March 11, 2024
HighRadius Honored As ‘SaaS Startup of the Year’ at SaaSBoomi 2024
Global fintech leader rises from upstart to 1000 clients, processing $10 trillion in finance transactions annually.
HOUSTON, TX and HYDERABAD, IN – March 11, 2023 – HighRadius was named Startup of the Year in India among software companies at SaaSBoomi 2024 in Chennai, India. SaaSBoomi stands as the world's largest pay-it-forward community, encompassing over 6,000 software-as-a-service companies.
"From the community of 6000+ companies we have received lots of nominations. We narrowed it down to a final list of 7 companies. We used 5 parameters: revenue, profitability, per-employee contribution, revenue-to-funding ratio, and quality of SaaS revenue as metrics to determine the winner. HighRadius came out as a unanimous choice from all the 5 people on the jury," said Suresh Sambandam, co-founder of SaaSBoomi, who was part of the jury.
Operating with dual headquarters in Hyderabad and Houston, HighRadius embodies a unique "East meets mainstream America" culture. This approach stands in contrast to the typical ethos of Silicon Valley startups. While reflecting on his journey, Founder and CEO, Sashi Narahari said, “I want to extend my thanks to the 3,500+ HighRadians for their consistent dedication and relentless execution year after year. We call it Be Humble, Ready to Rumble!”
About HighRadius Corporation
HighRadius offers cloud-based autonomous software for the office of the CFO. More than 1000 leading companies have transformed their order-to-cash, treasury, record-to-report and accounts payable processes with HighRadius. Our customers include 3M, Unilever, Anheuser-Busch InBev, Sanofi, Engie GBS Solutions, Kellogg Company, Danone, Hershey's, and many more.
Autonomous software is data-driven software that continuously morphs its behavior to the ever-changing underlying domain transactional data. It brings modern digital transformation capabilities like artificial intelligence, robotic process automation, natural language processing, and connected workspaces as out-of-the-box features for the finance & accounting domain.
Before the availability of autonomous software, finance stakeholders had to pick between a digital replacement of a paper-based solution or build & maintain custom RPA/AI-based tools in-house. In contrast, HighRadius' autonomous platform combines the best of both worlds to deliver measurable business outcomes such as DSO reduction, working capital optimization, bad-debt reduction, reduced month-end close timelines, and improved productivity in under six months.
