Integrated Receivables Cloud Platform
Cash Application Cloud
RDC and Mobile Payments
Make check payments directly from office/agents via RDC scanner or mobile app
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NO LOCKBOX? USE RDC
Straight-through cash posting with a hit-rate of 95%
Capture check payments and remittance accurately with the Artificial Intelligence-enabled aggregation engine and post them directly to the ERP same day it's received
High feasibility for SMBs due to low costs
Achieve high cost savings by eliminating costs associated with lockbox services, transportation, and manual handling
Seamless integration and compatibility across RDC scanners
Use with any of the most popular RDC scanners available on the market, including the one on your desk
Increased e-payment adoption with mobile payments
Enable field agents go to their customers and collect check, ACH, and card payments with their mobile devices, processing payments in real-time.
There’s no time like the present
Get a Live Demo of Cash Application for Your Business.
Five simple steps to process RDC and Mobile Payments
Scan high volume checks and remittances in one go as well as processing ACH and card payments
RDC scans upto 100 checks and remittances together in one batch and Mobile Payments app accepts checks, ACH and card payments at the time of delivery
Capture data from scanned images
Capture data with high accuracy and precision with inbuilt Magnetic strip based MICR capture and
AI-enabled OCR capture.
Post payments directly to the bank
With the scanned data, create an enriched electronic file consisting of the payment details for remote transmission to banks as well as for internal cash application.
Match payments with open invoices
Link electronic index file of the payments with the scanned remittance information and then match it with open A/R invoice details pulled from the supplier’s ERP system
Post cash directly to your ERP
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 in manually changing file formats.
This is Why A/R Teams Love Us
The cash application team at Johnsonville Sausage reduced the time spent in cash posting from 40 hours to 17 hours with 80% of the dollars applied without any manual intervention.
The Starbucks' cash application team achieved an 80% reduction in manual effort by automating remittance aggregation and payment reconciliation.
There's More to Cash Application Cloud
5 Cash Application Technologies Every A/R Manager Should Know
Calculate your ROI from Cash Application Automation
Datasheet : Cash Application Cloud
HighRadius's Award-winning Accounts Receivables Automation Software powers 400+ Fortune 1000 industry leaders who have optimized their Order-to-Cash process across Credit, Collections, Cash Application, Deductions, Billing & Payments. Highradius™ Autonomous Receivables, comprising of Integrated Receivables™, Rivana™ and Freeda™, uses AI-powered technology and digital assistants to improve your Receivables Management beyond best-in-class industry benchmarks.