Achieve faster conversion of e-payments into your cash books by automating email remittance reconciliation across Word, TXT, Excel, CSV, PDF, HTML, and image files.
Pull remittance details using AI-enabled technology to ensure accurate data capture across all remittance file formats and languages – without creating scanning templates.
Just by analyzing the domain of the email address containing the remittance, the solution identifies the customer
Automate manual tasks of email remittance aggregation and data reading to focus resources on strategically important A/R operations.
Send the email remittances you receive from your buyers to a secure HighRadius domain. The emails get auto-forwarded as soon as they hit your inbox, eliminating any manual intervention in the process.
Identify, classify, and extract accurate remittance data from the body of the email and from attachments using template-free, AI-enabled technology for a high capture rate.
Match payments to invoices even in the most complex scenarios across industries including complex parent-child relationships, pre-payments, installments, and matching by non-invoice reference numbers.
Identify deductions at the source based on short-payments or over-payments. Assign ERP-specific reason codes by auto-mapping customer-provided reason codes to your internal reason codes.
Generate enriched files in formats that are compatible with any ERP including SAP, Oracle, MS Dynamics, Infor, Sage, and other legacy systems and post cash directly to the system, eliminating time and productivity loss from manually changing file formats.