Autonomous Finance Platform
HighRadius Autonomous FinanceReviews from AWS customer
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High radius software- the best softwares for businesses
What do you like best about the product?
There are many account receivables software in the market, but this software is easy to use and I think it is more budget friendly as compared to rest. I have used different high-tech software such as apollo.io and contact put ( different domain) but they all have some issues in operating ( according to me ).
What do you dislike about the product?
The softwares pop-ups are ok but I don't like content pop-ups, they are quite irritating
What problems is the product solving and how is that benefiting you?
It resolves problems like late payments, high day sales in a very efficient manner.
User Friendly
What do you like best about the product?
This is the most significant advantage. HighRadius leverages AI, Machine Learning, and RPA (Robotic Process Automation) to automate virtually every step of the AR process, from credit management to cash application, collections, and deductions.
What do you dislike about the product?
Despite its automation, the system can be complex to set up and master, especially for users not accustomed to advanced AR automation solutions. This often leads to a significant learning curve.
What problems is the product solving and how is that benefiting you?
Manually applying incoming cash to invoices, especially with complex remittances (multiple invoices, deductions, partial payments), was a huge time sink. This led to delays in cash reconciliation, an inaccurate view of outstanding receivables,
Best Software to use
What do you like best about the product?
I like this software which is helpful to manage accounts work and for office purpose also lo
What do you dislike about the product?
All features are good. I like every feature in this
What problems is the product solving and how is that benefiting you?
It is very helpful for me on solving 1 lakh + data and calculate them
HighRadius experience through Accounts Receivable
What do you like best about the product?
HighRadius portal is a great resource to find claims invoices that are not found in the Walmart Portal I frequently use this portal as a resource to remittances. The portal is easy to use when researching invoices. I also like the option of customer support.
What do you dislike about the product?
I dislike that claims invoices are also sent to our payables department even though they balances are deducted from the remittance. Receiving 1-10 emails is not needed
What problems is the product solving and how is that benefiting you?
HighRadius provides a data base for deductions. It displays outstanding claims, and the descriptions which aids in coding per audit procedures. Retaining these claims is very helpful to find in one place.
user friendly reduces manpower work
What do you like best about the product?
HighRadius Accounts Receivables this software is digitally used treasury \ order to cash it uses features like AI , Natural language , no - code language used
What do you dislike about the product?
it takes too much time to upload any file slow process not that much transparency
What problems is the product solving and how is that benefiting you?
in many business mannual process are very overloaded and inefficiency all to all it this software provide AI real time insights
AR automation helped me in allocating more time to technical work
What do you like best about the product?
The best is integration with SAP ERP, and the dashboards look nice and easy
What do you dislike about the product?
Customization is kind of hard and the customer response time is long.
What problems is the product solving and how is that benefiting you?
Highradius was a big help in automating our accounts receivable processes. It saved our time with ARs. For a startup time is very important factor.
Best Software
What do you like best about the product?
Highradius gives the automated collection process which helps to manage business and also they have more features like integrated workflows, credit management etc
What do you dislike about the product?
Nothing all features are good and easy to use
What problems is the product solving and how is that benefiting you?
Highradius software is overall good to use it helps us to manage accounts data
Good Cash management and reconciliation tools to streamline cash posting process
What do you like best about the product?
Integration of different remittances and payment details from bank of America. It eases the reconciliation process by bringing together different remittance souces on 1 place.
What do you dislike about the product?
The support and development team is slow with resolution and take longer. Plus there are development gaps which does not bridge the process well.
What problems is the product solving and how is that benefiting you?
Cash Reconciliation process to streamline different payment types in integration with bank of America. It provides 1 platform to handle all cash received from client across multiple bank accounts.
Collections/Cash/EIPP Review
What do you like best about the product?
Velocity in correspondence with customers and accuracy in posting of payments etc.
What do you dislike about the product?
At times the functionality will disappear when new releases come out.
What problems is the product solving and how is that benefiting you?
ARAging/DSO, Cash posting automation.
Technology Partner
What do you like best about the product?
Improved our straight through processing from 3% to 85%. We have complete visibility over our receivables and customer payments.
What do you dislike about the product?
Challenging to keep up with all the innovations and product releases and whether we are taking advantage of them.
What problems is the product solving and how is that benefiting you?
Sometimes latency and interpretation of the issues with HighFive.
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