Leverage the Power of Accounts Receivable Software to Accelerate Cash Flow

Speed up payment collections and accelerate cash flow with HighRadius's AI-powered receivables solution. It automatically streamlines your process to make cash available faster than ever.

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See how AI can get you paid in less time

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Unlock the Highradius AR Automation Advantage

Effortlessly automate accounts receivable management, collections, and cash matching to accelerate cash flow and reduce manual work. Simplify your financial operations by managing everything in one powerful platform.

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Predict cash inflows

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Streamline Collections

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Accept Payments

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Track Performance

Cutting-edge accounts receivable software designed to streamline your entire receivables process.

Accelerate your cash flow by automating your invoice processing with our solution.

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Smart assigning of tasks based on the analyst’s bandwidth

30% increased recovery rate
  • AI algorithms to identify at-risk accounts
  • Streamline your collection efforts
  • Drive significant recovery improvements

Automate personalized emails to increase collections

3X collections Outreach
  • Craft personalized outreach at scale
  • Drive higher response rates
  • Ensure faster payment resolutions
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Leverage AI to optimize remittance processes

40% faster exception handling
  • Manage cash application exceptions with automated workflows
  • Intelligent automation to resolve cash app discrepancies swiftly
  • Reduced manual efforts and accelerated reconciliation

Enhance operational efficiency with faster deduction predictions

2X Deductions Resolved/Day
  • AI algorithms to identify invalid deductions
  • Eliminate guesswork in deduction validity
  • Faster deduction resolution process
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Minimize credit disruptions by forecasting blocked orders

Efficient Order Release Management
  • Unblock orders with automated workflows
  • Automated insights to swiftly resolve blocked orders
  • Reduced order turnaround times

Allow buyers to easily view and pay invoices at their convenience

100% Automated Invoice Delivery
  • User-friendly portal to streamline access to invoices
  • Real-time insights and easy invoice management
  • Empower customers to handle their accounts anytime, anywhere
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See how you get paid in less time with Accounts Receivable Software

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Within 6 months, our Receivables Management Software delivers

Here's how HighRadius' Advanced Accounts Receivable Solution is helping businesses unlock streamlined AR management and accelerate collections with AI-driven precision.

20%

Reduced interchange fee

100%

Automated Invoice Delivery

3X

Credit Reviews/Day

Our receivables management systems seamlessly integrate with your finance stack, enabling frictionless operations and faster cash flow.

HighRadius builds solid partnerships and offers robust integration capabilities to streamline your accounts receivable process.

Our receivables management systems seamlessly integrate with your finance stack, enabling frictionless operations and faster cash flow.

See what our customers are saying about our Accounts Receivable Software

customer-quote

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

Result

94% of Payments applied automatically to the ERP

100% Deductions auto-coded

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Laurent Gueritaine

Global Process Owner, Invoicing to Cash

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customer-quote

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

Result

82% Automated Cash Posting

100% Elimination of Lockbox Fee Saving $64,000 Annually

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Carolyn Etress

Director of Accounts Receivables

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Ready to Transform Your Accounts Receivable Management?

Take control of your cash flow with HighRadius' accounts receivable management software, the leading automated AR solution. Our platform provides unmatched control, reducing DSO and enhancing collection efficiency. By automating manual tasks and leveraging data-driven insights, it empowers financial leaders to make proactive decisions, boosting efficiency and improving the bottom line.

Talk To Our Experts

FAQs: AI-Based Accounts Receivable Automation Software

What are accounts receivable automation software solutions?

Accounts receivable automation software solutions are tools designed to enhance the efficiency of managing outstanding invoices and payments. They integrate seamlessly with existing financial systems and automate key tasks such as invoice generation, payment processing, and account reconciliation. Utilizing AI and machine learning, these solutions improve accuracy, reduce manual effort, and provide real-time visibility into cash flow, helping businesses optimize their receivables management process.

What are the benefits of AR automation solution providers?

AR automation solution providers reduce past-due invoices, improve cash flow, and boost productivity across AR processes. Leveraging AI, they automate tasks like invoice matching, dispute resolution, credit assessment, and payment processing, resulting in faster operations and higher efficiency.

How does an accounts receivable automation solution software improve DSO?

Accounts receivable automation solution reduces DSO by leveraging AI to prioritize accounts, automate email correspondences with smart payment links, and facilitate one-click calling with auto-transcription and follow-up emails. It streamlines operations and accelerates receivables recovery, leading to faster payments.

What are the best features that a B2B accounts receivable platform should have?

The best B2B accounts receivable platform should provide comprehensive automation for the entire AR process. Essential features include AI-driven invoice matching to enhance accuracy, automated dispute management to resolve issues swiftly, and real-time credit risk assessment for informed decision-making. Additionally, electronic invoicing with payment integration ensures a seamless operation, ultimately boosting productivity across the finance team.

How does your cloud solution compare to other software for accounts receivables?

Our accounts receivables software stands out with its AI-Prioritized Worklist, which utilizes insights from over $10.3 trillion in financial data to predict customer payment delays up to 30 days in advance. Key features include an In-App Dialer for streamlined communication, FreedaGPT for automated note-taking, and robust integration capabilities with ERPs and banks. These enhancements allow for more efficient workflows, improved accuracy, and faster collections compared to other solutions on the market.

Does the accounts receivable platform integrate with my ERP?

Yes, our accounts receivable platform integrates with your ERP. It offers out-of-the-box connectivity with ERPs like SAP, Oracle NetSuite, Microsoft Dynamics, and Sage Intacct. It also supports API integration for QuickBooks, Sage Intacct, and Microsoft Business Central.

How much time does it take to implement your AR automation tools?

Our ‘Speed to Value’ methodology ensures swift implementation and ROI within 3 to 6 months. The 5-step approach prioritizes out-of-the-box deployment of high-impact requirements and leverages agile methodologies, preconfigured templates, and advanced automation, ensuring faster user adoption and quicker value realization.

Does the accounts receivable collection software integrate with my bank?

Yes, our AR Automation Software integrates with major banks and supporting institutions like BofA, Citi, PNC, Chase, Wells Fargo, HSBC, ING, etc. It supports formats like BAI, MT940, and MT942, and for low-volume scenarios, CSV and Excel imports, ensuring flexibility and convenience.

How much IT involvement is needed to maintain accounts receivable management solutions?

Our cloud accounts receivable management solutions require minimal IT involvement. With seamless plug-and-play ERP integration using real-time APIs and HEX (SFTP) connectors, pre-built modules, and best practices, remote deployment is easy, reducing IT dependencies.

How does your AR management software handle data security and privacy?

We prioritize data security and privacy, adhering to standards like GDPR, ISO, PCI DSS, HIPAA, and SOC. We use robust encryption protocols and role-based access controls to protect financial data, ensuring confidentiality and regulatory compliance.