Autonomous Software
About HighRadius
HighRadius Corporation | Confidential and Proprietary
Autonomous Finance Platform for the Office of the CFO
Autonomous Receivables
Order to Cash Credit EIPP Cash App Deductions Collections
Procure to Pay
Autonomous Treasury
Treasury
Office of the
CFO Functions Cash Forecasting Cash Management
Record
to Report Autonomous Accounting
FP&A
Tax
Financial Anomaly Account
Close Management Reconciliation
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Market Leading Software with Proven Traction
4000 $3.1 $7.7
HighRadians Billion Trillion
7 countries $3.1Bn Valuation Transactions annually
US, UK, France, Germany, Netherlands, Poland, India $450M Raised across 90+ countries
Invoice to Cash Market Leader Preferred CFOTech Software Partner
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Proven Traction with 800+ Customers Across Industries
Traction across Traction across
company size industries
CONSUMER
TECHNOLOGY FOOD & BEVERAGE RETAIL
Major Accounts GOODS
$10 bn+
Annual Revenue
LOGISTICS &
MANUFACTURING OIL & GAS MEDIA
Enterprise Accounts TRANSPORTATION
$1bn-$10bn
Annual Revenue
CHEMICALS DISTRIBUTION HEALTHCARE INSURANCE
Mid-Market Accounts
$100mn - $1bn
Annual Revenue
HighRadius Corporation | Confidential and Proprietary 4
HighRadius named a
Leader
in the
2023 Gartner® Magic Quadrant™
for Integrated Invoice to Cash
Applications
Placed Highest across both
Ability to Execute and Completeness of Vision
Autonomous Receivables Highradius Named Market
Leader
Credit EIPP Cash App Deductions Collections Series C
$300 Million
$3.1Billion Company
Treasury Management
Series B
$125 Million
New Products & IP
Cash Cash
Forecasting Management
2022
Autonomous Accounting A/R Suite for Mid-Size Businesses
Financial Account Autonomous
Close Reconciliation 2021
Systems
Series A
Artificial $50 Million 2020
Cloud Intelligence Trusted By
On-Premise Solutions
Solutions 2019
200+ GlobalCompanies
2000
2017
2006 2010
2014
$ 4.7 Trillion +
transactions processed annually
Partial List of Customers
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Global footprint with 2400+ implementations in 92+ Countries & 7 Office Locations
Europe Offices
London Russia
Amsterdam
Canada Frankfurt
Paris
Japan
Kraków China
United South Korea
HEADQUARTER
States
Houston Taiwan
Mexico
India HEADQUARTER
Philippines
Costa Rica
Malaysia
Singapore Indonesia
Brazil
Australia
South Africa
Offices Locations Argentina
New Zealand
● Houston, TX (Global HQ)
Implementations
● London, UK Luxembourg
Frankfurt, DE Netherlands Sweden
Finland
Norway
● Amsterdam, NL United Kingdom
London
Ireland Denmark
● Paris, France Germany
Poland
Amsterdam Frankfurt
● Kraków, Poland France
Paris
Czech Republic
Switzerland Romania
● Hyderabad, India Spain
Italy
● Bangalore, India Portugal
Delivering Value Across The End-to-End Process
Deliver Goods
Create and Services
Sales Update 30-50% Operating expense reduction
Invoice Open AR across impacted functions
Digitized & Enhanced Customer and
Employee Experience with 360 degree
Accept PO view of process
(Create Sales
Billing and
Purchase Order)
Invoicing
Order
CREDIT Check Payment
MANAGEMENT Inventory Receipt
PAYMENT
INITIATION DEDUCTION/
CASH DISPUTE COLLECTIONS
APPLICATION MANAGEMENT MANAGEMENT
Credit EIPP Cash App Deductions Collections
▪ ▪ ▪ ▪ Collection Strategies
▪ Online Credit Application Merchant Branded Portal Image Data Capture Claim, POD Backup Automation
▪ ▪ ▪ ▪ Notes, Reminders, and
▪ Credit Bureau Integration Invoice templates Email, EDI, Web Data Capture Automated Trade Matching
Payment Commitments
▪ ▪ ▪ ▪ Price Variance Analysis
Credit Scoring Dispute Management Invoice Matching
▪ Dispute Management
▪ ▪ ▪ ▪ Automated Claim Denial
Credit Workflow Payment Gateway Integration Deduction Coding
Packages ▪ Automated Correspondence
40-60%+ 30-50% 80%+ 20-40%+ 5-20%
Reduction in time to conduct Reduction in billing and First time Reduction in Reduction in
credit reviews accounting costs cash processing rate* days deductions outstanding days sales outstanding
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Library of HighRadius Integrations
40+ Credit Agencies 50+ A/P Portals and 50+ Credit Card 500+ Websites
20+ ERP Integrations 100+ Banks
Integration Networks Processors Aggregation
Pre Built Integration with major Integration with various News websites Leverage a library of 500+
ERPs including SAP, Oracle, Sage including Bloomberg, PRNewswire, integrations globally with Customer
Intacct, Microsoft Dynamics & Google News etc., fo Real time Credit and Carrier portals
Intuit Quickbooks Monitoring
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Triggers for Order to Cash Digital Transformation
How to diagnose if your organization can benefit from HighRadius Integrated Receivables
Enterprise Level Triggers
Low Automation No AI or Predictive Repetitive Work → Poor & Limited Expensive IT Landscape
Levels Analytics Presence Employee Dissatisfaction Reporting w/ fragmented tools
Function Level Triggers
Elevated Working High Bad Debt High Labor Cost, Fragmented Processes, Manually Intensive &
Capital Levels Levels Decentralized Policies, & Procedures Error Prone Process
Process Owner Level Triggers
Credit EIPP Cash Application Deductions Collections
● Manual aggregation of ● Cost in paper, printing, ● Labor intensive/manual ● Revenue leakage from ● Excel driven aging
reports data and mailing invoices cash applications invalid deductions ● No prioritization
● Complex scoring ● Inability to track invoice ● Multiple languages and ● Processing paper-based ● Labor-intensive cash
models delivery currencies trade deductions allocation
● Time-consuming data ● Large invoice volumes ● High bank key-in fees ● Manual research ● High past due AR
entry for applications ● Invoice errors causing ● Inefficient capture of ● Manual aggregation of balances
● Manual/lengthy reviews downstream collection remittance details from emails, FTP, and ● Large customer base,
for existing customers issues carrier portals invoice volume
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Autonomous Receivables
Credit EIPP Cash App Deductions Collections
Online Credit Merchant Branded Image Data Claim POD Backup Collection
Application Portal Capture Automation Strategies
Notes, Reminder &
Credit Bureau Email, EDI, Automated Trade
Invoice Templates Payment
Integration Web Data Capture Matching
Commitments
Dispute Shortage/ Price Dispute
Credit Scoring Invoice Matching
Management Variance Analysis Management
Payment Gateway Automated Claim Automated
Credit Workflow Deduction Coding
Integration Denial Packages Correspondence
Machine learning algorithm trained on
$7.7 trillion+ of receivables transaction data
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Autonomous Treasury
Cash Forecasting Cash Management
Centralized Visibility of
AI-enabled Cash Forecasting
Cash Position
Daily Forecasts at GL Account Automated Bank Statement
Level Parsing
Integration with ERPs, Banks Automated Transaction
FP&A Systems Categorization
Continuous Forecasting Daily and Intraday Cash Positions
Accuracy Improvement
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RadiusOne A/R Suite for Midsized Businesses
eInvoicing & Collections App Cash Reconciliation App Credit Risk App
Automated Bank Payment
Electronic Invoice Delivery Online Credit Application
Capture
Remittance Data Capture
Payment Acceptance Inbuilt Credit Data
From Multiple Sources
Automated & In-person Past Invoice Matching & Deduction
Automated Credit Scoring
Due Collections Coding
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Autonomous Accounting
Financial Close Account Reconciliation
AI-powered accounting anomaly Automated ledger
transaction detection reconciliation
Automated workflow and close task Data aggregation across ERP and
management financial systems into pre-built
templates
Connected Workspaces to eliminate Connected Workspaces to eliminate
100% excel spreadsheets 100% excel spreadsheets
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Credit Cloud reduces bad debt, enhances customer quality
Credit Cloud (CRD) Key Benefits
• Increase efficiency of customer data collection
through Online Credit Application
• Reduce customer on-boarding cycle time
• Increase efficiency of performing credit reviews on
customers by 40%
• Reduce risk of error, due to manual copy-pasting of
information from one system to another, by 70%
• Reduce approval cycle time by 10% through
pre-defined approval workflows
120% efficiency Reduced blocked 2x faster customer Reduced onboarding 125K customers
improvement orders by $100M onboarding time by 67% automated
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EIPP Cloud provides a one stop self service portal
EIPP cloud ( Electronic Invoice presentment and payment) Key Benefits
• Single repository providing buyer and suppliers
access to previous and current invoices
• Digitalize customer engagement providing them
one stop self-service portal
• Reduce Days sales outstanding (DSO)
• 100% automatic matching of payments made
through the EIPP
• Transform check customers to electronic payments
• Online payment channels for better customer
experience and faster collections
Savings in
98% Elimination Improved Billing Process Reduced CC Processing Increased Electronic Interchange fee
in Paper Costs Efficiency by 70% costs by 15% Adoption by 25%
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CAA solution helps clients improve liquidity and cash management
Cash Application Cloud (CAA) Key Benefits
• Achieve 95% + auto on-invoice hit rate
• Eliminate bank key-in costs
• Apply cash the same day the funds hit your bank
• Lower exceptions with AI enabled Remittance
Prediction
• Cloud-based architecture requires minimal or no IT
involvement and eliminates costly and difficult upgrades
85% on invoice 98.5% on invoice 75% Reduction in 80% reduction in 2X increase in invoice
hit rate hit rate operating expenses manual effort hit rate
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Deductions management Reduces Days Deduction Outstanding (DDO)
Deductions Cloud (DMS) Key Benefits
• Increase deduction/waiver/dispute recovery rate
• Reduce Days Deduction Outstanding (DDO) by
speeding research and making backup documentation
readily available
• Reduce Days Sales Outstanding (DSO) by speeding up
payments
• Accuracy & consistency in deductions management
through integrated workflow
• Increase efficiency of departments involved in research
by automating manual activity
200% Efficiency $1.4M improvement in Automated the process of
6 days reduction $1.6M increase in closed 0.5M claims documents
in DDO improvement dollar deductions Deductions Recovery
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Collections Cloud optimizes Working Capital, frees up cash
Collections Cloud (CLS) Key Benefits
• Increase collector efficiency by up to 30%
• Reduce Days Sales Outstanding (DSO) helping
collectors to focus on right customers at right time
• Reduce bad debt write-offs and operating costs
• Standardize process to rank and manage collections
activities
• Reduce Collection cycle time by sending payment
links via emails
$22 Million increase
88% decrease in # 4.5 days 75% Reduction in $6 Million increase
in cash flows
customers in worklist reduction in DSO past-due A/R in cash flows
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Anomaly Management
Key Features
Connectivity with Sources
Our integrated system uses APIs and SFTP to automate data Key Benefits
gathering from your ERPs, banks, and other financial systems.
Enhanced Efficiency
Custom Forecast Models Automation of forecasting eliminates manual work & scope of
The cloud solution designed for cash forecasting features a familiar errors, allowing teams to focus on higher-value tasks.
spreadsheet interface with error-free data entry allowing users to
build their models or customize existing ones. Improved Visibility
Centrally consolidated forecasts enable better cash repatriation,
Category and Entity-level Forecasts funding, and investing decisions over the short and long-term.
Using your own rules, or off-the-shelf algorithms for every category
at every entity, forecasts across multiple horizons can achieve up Increased Accuracy
to 95% accuracy. Utilizing and processing more data increases accuracy of forecasts
resulting in better liquidity & working capital management.
Key Analytics
The in-built analytics engine identifies variances, runs scenarios, and Better Decision-making
generates critical financial metrics across all cash categories to Automated reports with detailed information into future trends
support faster decision-making. inspires confidence in investment and borrowing decisions.
Business Intelligence Stronger Collaboration
Sharing detailed reports with stakeholders and collecting feedback Cloud-based platform enables multiple users to access,
via the solution allows for higher confidence in decision-making. update, edit, and share information.
AI-Powered Anomalies Detection to enable
Provides a list of potential anomalies that helps in addressing issues
proactively rather than waiting until month end for adjustments.
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Financial Close
Key Features
Detailed Close Project plan for Reducing Close Cycle Time
Ability to create detailed month-end close plans with specific close Key Benefits
tasks that assigned to various analysts.
● Up to 40% reduction in month-end close time
Connected Workspace
R2R Analysts and reviewers can share the work papers for each ● Audit-friendly and SOX compliant Finance Operations
close task category in a closed, spreadsheet like interface.
● 100% task and reporting completion
Automated Journal entry posting to ERP
Ability to record transactions in the application which will be ● Continuous Review for Smooth and accurate month-end
automatically posted into the ERP close
Task Specific Worksheets
Allow R2R Analysts to complete closing related tasks
pertaining to each functional category by helping validate
completeness of transactions and accuracy of amount
being booked.
Real-time visibility of Tasks Progress
Provides visibility to all stakeholders across the organization
on status of tasks, dependencies, delays and any action
that needs to be taken.
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Account Reconciliation
Key Features
Account Reconciliations Management with Automated Workflow
Ability to create account reconciliation project plans to assign Key Benefits
specific General Ledger accounts to R2R Analysts or Reviewers for
enhanced reconciliation process. ● Up to 90% automated matching for transaction matching
use cases
General Ledger Account Specific Reconciliation Templates
Allow users to leverage standard reconciliation templates (or ● Proactive review of Balance Sheet Reconciliations before
create their own templates) to accelerate reconciliation process. ledger close
Upfront Variance Analysis ● SOX Compliant and Audit-Ready
Provide variance analysis at GL account code level during the
month close process to identify whether material differences exist ● Faster and accurate Account Reconciliation process
(between GL and SL, and GL and External statements), allowing
users to correct variance before ledger close.
Matching Rules to Auto Reconcile Data Sets
Provide a set of existing matching rules or algorithms to reconcile
any 2 sets of data (General Ledger and Sub-ledger or General
Ledger and Bank statement)
Real-time Visibility of Tasks Progress to Stakeholders
Provide visibility to all stakeholders across the organization on status
of reconciliation, dependencies, delays and any action that needs
to be taken.
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Assessments & Compliance
Community & Accreditations Risk Assessments Frameworks
Global Compliance
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Secure frameworks and practices
RSA 2048 bit encryption
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Thank you!
