Highradius’ newly certified Payments OnDemand solution leverages modern technologies and processor tokenization services to maximize credit card security.
HOUSTON – August 13, 2012 – HighRadius today announced its Payments OnDemand solution has completed its SAP certification as powered by the SAP NetWeaver technology platform. Card Payments for SAP enables companies to accept electronic payments across SAP solutions, such as order management, accounts receivable, collections, disputes, Biller Direct, CRM and e-commerce. The PCI-DSS compliant solution uses cloud technology to leverage processors’ tokenization services which eliminates the need for the merchant or HighRadius to store credit card information. This minimizes risk and the effort and cost of achieving PCI-DSS compliance for the merchant. A low footprint, native SAP component speeds up deployment while eliminating the need for additional hardware.
This solution has been certified for integration with SAP Netweaver 7.00 via the SAP integration scenario ABAP Add-On Deployment for SAP NetWeaver which confirms the technical and syntactical consistency of the Add-On. Merchants running SAP can leverage the Payments OnDemand solution across multiple payment origination points in SAP. Merchants can accept credit cards when orders are created in SAP Sales & Distribution (SD) or SAP CRM. Merchants call also accept credit card payments directly in SAP Finance & Controlling (FICO) or Collections Management modules for open items. Additionally customers can pay their bills online in self-service mode by leveraging SAP Electronic Invoice Present & Payment (EIPP) solution called Biller Direct as well as their e-commerce stores with direct integration into SAP This standard integration means that these features can be supported at significantly lower cost with minimal implementation.
“We are excited that our newest payments solutions has been officially certified for integration with the SAP NetWeaver technology platform because this provides our customers with a deep level of integration that will not only increase their revenue streams, but will also reduce DSO and collection risk,” said Sashi Narahari, Chief Executive Officer at HighRadius Corporation. He continued by saying that, “We have applied our extensive background and experience working with and implementing SAP systems to making our new payments solution easier to deploy in production than anything else on the market. Our partners and customers have already realized the benefits of this in the form of drastically reduced deployment risk and project costs.”
About HighRadius
HighRadius provides software solutions that optimize Credit-to-Cash cycles across functions such as credit, collections, cash application, deductions, invoice presentment and payments. HighRadius Receivables OnDemand suite automates the entire credit-to-cash cycle and is delivered as software-as-a-service (SaaS) in the cloud. HighRadius Payments OnDemand suite is a cloud-based PCI-DSS compliant solution that enables companies to accept credit card payments into SAP. HighRadius Accelerators for SAP Receivables Management enable large enterprises to quickly deploy and optimize standard functionality as well as leverage their SAP investment with lower TCO. HighRadius’ solutions have a proven track record of reducing days sales outstanding (DSO), bad debit and increasing operation efficiency enabling companies to achieve an ROI in few months. Please visit
www.highradius.com to learn more.
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For More Information Contact:
Tara Gallagher
tara.gallagher@highradius.com
