HighRadius Launches RadiusOne A/R Suite to Automate Accounts Receivable for Midsized Businesses

With lightning-fast deployment in weeks, the solution includes automation for eInvoicing & Collections, Cash Reconciliation and Credit Risk Management

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, announced the launch of RadiusOne A/R Suite for midsized businesses. With simpler user experience and faster time-to-value, the solution reinforces HighRadius’ investment in innovation and vision to make Accounts Receivable automation a key catalyst for business growth.

Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing

“COVID-19 is putting a lot of working capital strain on businesses globally. We are hoping to help by automating clerical A/R processes for midsized businesses and by reducing the friction for supplier A/R teams to digitally collaborate with their buyers and A/P teams.”

In the face of escalating focus on cash flow due to a slowdown in A/R collections, midsized businesses are looking for sophisticated work-from-anywhere accounts receivable solutions to continuously monitor risk of their entire customer portfolio and perform effective collections. RadiusOne A/R Suite uniquely positions itself in an untapped and underserved market by offering an eInvoicing & Collections App, Cash Reconciliation App and Credit Risk App to help midsized businesses wield accounts receivable automation technology to overcome their biggest challenges in working capital optimization.

Read More: Celsius Network and Prime Trust partner to secure depositors funds and offer low-cost credit

“We launched the RadiusOne B2B Network to facilitate suppliers and A/R teams to digitally connect with their buyers and A/P teams for faster processing of receivables and payments. Currently, the network has millions of active businesses. The RadiusOne A/R Suite will provide the essential apps for A/R teams at midsized businesses to instantly plug their ERPs and A/R processes into this network and digitally connect with their buyers across the globe,” said Sashi Narahari, Founder & CEO, HighRadius. “COVID-19 is putting a lot of working capital strain on businesses globally. We are hoping to help by automating clerical A/R processes for midsized businesses and by reducing the friction for supplier A/R teams to digitally collaborate with their buyers and A/P teams.”

Read More: Former U.S. Secretary of Commerce, Penny Pritzker, Doubles Down on Payments Infrastructure Pioneer Finix

Leave a Reply

Your email address will not be published. Required fields are marked *