Cash Application Cloud supports all types of payments such as checks, wire transfers, ACH, credit cards, debit cards, SEPA direct debit, GiroPay.
HighRadius Cash Application Software helps you significantly reduce your lockbox data capture fees by accurately capturing check remittance data with AI-based multi-OCR engines. The scanned check image quality is enhanced with AI capabilities by ensuring minimal noise.
Cash application is not complete until the payments are successfully posted to ERP. HighRadius Cash Application Software enables integration with your legacy systems and existing ERPs like SAP, JD Edwards, MS Dynamics, Infor, NetSuite & others, each with their unique configurations.
HighRadius Cash Application Cloud is highly configurable. Based on your business requirements, Cash Application Software can support various payment file formats(BAI2, MT940) and 20+ remittance formats(CSV, Excel, JPEG). Additionally, Cash Application Cloud supports 10+ Latin and Non-Latin languages.
HighRadius Cash Application Software enables the end-to-end automation of the cash application process to help you achieve 95% straight-through cash posting and 100% savings in lockbox data capture fees. With automated remittance data capture, AI-based invoice matching with payments, and deduction coding, your analysts can focus on exception handling. Cash Application Cloud simplifies exception handling with the help of AI-based exception handling recommendations.
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We have seen financial services costs decline by $2.5M while the volume, quality, and productivity increase.
Colleen Zdrojewski
Trusted By 800+ Global Businesses
