About HighRadius
HighRadius is a commercial software company that sells automation for finance departments, positioned as a single platform for the office of the CFO. Its products target order-to-cash, accounts payable, B2B payments, consolidation and reporting, close and reconciliation, and treasury and risk, with AI features used throughout to reduce manual work.
Order-to-cash modules include collections, cash application, deduction management, credit management and electronic invoicing. The accounts payable side covers AP automation, a supplier portal and vendor payments, and the payments side covers a payment gateway, credit card surcharging and interchange fee optimization. Treasury offerings include cash management, cash forecasting and treasury payments, and the vendor lists a generative AI assistant for CFO teams.
HighRadius highlights integrations with SAP, Oracle, Microsoft Dynamics and NetSuite, and offers solutions for large enterprises and mid-sized organizations. It is a hosted service sold through its sales team, with a pricing page and case studies on the website.
Key features
- Collections and cash application automation
- Deduction and credit management
- AP automation with supplier portal
- Financial close and reconciliation tools
- Cash management and forecasting
- Integrations with SAP, Oracle, Dynamics and NetSuite
Good fit for
- →Enterprise finance teams reducing days sales outstanding
- →Controllers speeding up month-end close
- →Treasury teams forecasting cash
- Tags
- order-to-cash
- accounts-receivable
- treasury
- financial-close
- ap-automation
- erp-integration
- finance-automation
HighRadius: questions and answers
- What is HighRadius used for?
- HighRadius is autonomous finance software for order-to-cash, accounts payable, close and treasury, aimed at large finance teams. It is a good fit for enterprise finance teams reducing days sales outstanding, controllers speeding up month-end close and treasury teams forecasting cash.
- How much does HighRadius cost?
- HighRadius doesn't publish fixed prices; pricing is quoted on request.
- Is HighRadius open source?
- No. HighRadius is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Bitcoin Core, Hyperswitch and Lago.
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