Autonomous Receivables for Order to Cash

AI-based Deduction Management Software

We help Deduction teams prevent revenue leakages and, improve net recovery rate and DDO; by resolving invalid deductions

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AI-Based Deduction Management Software_highradius-product

Trusted by 800+ Global Businesses

Deduction Automation Benefits

Solution Overview

Key Product Features

Success Stories

Resources

Driving End-to-End Deductions Automation

Get The Right Backup Deduction Data For Validation

Auto-extract claims for PODs and BOLs and link them to open deductions with in-house RPA bots. Provide real-time visibility to sales, brokers, and logistics teams with selective access to the aggregated backup documents.

Integrate with Trade Promotion Management (TPM) systems to match deductions with promotions and deals automatically. Auto-capture any pricing and quantity discrepancies at a line item level for quick review and resolution of non-trade deductions.

Reduce DDO by automatically identifying and writing off low dollar value valid deductions. Predict invalid deductions with AI, prioritize them with a worklist and notify collectors for faster recovery.

Automatically send credit memos and credit denials to your customers' A/P portals, email, fax or office address. Ready-to-use, multi-language templates ensure effective communication and better customer experience.
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HighRadius named as Leader in Gartner's 2023 Magic Quadrant for Invoice to Cash

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HighRadius Deductions Cloud Overview

Collections Flow Diagram

Transform your Deductions 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

Auto-Aggregation of Backup Data

Auto-extract backup docs-claims, PODs,& BOLs by leveraging pre-built integration with 1000+ customer portals using RPA bots.

Automated Deductions Reason Coding

Identify Deductions reason code by leveraging an in-built library of 1100+ business rules based on customer-specific patterns and industry best practices.

AI-Based Dispute Validity Predictor

Predict invalid Deductions by analyzing historical validity trends and resolution patterns along with an auto-prioritized worklist.

Trade Deductions Research Automation

Extract data from TPM systems and automatically match Deductions with promotions and deals.

Non-Trade Deductions Research Automation

Automate return, quantity, and pricing variance analysis via sales invoice, RAN, pricing sheet and claims data.

Real-Time Deductions Analytics

Customizable dashboards and 50+ out-of-the-box reports for root-cause analysis to prevent recurring Deductions.

Collaborative E-Workflows

Configurable multi-tier workflows for faster Deductions status tracking and approval.

Automated Correspondence

Automated email correspondence and push of credit memo/denial correspondences to customer’s A/P portals.

Auto-Aggregation of Backup Data

Auto-extract backup documents such as claims, PODs, BOLs leveraging pre-built integration with 1000+ customer portals using RPA bots.

Identify Deductions reason code by leveraging an in-built library of 1100+ business rules based on customer-specific patterns and industry best practices.

Predict invalid Deductions by analyzing historical validity trends and resolution patterns along with an auto-prioritized worklist.

Extract data from TPM systems and automatically match Deductions with promotions and deals. Perform pricing variance analysis using retail trade document and ePOS matching.

Automate return, quantity, and pricing variance analysis via sales invoice, RAN, pricing sheet and claims data.

Customizable dashboards and 50+ out-of-the-box reports for root-cause analysis to prevent recurring Deductions.

Configurable multi-tier workflows for faster Deductions status tracking and approval.

Automated email correspondence and push of credit memo/denial correspondences to customer’s A/P portals.

Want to see in action how Autonomous Deduction Software can prevent revenue leakages

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Success Stories

$500Mn

From 100% unidentified deductions to Half a billion recovery

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$20Mn

Recovered $20Mn through AI assisted Deduction research and prioritization

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23%

Reduced DDO by 23% by automating research for 100,00 deductions received per annum

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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

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Credit

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

In this datasheet we cover the challenges that Deduction teams face, how organizations are achieving faster recovery and success stories of HighRadius in transforming Deductions from reactive to proactive process
Download the Datasheet
Accounts Receivables Dispute Management

Accounts Receivables Dispute Management: Process & Resolution

In this blog you will learn why traditional dispute management process is ineffective and how AI powered automation solves discripancies caused by the inaccurate or incomplete invoice and billing documents
Read the Blog
Resolving Deductions 2x Faster

Streamlining Deductions Operations: Resolving Deductions 2x Faster

This ebook analyzes the nature of deductions and the low-value manual tasks that are taking up valuable time and resources. Best-in-class automation options available for speeding-up the resolution process will also be explored.
Download the ebook

Frequently Asked Questions

Does the collections 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.

Yes, you can customize each criteria for a rule and qualifying criteria for each customer. So, you can choose the amount after which a deduction will be flagged as high priority and the amount at which it can be a write-off.

We will need more information before we can give you an accurate price estimate. Typically our pricing has two components the one time setup fees and a monthly recurring subscription fee."

The connectors in our software are configured in the way that they would only be pulling out specific fields like credit memos, open deductions or open negative line items.

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 and CSA Registered. We strictly follow all Industry standards and best practices.

Can HighRadius pull information on trade promotions and deals from ERPs too?

If you maintain all your trade promotions within your ERP system or RPA system , Highradius can pull all the relevant documentation installed there. So, you don't necessarily have to have a Trade Promotion Management System (TPM) for us to be pulling in all promotion level documents.

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