HighRadius Partners with HCLTech to Deliver Measurable Value Creation for the Office of the CFO
Combining HCLTech's industry expertise in finance and accounting (F&A) services with HighRadius' autonomous finance platform, the partnership seeks to simplify AI complexities.
HOUSTON TX, Feb 21, 2025— HighRadius has announced a strategic partnership with HCLTech, a leading global technology company, to deliver an AI-powered autonomous finance platform improving business outcomes across order-to-cash, treasury, record-to-report, B2B payments, and accounts payable processes.
The platform streamlines financial operations resulting in outcomes like 20% reduction in DSO/past dues, 50% reduced invoice processing cost, 70% more productive cash management, 100% accurate financial reporting and more.
“We are proud to bring our extensive expertise to the finance domain in collaboration with HighRadius. Together, we are delivering cutting-edge digital innovation and GenAI-powered finance solutions that drive measurable outcomes. This partnership exemplifies our commitment to transforming the finance landscape and empowering businesses to achieve remarkable efficiency and growth,” said Pankaj Parikh, Senior Vice President, Digital Process Operations, HCLTech.
"CFOs need to see rapid ROI from their technology investments. Through our partnership with HCLTech and our Speed to Value approach, customers realize 80% of the projected value between two to six months. This accelerated timeline is a game-changer for finance leaders looking to quickly impact their bottom line" said Indy Chakrabarti, Chief Marketing Officer at HighRadius.
About HighRadius
HighRadius offers cloud-based autonomous software designed to revolutionize the Office of the CFO. Leveraging AI, RPA, NLP, and connected workspaces, HighRadius’ software automates and optimizes Order-to-Cash, Treasury, Record-to-Report, B2B Payments, and Accounts Payable processes. With 2700+ implementations across 1,000 leading companies, including 3M, Unilever, and Hershey's, HighRadius enables finance teams to achieve operational excellence and measurable business outcomes, enhancing productivity and reducing operational costs, all within six months.
For more information, visit HighRadius’ Website
About HCLTech
HCLTech is a global technology company, home to more than 218,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG and Public Services. Consolidated revenues as of 12 months ending September 2024 totaled $13.7 billion. To learn how we can supercharge progress for you, visit hcltech.com.
Media Contact
HighRadius Communications Team
press@highradius.com
