Lower operating costs for accurate, same-day, on-invoice cash posting.
HighRadius Cash Application Cloud enables the end-to-end automation of the cash application process that covers remittance aggregation from different sources/formats, payment linking, invoice matching, deduction coding, and ERP posting.
It offers benefits such as:
Pull remittance details from emails and email attachments using AI-enabled technology to ensure accurate data capture across all remittance file formats and languages.Learn More
Identify deductions at the source based on short-payments or over-payments. Assign ERP-specific reason codes based on chosen parameters.Learn More
Auto capture remittance from check stubs with template-agnostic technology.Learn More
Web robots to log in, navigate, and capture remittance information from customer portals and popular Accounts Payable networks with the help of Robot Processing Automation.Learn More
Automatically 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.Learn More