From Data to Dollars: Unleash the Power of AI in Accounts Receivables

Add millions to your bottom line with AI-powered receivables that predict late payments, validate deductions, spot blocked orders & automate remittance aggregation.

  • Improve Net Recovery Rate by 30% With AI Deductions Validity Predictor
  • Reduce bad debt by 20% with AI-powered Blocked Order Management
  • Reduce past-due by 20% with AI Prioritized Worklist

Unlock $6Mn in Working Capital with AI-Based A/R Automation

Trusted By Finance Teams across the Globe

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AI in Action: Transforming Every Step of Your Order-to-Cash Process

Predict Delinquent Customers 30 days in Advance with the AI Prioritized Worklist:

  • AI algorithms analyze 20+ variables & payment history to prioritize customers
  • Suggests actions and assigns accounts based on the collector’s bandwidth
See it in action

Reduce research time by identifying valid & invalid deductions with the AI Deductions Validity Predictor -

  • Predicts Deduction validity and segregates probable valid and invalid Deductions
  • Allows deduction Analysts to prioritize recovering invalid Deductions.
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Predict Upcoming Blocked Orders for the next 3 days with Blocked Order Management that

  • Reduces blocked orders by 30% with AI-driven prediction of upcoming blocked orders
  • Proactively alerts credit analysts and auto-releases a subset of the blocked orders upon approval
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Automate Check Image Capture with AI Remittance Aggregation that

  • Auto-captures unstructured remittance info using AI to read it from emails
  • Uses multiple OCR engines to read each character precisely from check images
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Handle Twice the Number of Exceptions Every Day with AI-guided Exception Management that

  • Solves missing remittance issues by predicting remittance details from past payment patterns
  • Resolves exceptions faster by auto-assigning exception payments to an analyst’s worklist
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FreedaGPT - AI-Powered Assistant for the CFO's Office

Simplify complex tasks with FreedaGPT: AI that makes finance easier

Email Compose

FreedaGPT Email Compose

FreedaGPT auto-drafts tailored collection email responses with attachments automatically.

FreedaGPT Insights

FreedaGPT Insights

FreedaGPT generates instant, intuitive reports and dashboards with simple English prompts.

FreedaGPT Call Assistant

FreedaGPT Call Assistant

FreedaGPT captures call details, drafts follow-up emails, and logs action items automatically.

FreedaGPT Support

FreedaGPT Support

FreedaGPT helps HighRadius users resolve issues quicker through self-service prompts.

This is How Our Customers Transformed Their Accounts Receivables Process with AI

case-study

HighRadius was able to provide a solution that eliminated manual operation by providing efficiency throughout our A/R processes

  • 94% payments applied automatically to the ERP
  • 100% deductions auto-coded

Result

Laurent Gueritaine

Laurent Gueritaine

Global Process Owner, Invoicing to Cash

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case-study

HighRadius has the cash application cloud that goes beyond what the banks and traditional ERP programs do, to support faster payments processing.

  • 82% Automated Cash Posting
  • 100% Elimination of Lockbox Fee Saving $64,000 Annually

Result

Santiago Tommasi

Carolyn Etress

Director of Accounts Receivables

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Your Data, Safe and Protected - Always

We prioritize your data privacy and security at every level. FreedaGPT leverages enterprise-grade Large Language Models (LLMs) like OpenAI, combined with HighRadius’ proprietary domain-specific Big Data, to deliver robust protection and precision tailored to your needs.

Email Compose

Data Handling and Transmission

No PII (Personal Identifiable Information) Data Sent: FreedaGPT ensures that no PII (Personal Identifiable Information) data is transmitted to the LLM API during conversations.

Schema Sharing: Only the database schema of relevant views is shared with LLM to facilitate the conversation.

FreedaGPT Insights

Query Validation and Data Security

SQL Validation: SQL generated by LLM is thoroughly validated to ensure accuracy and compliance with data security measures.

Data Security: FreedaGPT adds an additional layer of data security by validating and enhancing the generated queries before execution. This helps prevent unauthorized access and data breaches

FreedaGPT Call Assistant

Execution and Visualization

Execution: The validated queries are executed on a secure and scalable data platform.

Chart Generation: The results are used to generate insightful charts and visualizations that help users understand the data better.

Take the first step in your Accounts Receivable transformation and learn about the power of Artificial Intelligence!

Book a Discovery Call