The focus of technology and innovation at HighRadius has always been to empower credit and receivables teams to achieve better outcomes and improve profitability by reducing bad-debt and DSO.
Houston, Texas (PRWEB) September 08, 2017
The Golden Bridge Awards announced that the HighRadius™ Integrated Receivables solution won Silver in the New Products and Services - Cloud Computing/SaaS/Internet category. With this award, Golden Bridge and the panel of peer judges recognize that the HighRadius Integrated Receivables solution is a standout, going beyond the simple automation of credit-to-cash processes to provide finance leaders unparalleled visibility into the entire credit-to-cash cycle.
The Golden Bridge Awards are an annual industry and peer-recognition program that honors the best companies to generate industry-wide recognition of their achievements and positive contributions. Organizations and their agencies from all over the world, ranging from the world’s largest companies to small start-ups, actively participate in these award programs each year.
The HighRadius Integrated Receivables solution is uniquely powered by the Rivana™ Artificial Intelligence Engine, empowering credit and A/R leaders to make fast and accurate decisions based on conclusions deduced from live customer data. The solution digitally connects the organization to its customers via the radiusOne™ B2B Payment Network, closing the loop from the supplier A/R process to the buyer A/P process, resulting in reduced transaction costs and improved revenue and cashflow for both parties.
The Golden Bridge Gold award selection of the HighRadius Integrated Receivables solution highlights the importance of incorporating advanced technology to support the commitment for transformation in credit and accounts receivable. An artificial intelligence-enabled solution, Integrated Receivables frees up time to drive strategic changes that directly impact KPIs including day sales outstanding (DSO) and bad-debt. This is a big step forward for credit and A/R teams, who traditionally spend too much time and resources in manually handling siloed processes across piecemeal solutions.
At the core of the HighRadius Integrated Receivable platform is a single source of truth that unifies the credit-to-cash processes including credit, collections, deductions, cash application and electronic billing and payment processing. The system helps reduce bad-debt, enables faster dispute resolution, and increases straight through processing rates for cash application, while minimizing human intervention. Additionally, the high-powered Rivana engine aids in decision-making by predicting outcomes based on customer behavior. Book your slot to learn more about Integrated Receivables.
Commenting on the win, Sashi Narahari, CEO and President, HighRadius, said, “The focus of technology and innovation at HighRadius has always been to empower credit and receivables teams to achieve better outcomes and improve profitability by reducing bad-debt and DSO. This award is a testament that Golden Bridge recognizes our cutting-edge contributions toward improving company’s credit and A/R business processes worldwide.”
For more information on Integrated Receivables, please click here.
About Golden Bridge Awards
Golden Bridge Awards are an annual industry and peer-recognition program honoring the best companies of all types and sizes in North America, Europe, Middle-East, Africa, Asia-Pacific, and Latin-America, Best Products, Innovations, Management and Teams, Women in Business and the Professions, and PR and Marketing Campaigns from all over the world. Learn more about The Golden Bridge Awards at http://www.goldenbridgeawards.com.
About HighRadius Corporation
HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company. The HighRadius™ Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing and payment processing. Powered by the Rivana™ Artificial Intelligence Engine, HighRadius™ Integrated Receivables enables teams to leverage machine learning for accurate decision making and future outcomes. The RadiusOne™ B2B payment network allows suppliers to digitally connect with buyers, closing the loop from supplier receivable processes to buyer payable processes. HighRadius solutions have a proven track record of optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, and increasing operational efficiency so that companies may achieve strong ROI in just a few months.
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