Cash Application Management

Deduction Auto Coding

Reduced Revenue Leakage. Pre-built algorithms to automate the coding of deductions and discounts.

highradius

Deduction Auto Coding Key Features

AI-based E-Mail Remittance Capture

Reason Coding Library

Use a pre-built reason code library to translate short-pay reasons into ERP-specific codes.

AI-based E-Mail Remittance Capture

Automated Discount Handling

Handle 20+ discount scenarios. Validate and process early payment discounts automatically.

AI-based E-Mail Remittance Capture

Automated GL Write-Off

Automate write-offs. Direct small deductions, FX, and bank fees to specific GL accounts.

400+ Enterprise Customers

Enterprise Customers

600+ Mid-Market Customers

Enterprise Customers

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FAQs: AI-Powered Cash Application Automation Software Systems

What is deduction auto coding and how does it reduce revenue leakage?

Deduction auto coding uses a prebuilt algorithm to identify reasons for customers' short-payments and automatically codes these deductions, significantly reducing revenue leakage.

How does the Reason Coding Library work in automated GL write-off?

The Reason Coding Library includes pre-built reason codes to identify short-pay reasons and convert them to ERP-specific codes, facilitating efficient and accurate automated GL write-offs.

What scenarios does the Automated Discount Handling software manage?

The Automated Discount Handling software manages over 20 discount scenarios, such as applying a 2% discount if customers pay within 15 days, ensuring accurate and automated discount handling.

How does automated GL write-off work with specific GL accounts?

Automated GL write-off uses configurable rules to write off items like bank fees, FX, and low-dollar deductions to specific GL accounts, ensuring precise and automated financial management.

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