Autonomous Receivables for Order to Cash

AI-based Credit Risk Management Software

Mitigate risk with real-time credit visibility and manage global portfolios through comprehensive workflows

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AI-Based Credit Management Software

Trusted by 800+ Global Businesses

Credit Management Software Benefits

Solution Overview

Key Product Features

Success Stories

Resources

Why Should You Choose Credit Automation Software

100% Real-Time Credit Risk Monitoring to Ensure Lower Bad Debt

Track changes in customer credit risk and payment behavior, access unlimited customer credit reports to get 360° visibility. Revise credit limits and rescore your customers based on real-time credit risk alerts

Predict blocked orders based on past order volumes and payment patterns, and make better credit decisions through AI-based order release recommendations. Auto-release blocked orders based on information aggregated from EIPP and Cash Application

Capture complete and accurate credit data with a customizable online credit application. Leverage pre-filled applications from sales or auto-extracted customer data from CRM tools and get real-time alerts whenever your customer submits the application to begin the credit evaluation
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HighRadius named as Leader in Gartner's 2023 Magic Quadrant for Invoice to Cash

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HighRadius Credit Cloud Overview

Collections Flow Diagram
Collections Flow Diagram

Transform your Credit Management
in Record Time!

Get results fast with HighRadius, delivering ROI in 3-6 months.

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Speed to Value

Key Product Features

Real-time Credit Risk Monitoring

Get real-time time alerts for any changes in your customers' credit profile and make data-driven credit decisions from unlimited credit reports. Integrate HighRadius with your ERP and start monitoring in just 30 days.

Configurable Scoring Models & Approval Workflows

Customize credit scoring based on geography, customer segments, business units etc and automate credit scoring for low-risk customers. Fast-track credit approvals through complex corporate hierarchies.

Highly Configurable Online Credit Application

Onboard customers across the globe with multi-language, customized credit applications embedded on your website. Automatically capture financials, personal guarantees and check bank references.

Automatically Extract Credit Data

Auto-capture credit ratings, financials, and credit insurance information from 40+ global and local agencies. Configure the auto-extracted data in your preferred currency.

AI-Based Blocked Order Management

Auto-predict blocked orders based on the customers' credit limit utilization and payment history. Leverage AI-based release or partial payment recommendations for faster credit decisions.

Seamless Integration with Collections, Payments & Deductions

Share credit scores and risk analysis with collectors, review collectible amount to calculate adjusted credit exposure, and dynamically update credit exposure leverage payment and dispute information.

Real-time Credit Risk Monitoring

Get real-time time alerts for any changes in your customers' credit profile and make data-driven credit decisions from unlimited credit reports. Integrate HighRadius with your ERP and start monitoring in just 30 days.

Customize credit scoring based on geography, customer segments, business units etc and automate credit scoring for low-risk customers. Fast-track credit approvals through complex corporate hierarchies.

Onboard customers across the globe with multi-language, customized credit applications embedded on your website. Automatically capture financials, personal guarantees and check bank references.

Auto-capture credit ratings, financials, and credit insurance information from 40+ global and local agencies. Configure the auto-extracted data in your preferred currency.

Auto-predict blocked orders based on the customers' credit limit utilizationand payment history. Leverage AI-based release or partial payment recommendations for faster credit decisions.

Share credit scores and risk analysis with collectors, review collectible amount to calculate adjusted credit exposure, and dynamically update credit exposure leverage payment and dispute information.

Want to see in action how Autonomous Credit Software Can Lower Bad Debt?

Schedule Product Discovery Call

Credit Risk Management Automation For SMBs/Mid-sized Businesses

Ensure faster customer onboarding and faster periodic credit reviews with our Credit Risk Application software that is specifically tailored for small & mid-sized businesses, scalable to your business needs with quick implementation.
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Success Stories

120%

120% Efficiency Improvement in Credit Department

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67%

67% Reduction in the Customer Onboarding Time

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50%

50% increased speed in credit reviews

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World's only AI-powered Accounts Receivable Software

Transform your Order to Cash process through end-to-end automation of Credit, Billing & Invoice, Cash Application, Deductions and Collections

Autonomous Receivables

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Billing & Invoice

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

Enable 95% straight-through, same day cash application, and 100% savings in lockbox data capture fees
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Deductions

Improve net recovery rate and DDO with prioritized Deductions Resolution with AI-based Dispute Validity Predictor
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Collections

Achieve Faster Receivables Recovery to reduce DSO with AI-Based Worklist Prioritization & Automated Dunning Capabilities
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Want to know why Integrated Order to Cash process is the future?

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Resources

HighRadius Deduction Automation Datasheet

HighRadius Credit Risk Monitoring Datasheet

This datasheet covers the challenges of credit risk management and how HighRadius' Real-Time Credit Risk Monitoring solutions enable you to monitor your customer portfolios regularly.
Download the Datasheet
Accounts Receivables Dispute Management

23 S.M.A.R.T Credit and Collection Goals

This blog talks about 23 SMART goals for improving credit and collection analysts' productivity and performance and analytics tools to track goal achievement.
Download the ebook
Resolving Deductions 2x Faster

21 Credit & Collection Email Templates

In this template get access to 50+ in-built dunning templates to scale up your dunning outreach using collections management system and recover past dues faster.
Download the template now

Frequently Asked Questions

Does the credit management software integrate with ERP and other systems?

We are an ERP agnostic software that integrates with any and all of the ERPs like SAP, Microsoft Dynamics 365, Oracle, Netsuite, etc.

We collate the payment history of your customer and combine this with the data gathered from credit agencies to come up with a risk category as well as a credit limit.

Project timeline depends on the complexity of the scope. Its generally between 8-16 weeks

HighRadius is an autonomous order to cash management that integrates with your SAP and helps you automate all your financial processes - credit risk monitoring, collections, invoices, deductions, cash application, and more. While bureaus just help you with financial information and reports, HighRadius helps you use that information to predict customer behaviour, suggest immediate action, analyze productivity and keep your collections team in sync with the credit team.

We will be able to handle most of the IT related efforts during the implementation. All we need the IT is for getting us the open AR extract and the bank payment file. This will be usually around a week worth of efforts spread across the implementation time frame.

Security is of paramount importance to each of our customers as it is to us. We are SSAE16 Soc I Type II certified, PCI-DSS Compliant, GDPR compliant and CSA Registered. We strictly follow all Industry standards and best practices.

Typically our pricing has two components the one time setup fees and a monthly recurring subscription fee. You can get on a call with us and get a customized pricing according to your business needs.

Online credit application for onboarding new customers, pre-configured credit scoring models to auto-calculate the credit score, risk class, and credit limit and approval workflow for authorizing changes to credit limit are the top three benefits of using a automated credit management software.