Is Your Treasury Stuck in the Past? Automate Treasury Payments and Save $2.3M in Hidden Bank Fees
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Save 30% on average payment costs by eliminating manual steps and routing payments with ease.
98% payments executed on time streamline processing from ERP to bank with zero manual handoffs.
100% manual, FX, and POBO payments initiated from a single hub for greater control and cost savings.
100% of payments tracked with automated updates from banks and payment partners.
95% of approval workflows are automated and policy-driven for faster, error-free payment execution.
90% of payment fraud and duplicate errors detected and flagged automatically with AI and heuristics.
HighRadius has been recognized as a "Major Player" in the IDC MarketScape 2023 for Worldwide SaaS and Cloud-Enabled Enterprise Treasury and Risk Management Applications. This reflects the company’s AI-powered innovation, seamless ERP integration, and real-time insights—empowering businesses to boost cash visibility, manage risk more effectively, and make smarter financial decisions.
Discover how HighRadius is transforming treasury management—download the IDC MarketScape 2023 Report today!
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Learn how our Treasury Payments solution automates payment workflows and strengthens security controls, reduces bank fees.
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Learn how harnessing data with AI can finance teams to make accurate and impactful decisions.
Download Guide
Learn the key challenges in transitioning to real-time payments—and how to overcome them with AI.
Download GuideAutomate Payment Initiation for Faster Cash Flow
Free up working capital faster by removing delays tied to manual payment processes. Automated initiation ensures treasury payments are triggered at the right time, without logins, uploads, or human error.
Real-Time Payment Monitoring and Approval
Avoid missed deadlines and fire drills. Treasury teams can approve and track high-value payments in real time—on desktop or mobile—ensuring urgent wires get cleared before bank cutoff.
AI-Powered Payment Anomaly Detection
Catch issues before they hit your balance sheet. AI continuously flags suspicious patterns and potential errors, minimizing fraud exposure and safeguarding critical payments.
Improve Treasury Productivity
Shrink time spent on manual handoffs and email approvals. With centralized workflows and rule-based automation, treasury teams focus on strategic tasks, not chasing spreadsheets.
Seamless ERP & Bank Integration
Break the silos between ERP, bank portals, and treasury systems. Real-time data sync ensures accuracy and speed across all systems—no exports, delays, or reconciliation struggles.
Audit-Ready Compliance & Reporting
Stay ahead of compliance checks with built-in audit trails, sanctions screening, and real-time reporting. Every payment is traceable, policy-aligned, and regulator-ready.
Automated Payment Scheduling & Prioritization
Optimize liquidity by auto-scheduling payments based on due dates, working capital goals, and payment type. Treasury teams gain precision control over outgoing cash while reducing late fees and overpayments.
Multi-Level Workflow Control for High-Value Payments
Enhance governance with tiered approval hierarchies for large or sensitive transactions. Role-based workflows ensure the right stakeholders review, validate, and release high-risk payments—no bottlenecks, no exceptions.
HighRadius' automated treasury payment solution is ERP-agnostic, seamlessly integrating with any ERP system to ensure streamlined financial processes.
Automated Treasury Payments Software streamlines and secures the entire payment lifecycle—from initiation and approval to execution—within a single platform. It provides real-time visibility into cash flow and payment status, leverages AI to detect fraud and anomalies, and ensures payments are processed accurately and on time. By reducing manual effort and errors, it empowers treasury teams to optimize liquidity, mitigate risk, and focus on strategic financial decisions that drive business growth.
With automated treasury payments solutions, businesses can accelerate payment cycles, reduce bank fees, and enhance cash flow management. The ability to initiate and approve payments across multiple channels—domestic and international—boosts productivity, ensures compliance, and enables treasury teams to focus on more strategic tasks. By automating time-consuming manual processes, treasury departments can cut operational costs, achieve faster approvals, and minimize payment-related errors.
By embedding agentic AI into treasury payments software, businesses gain increased speed, accuracy, and control over their payment processes, transforming how cash moves and risks are managed.
It doesn't just follow rules - it thinks, learns, and acts.
AI agents autonomously initiate and route payments, cutting approval cycle times and freeing treasury teams from manual tasks.
AI identifies irregular patterns and payment anomalies in real time, protecting against fraud and compliance breaches.
Agentic AI offers live dashboards and alerts for payment statuses, empowering treasury leaders with actionable insights on demand.
Machine learning adapts to new data and treasury policies, enhancing payment accuracy and reducing operational risks over time.
Manual treasury payment processes are labor-intensive, error-prone, and often result in delays, inefficiencies, and increased risks. By automating treasury payments, these challenges are swiftly addressed—transactions are processed faster, discrepancies are detected instantly, and security is enhanced through AI-driven fraud detection.
| Feature | Manual Cash Management | Automated Cash Management |
|---|---|---|
| Process Efficiency | Manual tracking of payments and approvals leads to delays and inefficiency. | Real-time, automated payment initiation, approval, and tracking ensures swift execution and fewer delays. |
| Payment Accuracy | Errors from manual entry and inconsistent payment processing. | AI-driven fraud detection and automated validations ensure payment accuracy and eliminate human errors. |
| Payment Methods Flexibility | Limited payment options requiring manual adjustments for different methods. | Multi-rail payments (ACH, wire, instant, international) provide flexibility and cost optimization for all payment methods. |
| Discrepancy Resolution | Slow, manual investigation of payment failures or mismatches. | Instant identification and resolution of discrepancies via AI and real-time tracking, reducing payment failures. |
| Cash Flow Management | Difficult to track and optimize cash flow across various accounts. | Real-time visibility and automation help optimize cash flow management, ensuring timely and accurate payments. |
| Risk Management | Manual checks for fraud or compliance issues increase exposure. | AI-powered fraud detection, sanctions screening, and compliance alerts instantly mitigate risks and flag suspicious activities. |
| Intercompany Transfers | Time-consuming manual intercompany payments with higher bank fees. | Automated, instant, and cost-effective multi-currency and multi-company transfers using local rails reduce fees. |
| Compliance & Reporting | Complex, time-consuming compliance reporting and auditing. | Automatic audit trails, real-time compliance checks, and easy reporting ensure transparent and compliant operations. |
| Approval Workflows | Approval workflows are prone to bottlenecks and manual oversight. | Automated, multi-tiered approval workflows accelerate processing while ensuring checks and balances. |
| International Payments | Manual handling of currency conversions and international transfer fees. | Real-time FX rate lock-in and competitive foreign exchange rates reduce costs and improve efficiency for international payments. |
| Scalability | Manual processes struggle to scale with growing transaction volumes. | Fully scalable automation adapts to increasing transaction volumes without requiring additional manual resources. |
| Cost Implications | High operational costs due to manual labor, time, and errors. | Significant cost savings through automation, reduced manual intervention, and improved efficiency. |
| Data Integrity | Errors and mismatches due to manual entry and data handling. | Real-time, synchronized data matching ensures accurate and reliable financial information. |
| Payment Status Tracking | Lack of visibility results in delayed payment status updates. | Instant access to payment status and tracking across all stages, minimizing errors and improving transparency. |
| Bank Connectivity | Requires multiple, separate connections to different banks. | Single platform integrates with all banks through SWIFT, direct bank connections, and APIs, simplifying processes. |
| Mobile Accessibility | No mobile solution; payments must be approved manually on desktop. | Full mobile app access to approve payments, track status, and receive notifications for urgent actions, increasing responsiveness. |
Selecting the right treasury payment software provider is critical to optimizing cash flow, enhancing security, and driving operational efficiency. CFOs must focus on solutions that deliver real-time visibility, seamless integration, and scalable automation. Here are things to look out for when choosing a vendor for automated treasury payment software.
Choose solutions that provide continuous, live monitoring of payments to accelerate decision-making and minimize operational risks.
A provider whose system integrates natively with your financial software reduces manual work and supports end-to-end automation.
Ensure the platform can handle your current volume and scale effortlessly as your treasury processes grow in complexity.
Robust security features and adherence to regulatory standards must be non-negotiable to protect your treasury environment.
A trusted vendor with proven treasury domain expertise and responsive customer service maximizes software ROI and team productivity.
Unlock working capital, accelerate cash visibility, and drive smarter liquidity decisions with a unified Agentic AI Platform built for treasury.
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Treasury payments can and should be automated. By leveraging AI, organizations can automate treasury payments, transforming payment initiation, approval, and fraud detection, driving unmatched efficiency and precision. This reduces manual errors, mitigates risks, and strengthens cash flow management, empowering businesses to scale and thrive.
By automating treasury payments, businesses can also optimize the approval workflow, ensuring that payments go through the necessary checks and balances without delays. Treasury management systems like HighRadius offer customizable approval hierarchies that meet company-specific security and compliance policies, enhancing oversight and minimizing human errors.
Additionally, AI-driven fraud detection and anomaly alerts ensure that potential issues are flagged before payments are processed, giving businesses greater confidence in their treasury operations. With these advanced features, treasury automation not only increases operational efficiency but also safeguards the business from financial risks.
HighRadius’ automated treasury payments solution boosts efficiency, processing 98% of payments on time. With AI-driven fraud detection, automated initiation, and approvals, finance teams can focus on strategy. Additionally, seamless integration with existing ERP systems and flexible payment channels provide the scalability needed to adapt as the business grows.
Our secure payment treasury system also enables businesses to streamline cross-border payments with ease. Through its integrated multi-rail and FX rate lock-in features, businesses can save on foreign exchange costs and execute international transactions with competitive rates.
Also, the software’s real-time monitoring and status tracking provide complete visibility into the payment process, ensuring that treasury teams can proactively address any issues before they impact cash flow. With enhanced fraud detection powered by AI and the ability to manage payments via multiple channels, businesses can reduce risk while improving operational efficiency.
An automated treasury payment solution transforms the payment process by seamlessly initiating transactions based on predefined rules and efficiently managing structured approval workflows. It offers real-time tracking of payment statuses and integrates effortlessly with existing ERP systems, minimizing IT involvement.
The automated treasury payments software also ensures enhanced security through advanced AI-driven fraud detection and compliance features. Users can choose from various payment channels to optimize both costs and speed, while insightful analytics provide a clearer picture of cash flow management.
