP workflows that require manual remittance capture and payment matching. Cash application automation removes these repetitive tasks, allowing finance teams to process payments faster and with fewer errors.

How does automation help mid-market companies reduce unapplied cash?

Automation captures remittance automatically, identifies the correct customer, and matches payments to invoices using AI algorithms. This significantly reduces unapplied cash and improves the speed and accuracy of payment reconciliation.

How quickly can mid-market companies implement cash application automation?

Modern cloud platforms like HighRadius are designed for rapid deployment with pre-configured integrations and workflows. Many mid-market organizations can go live within a few weeks and start seeing productivity improvements quickly.

Can mid-market companies scale automation as they grow?

Yes. AI-powered automation allows companies to process increasing payment volumes without adding more AR staff, ensuring finance teams remain efficient as the business expands.

What operational improvements can mid-market companies expect?

Companies typically experience faster cash posting, higher automation rates, fewer exceptions, and improved productivity across their accounts receivable teams.

Accounts Receivable Solutions

Accounts Receivable Software | Collection Software | Cash Application Automation | Credit Risk Management | Credit Management | Credit & Collection | EIPP | Electronic Invoicing | Invoice to Cash | Invoice Collection | B2B Payments | Order to Cash | O2C Analytics | Integrated Receivable | Deduction Management | Credit Application | Credit Scoring | Exception Management | Dispute Management | Trade Promotion | Dunning Management | Financial Data Aggregation | Remittance Processing | Collaborative Accounts Receivable | Remote Deposit Capture | Credit Risk Monitoring | Credit Decisions Engine

Accounts Payable Solutions

AP Automation | Invoice Processing | Invoice Scanning & Capture | Invoice Coding | Invoice Approval | Invoice Matching | Invoice Management | Supplier Management | Supplier Onboarding | Dynamic Discounting | Vendor Payment

Financial Reconciliation & Close Solutions

Account Reconciliation | Financial Close | Bank Reconciliation | Balance Sheet Reconciliation | Payment Reconciliation | Transaction Matching | SOX Software | General Ledger Reconciliation | Journal Entry | Variance Analysis| Financial Consolidation | Financial Reporting | Financial Statement | Financial Reconciliation

Treasury & Cash Management Solutions

Treasury Management | Cash Flow Forecasting | Cash Management | Cash Flow Management | Revenue Recognition | Liquidity Management

Resources

Days Sales Outstanding | Collection Dispute Letter | Accounts Receivable Days Formula | Credit Dispute Letter | Accounts Receivable Days Outstanding | Accounts Receivable Collections | Accounts Receivable Report | Accounts Receivable Aging Report | Accounts Receivable Process | Credit Scoring Model | Dispute Management | Debt Collection Call Script | Credit Risk Management Techniques | Accounts Receivable Department | 609 Credit Dispute Letter | Order to Cash Automation | Collections Performance Metrics | How to Determine Credit Worthiness | B2B Credit Application | Credit & Collection Technology | Accounts Receivable Automation | Accounts Receivable Solutions | Electronic Invoicing Process

Ebooks, Templates, Whitepapers & Case Studies

Accounts Receivable Dashboard | Credit and Collection Goals | DSO Calculation Template | Accounts Receivable Aging Report Template | Business Credit Scoring Model | AR Aging Worklist Prioritization | Collection Email Templates | Strategies to Reduce DSO | Collection Maturity Model Template | Credit & Collection Email Templates | Credit Policy Sample | Credit Application Checklist Spreadsheet Template | Collection Email Automation with Excel