How HighRadius Slashed Payroll Journal Entry Processing Time From 40 to 8 Man-Hours with its Own Solution

Impact Achieved

80%

Automated
Item Level Hit Rate

20%

Productivity Increased
Across AR teams

1 Payments

Across
100+ OpCos

“It was like tasting own dog food for HighRadius. It helped us to reduce man-hours involved by 5x. It optimized the Payroll Journal Entry Process and improved overall efficiency.”

case-study-speaker

Urvish Vashi

Chief Operating Officer

Highradius

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About HighRadius

HighRadius provides cloud-based software that revolutionizes financial processes such as order-to-cash, treasury, and record-to-report for over 1000 firms, including 3M and Unilever. Leveraging machine learning, generative AI, RPA, and no-code tools, its platform adapts to evolving data for superior digital transformation. Bridging the gap between simple digital solutions and custom-built automation, HighRadius delivers marked improvements in DSO reduction, working capital optimization, bad debt reduction, faster month-end closes, and enhanced productivity within six months.

Region

United States

Revenue

$250 Million

No. of Employees

3,500+

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Top Challenges

  • Different Payroll Processes Across Geographies
  • Time-consuming and Mundane Accounting Tasks
  • Manually collating data & cross-departmental approval was a highly reactive process

Business Benefits

  • It helped us to reduce the manual efforts from 40 Man-Hours to 8 Man-Hours. It also improved visibility for the Approver

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