Cash Application Management

Remote Deposit Capture

Check Deposit to Banks. Automates the capture of both remittances and check information for deposit and cash application.

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Key Features

AI-based E-Mail Remittance Capture

Multi-Scanner connectivity

Pre-built integrations with Check Scanners/Mobile Devices.

AI-based E-Mail Remittance Capture

Auto-Validate Checks

Automated validation of captured check information to validate MICR and detect duplicates.

AI-based E-Mail Remittance Capture

Automated Check Deposit

Deposit checks to banks via ICL files, and capture remittances for Application of Cash.

400+ Enterprise Customers

Enterprise Customers

600+ Mid-Market Customers

Enterprise Customers
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Frequently Asked Questions

Does the cash application software integrate with ERP and other systems?

HighRadius' industry-defining Speed to Value methodology ensures faster time to implementation and quicker ROI (in 3 to 6 months) through a combination of out-of-the-box functionalities, agile implementation methodologies, and a focus on the outcome metrics.

Does HighRadius cash application software integrate with banks?

As a part of our partner programs, we collaborate with various banks and financial institutions to automatically capture payment information from all the industry-standard bank payment files and formats.

How much time does it take to implement HighRadius Cash Application Cloud software?

HighRadius' industry-defining Speed to Value methodology ensures faster time to implementation and quicker ROI (in 3 to 6 months) through a combination of out-of-the-box functionalities, agile implementation methodologies, and a focus on the outcome metrics.

What are the benefits of automated cash applications?

Our automated cash application software helps you achieve faster and more accurate cash posting, save 100% lockbox key-in fees, and eliminate the hassle of manually collecting remittance data.

What are the major challenges in the cash application process?

Manual remittance data capture from various formats and sources, paying lockbox fees for checks, coding ERP codes to disputes, and missing remittance scenarios are the major challenges, to name a few.

What is the pricing for your cash application software?

Typically, our pricing has two components: the one-time setup fees and a monthly recurring subscription fee. You can get on a call with us and get customized pricing according to your business needs.

How does the software handle data security and privacy?

Security is of paramount importance to each of our customers, as it is to us. We are SSAE16 Soc I Type II certified, PCI-DSS compliant, and CSA registered. We strictly follow all industry standards and best practices.

How many banks does your system currently support?

Bank of America, JP Morgan, CITI, Scotia, Wells Fargo, etc., to name a few. We have integration with a lot of banks.