A Gartner Magic Quadrant Invoice-to-Cash Leader

Highest in Execution | Furthest in Vision

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Chemprene’s Evolving Market Demands State-of-the-Art Financial Automation

As a leading manufacturer in the chemical industry, Chemprene faces unique financial challenges from complex global transactions. HighRadius’s advanced financial automation solutions streamline their Order to Cash processes, improving cash flow management, decreasing operational costs, and boosting financial transparency.

Chemprene’s Finance Challenges & HighRadius’s Solutions

Cash Accounting

High Volume of Global Transactions

Our AI-driven automation tools swiftly process high volumes, reducing dependency on manual labor.

Cash Accounting

Deferred Payments Affecting Liquidity

Our cutting-edge collections module can improve Days Sales Outstanding (DSO) by up to 30%, speeding up cash inflow.

Cash Accounting

Complex Chemical Industry Regulations

We ensure compliance with industry regulations worldwide, facilitating smoother financial operations.

Cash Accounting

Manual Processes Slowing Down Efficiency

Around 85% of processes can be automated, significantly reducing time and minimizing errors in financial operations.

Explore our full suite of Finance Automation capabilities

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Collections Management

Automated dunning, improved collector KPIs, lower past-due and DSO

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Cash Application Management

Zero-touch, straight-through remittance capture and payment

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Deductions Management

Automated research and resolution of trade and non-trade deductions

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Credit Management

Automated, proactive credit reviews and faster customer onboarding

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Electronic Invoicing

Automate invoicing and enable buyer collaboration via self-serve portals.

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Analytics

Track KPIs and make data-driven decisions

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Order to Cash Suite

AI-powered tools for smarter AR, faster workflows, and $100K+ savings.

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Cash Management

Gain visibility of cash positions across all your bank accounts

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Cash Forecasting

Accurate cash flow forecasts delivered automatically by AI

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Treasury Payments

Centralized automated payments and minimized fraud risk

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Treasury & Risk Suite

All-in-one solution to manage, analyze, and forecast cash with ease.

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Financial Consolidation

Achieve faster financial consolidation with unified reporting.

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Financial Reporting

Faster reporting with automated financial statements, and self-service tools.

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Consolidation & Reporting Suite

Automated roll-up of GL transactions across subsidiaries in real-time

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Financial Close Management

Close faster with the automated close checklist.

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Balance Sheet Reconciliation

Auto-reconcile bank and cash data across all sources.

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Daily Revenue Reconciliation

Automate 90% of complex, high-volume daily reconciliations

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Anomaly Management

Resolve anomalies proactively with AI-based alerts

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Intercompany Management

Reduce days to close by 30% with faster intercompany eliminations.

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Close & Reconciliation Suite

Reduce month-end cram with pre-built apps to automate close process.

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Payment Gateway

Get paid faster by enabling secure transactions

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Surcharge Management

Lower credit card processing costs with surcharge management

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Interchange Fee Optimizer

Level 2 & 3 Processing | Fee Analysis

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Payment Gateway for SAP

Eliminate PCI compliance costs. Reconcile payments in SAP with 4-way matching.

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B2B Payments Suite

Reduce payment costs by 20%, boost sales with global payment options, and ensure 100% PCI compliance.

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Accounts Payable Automation

AI-powered invoice processing platform

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Supplier Portal

Hassle-free supplier management with seamless onboarding.

See how companies like Ferrero, P&G, Duracell, and Many more are optimizing working capital by 20% while Saving Over $100k in costs.

You Can Too!

Ready-To-Use Resources To Accelerate AR Transformation

O2C Vendor Evaluation Template

Accounts Receivable Feature Guide

Download the AR feature guide to explore AI-driven features that cut DSO, reduce manual work, and accelerate cash flow across the O2C cycle.

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Maximize Revenue: Step-By-Step Guide to Implementing an Automated Billing System

How AI is Changing Accounts Receivable

Find out how AI makes you 3x more likely to get paid before invoices are due. Download the ebook to learn more!

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Why HighRadius for Chemprene?

  • Industry-specific Customization - Tailored solutions for the chemical manufacturing industry’s unique needs.
  • Proven Track Record - Trusted by leading global enterprises to enhance financial processes and outcomes.
  • Comprehensive Automation - From receivables to credit management, all facets of financial transactions are automated.
  • Advanced Analytics and Insights - Empowering better decision-making with predictive intelligence and real-time data.

Industry Trends: Why Chemical Industry CFOs Invest in Finance Automation

  • Regulatory challenges and global compliance necessities - Increasing need for adaptable financial systems.
  • High transaction volumes and complexity - Require sophisticated automation solutions.
  • Rapid technological advancements - Make real-time reporting and data analytics essential.
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AI-Powered Value Creation For Manufacturing Enterprises

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56% Decrease In % Past Due For Aging Buckets Above 5 Days

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46% Lower Past Due & 54% Increase In Productivity

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30% Reduction In Past Due & 70% Faster Customer Onboarding

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Value Creation

From Strategy to Millions—Real
Bottom-Line Value Created in 6 Months

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Chemprene’s Next Steps with HighRadius

Book A Strategy Call

Explore how HighRadius can transform Chemprene’s financial operations.

Get A Custom ROI Assessment

Discover the specific impacts on cash flow, operational efficiency, and compliance.

See The AI In Action

A tailored demonstration geared towards the needs of Chemprene’s finance team.