Autonomous Finance Platform
HighRadius Autonomous FinanceReviews from AWS customer
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Effective Cash Application with Minimal Manual Intervention
What do you like best about the product?
I find HighRadius Accounts Receivables effective in applying cash effectively, significantly reducing the need for manual intervention through its impressive auto matching rate (AMR). The capability to flag exceptions, create hi-fi tickets, and resolve them is going well for us. The seamless integration with our existing systems like Workday is another highlight.
What do you dislike about the product?
I don't like that HighRadius Accounts Receivables doesn't deliver auto MIS or auto reports to management who don't have the Hiretius license but are still key decision makers and need access to information.
What problems is the product solving and how is that benefiting you?
I find HighRadius effective for applying cash, reducing manual intervention with auto matching rates and enabling exception management through ticketing.
Awesome Product
What do you like best about the product?
HighRadius Accounts Receivable has transformed our cash application and collections process. Automation improved straight-through processing and reduced manual work, giving our team more time to focus on high-value tasks. The dashboards provide clear visibility into DSO and forecasting, helping us drive faster payments and stronger cash flow.
What do you dislike about the product?
N/A, we liked everything about highradius
What problems is the product solving and how is that benefiting you?
HighRadius AR has streamlined our collections and cash application with strong automation and clear dashboards, helping us reduce DSO and improve cash flow. The platform saves significant manual effort and scales well with volume. Implementation required careful planning and OCR accuracy can improve, but the overall benefits far outweigh these challenges.
OTR Solutions has had a good experience overall with using HighRadius for cash application.
What do you like best about the product?
I like that HighRadius has been a customizable platform for us to apply payments. We have a very large volume of line items received daily, so having a reliable resource that matches remittances and correctly applies the payments is extremely helpful for us. I like how the platform tries to predict what actions need to be taken, such as matching a remittance it thinks may be suited for the payment.
What do you dislike about the product?
I think a weakness of the system is the inability to read non-traditional remittance formats, which can understandably be difficult but it's something that can hinder our match percentages drastically. I also think that due to our large volume of payments and remittances, this can slow down the website when it comes to searching past payments or searching for a remittance on the remittance linking page.
What problems is the product solving and how is that benefiting you?
Automation of majority of payments is a huge benefit for OTR. Before using HighRadius, we were automating less than 20% of payments daily, while we are currently over 70% automation. This has freed up time for the team to pursue other responsibilities instead of manual payment application. HighRadius also fixed the issue of allowing for transparency, specifically regarding the history of a payment and what actions were taken on the payment, as well as transparency with access to our payments that the rest of the company can see. Previously, my team was the only people allowed to have access to see our received payments, but now we have view only roles for others in the company to allow them to research payments which increases the overall efficiency of the departments that are involved in seeing payment transactions.
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
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