Streamlining Cash Reconciliation to Achieve a 99% Hit Rate on Invoices
Impact Achieved
50%
cut down in cash posting time
99%
item level hit rate
60%
increase in team productivity
“”The HighRadius solution has significantly reduced cash posting time by providing an intuitive platform for matching payments and orchestrating the link between the bank and FactorFox. The solution’s impact on our operations can be summarized in two words: accuracy and speed.”
Raj Parikh
Co-owner
Parikh Financial LLC
