HighRadius Wins the Technology Innovation Award at EuroFinance 2018
Geneva— September 28, 2018 — HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, today announced that it has won the Technology Innovation Award at 2018 EuroFinance International Treasury Management Conference.
At the world’s leading international treasury event attended by over 2000 delegates, 13 technology firms pitched their solutions in a bid to win the Technology Innovation Award. EuroFinance’ Discovery Labs took an in-depth look at the emerging technologies and providers creating new opportunities for treasury.
The criteria looked at the critical importance of the problem addressed by the solution. Does it address a major challenge for corporate treasury or is it a modest process improvement? What is the value proposition to the corporate treasurer and is the solution seeing market acceptance?
In the face of fierce competition, HighRadius secured the win with its AI solution to automating cash allocation. With 95% zero-touch cash posting for checks, ACH and cards, 100% elimination of Lockbox key-in fees and AI enabled data capture, HighRadius Cash Application Cloud provides the most comprehensive solution available for automating cash application.
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About HighRadius Corporation
HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company which leverages Autonomous Receivables to help companies put their order to cash on autopilot. The HighRadius® Integrated Receivables platform reduces cycle times in your order-to-cash process through automation of receivables and payments processes across credit, electronic billing and payment processing, cash application, deductions, and collections.Powered by the Rivana™ Artificial Intelligence Engine and Freeda™ Virtual Assistant for order-to-cash teams, HighRadius enables teams to leverage machine learning to predict future outcomes and automate routine labor-intensive tasks. The radiusOne™ B2B payment network allows suppliers to digitally connect with buyers, closing the loop from supplier receivable processes to buyer payable processes. HighRadius solutions have a proven track record of optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, and increasing operational efficiency so that companies may achieve strong ROI in just a few months. To learn more, please visit www.highradius.com.