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What is HighRadius?

HighRadius is a technology-driven financial services company that leverages AI-powered Autonomous Systems to streamline finance operations, including Order-to-Cash, Record-to-Report, and Treasury management, for various businesses. Our advanced Autonomous Software platform, designed specifically for the Office of the CFO, harnesses AI to help organizations reduce Days Sales Outstanding (DSO), enhance working capital efficiency, expedite financial closures, and boost overall productivity. With a track record of assisting over 700 prominent organizations, ranging from large enterprises to mid-sized firms, HighRadius has successfully revolutionized finance workflows in areas such as O2C, treasury, and R2R. Our comprehensive Order-to-Cash solutions encompass Credit Risk Management, AR Collections, Cash Application, Deduction Management, as well as E-Invoicing and Payment software. Additionally, we provide sophisticated Treasury management tools, including Cash Management and Cash Forecasting software, while our Accounting solutions feature Financial Close Management, Account Reconciliation, and Anomaly Management software, ensuring a holistic approach to financial efficiency. By integrating these solutions, HighRadius empowers organizations to achieve greater financial accuracy and operational agility.

What is Anchor?

Anchor is specifically designed to address the unique billing needs of service providers, significantly improving efficiency and cutting down on costs, energy usage, and numerous work hours. This accounts receivable automation platform revolutionizes conventional billing practices by fully automating the entire process, turning what was once a laborious task into a seamless experience for both vendors and their customers. In order to create a completely autonomous billing system that effectively completes the cycle without errors, we understood the importance of starting at the agreement phase between a vendor and their client. The crucial element is transforming the engagement letter into a versatile tool that acts as a reliable single source of truth for both parties involved. This innovative strategy eliminates the necessity for you to manage payment details and collections directly, as clients are only required to submit this information a single time. As a result, the overall billing process is greatly simplified, enabling service providers to concentrate on their primary functions while ensuring that payments are made on time and clients remain satisfied. Additionally, this system empowers businesses to enhance their customer relationships, fostering long-term partnerships based on trust and efficiency.

Media

Media

Integrations Supported

NetSuite
Microsoft Dynamics 365
SAP HANA
Sage Intacct

Integrations Supported

NetSuite
COUNT
Client Hub
Double
Financial Cents
Fireside
Gmail
HubSpot AEO
Karbon
Levvy
Microsoft Teams
QuickBooks Online
SAGE
Slack
Xero
Zapier
monday AI work platform

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

$5 per payment
$5 per payment received
No subscription. No monthly fees.
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

HighRadius

Date Founded

2006

Company Location

United States

Company Website

www.highradius.com

Company Facts

Organization Name

Anchor

Date Founded

2021

Company Location

United States

Company Website

www.sayanchor.com

Categories and Features

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

AR Automation

Not specified

Billing and Invoicing

Billing Portal
Customer Portal
Customizable Invoices
Dunning Management
Online Invoicing
Payment Processing

Cash Flow Forecasting

Not specified

Credit Management

Not specified

Debt Collection

Automated Notices
Callback Scheduling
Client Management
Compliance Management
In-House Collections
Payment Plans

Deduction Management

Not specified

E-Invoicing

Not specified

Financial Close

Not specified

Order-to-Cash

Not specified

Reconciliation

Not specified

Treasury

Cash Management
Debt Management
Forecasting
Liquidity Management
Payment Management
Risk Management

Categories and Features

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

AR Automation

Not specified

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Hourly Billing
Invoice History
Mobile Payments
Online Invoicing
Online Payments
Payment Processing
Project Billing
Service Ticket Billing

Digital Signature

Not specified

Proposal Management

Not specified

Recurring Billing

Not specified

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