Southwire | End-to-End Automation of Payments

HighRadius Autonomous Finance Platform

Autonomous Accounting

For Order to Cash

Credit

EIPP

Cash App

Deductions

Collections

Credit Risk Management Software

Mitigate risk with real-time credit risk visibility. Get comprehensive workflows to manage your global portfolios.

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Global E-Invoicing and Payment Software

Enable frictionless billing and payments globally through auto-invoice delivery and self-serve payment portals

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AI-Based Cash Application Software

Enable 95% straight-through, same day cash application and 100% savings in lockbox data capture fees with HighRadius Cash Application Solutions.

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AI-Based Deduction Management Software

Reduce Days Deduction Outstanding(DDO) and improve your net recovery rate

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AI-Based Collections Software Solutions

Achieve Faster Receivables Recovery to reduce DSO with AI-Based Worklist Prioritization & Automated Dunning Capabilities.

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For Cash Operations

Cash Management Software

Cash Forecasting Software

Cash Management Software

A solution that leverages automation to manage your company’s daily cash operations.

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Cash Forecasting Software

An advanced system with self-service modules and Al to provide accurate cash flow forecasts

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For Record to Report

Financial Close

Account Reconciliation

Anomaly Management

Financial Close

End-to-end Financial Close Automation to enable day-zero close with close task and project templates, automated workflow and close task management.

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Account Reconciliation

Optimize Account Reconciliation by identifying and resolving variances for General Ledger Accounts through configurable matching rules and algorithms

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Anomaly Management

Resolve anomalies proactively throughout the financial period with alerts for all potential errors or omissions and achieve a smooth financial close

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Autonomous Receivables Solutions for Order to Cash in CPG Companies

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How HighRadius Solves Top Business Challenges in CPG Industry

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How your peers such as Ferrero, Keurig DrPepper, and Danone have tackled business challenges with A/R Automation

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Learn How Danone Recovers $6 Million from Invalid Deductions within 5 Months of A/R Automation Implementation

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Autonomous Receivables Solutions for O2C in Industrial Manufacturing Companies

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How HighRadius Solves Top Business Challenges in Industrial Manufacturing

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Actionable insights from inspiring A/R Transformation Journeys of leading Manufacturers- DXP, CP Chem, Yaskawa

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Learn How Southwire was able to Achieve 90% Automated Cash Application with a Plug-and-Play Model using HighRadius

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Autonomous Receivables Solutions for Order to Cash in Insurance Companies

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How HighRadius Solves Top Business Challenges in Insurance

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How Zurich Leveraged AI to achieve 85% Straight-Through Cash Posting with 33% Higher Productivity

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Autonomous Receivables Solutions for Order to Cash In Staffing Companies

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How HighRadius Solves Top Business Challenges in Staffing

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How EmployBridge Achieved 80% Automated Cash Application and Simplified 3-Way Matching with HighRadius

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Autonomous Receivables Solutions for O2C in High Tech Electronic Companies

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How HighRadius Solves Top Business Challenges in High Tech Electronics

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How automation can solve organizational challenges with real-life A/R automation journeys of TCL Corp, Ivanti, and EBSCO

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How TCL Corp achieved 97% Touchless Cash Posting with HighRadius AI-Powered Cash Application Software

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Autonomous Receivables Solutions for O2C in Computer Software Companies

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How HighRadius Solves Top Business Challenges in Computer Software

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Teletrac Navman’s digital acceleration strategy to improve their collections process with 81% improvement in CEI

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Autonomous Receivables Solutions for O2C in Media & Publishing Companies

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How HighRadius Solves Top Business Challenges in Media & Publishing Industry

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How EBSCO Transformed its Cash Application to Achieve 82% Cash Posting with 33% Of Reallocation of Resources to Critical Tasks

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Autonomous Receivables Solutions for O2C in Pharma & Life Sciences Companies

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How HighRadius Solves Top Business Challenges in Pharma & Life Sciences Industry

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How automation can solve organizational challenges with real-life A/R automation journeys of Intuitive Surgical, ResMed, and Sanofi

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How Intuitive Surgical enabled successful SSC transformation with Cash Application automation.

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Impact Achieved

Zero

Touch Payment Process

100%

Elimination of LockBox Keying-in Fee

Auto

Identification Reason Code Mapping of Deductions

“HighRadius cloud solutions have a plug and play operating model and are easy to integrate with SAP – the gaps and the needs are taken care of and they are more user friendly than any other vendor solution!”

Ellen Farish

Sr. Operations Manager Shared Financial Services

Southwire

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83%

Automated Cash Application

100%

Deductions Automatically Coded by the System

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80%

Automated Cash Application

224

Man-Hours Saved Per Month

33%

Reduction in Manpower

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5.5

Days Reduction in DSO

60%

Improvement In A/R Team Productivity

~90%

CEI Achieved

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HighRadius Autonomous Finance Platform

Autonomous Receivables

Autonomous Treasury

Autonomous Accounting

Credit Risk Management Software

Global E-Invoicing and Payment Software

AI-Based Cash Application Software

AI-Based Deduction Management Software

AI-Based Collections Software Solutions

Cash Management Software

Cash Forecasting Software

Financial Close

Account Reconciliation

Anomaly Management

Securing Zero-touch Payment Processing with End-To-End A/R Automation

Impact Achieved

Zero

100%

Auto

About Southwire

Region

Revenue

Employee

Top Challenges

Business Benefits

Explore More Transformation Stories

83%

100%

80%

224

33%

5.5

60%

~90%