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"We switched out our deductions system and within 3 months we were already productive than we were before."
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"HighRadius differentiates itself from other industry competitors. It’s an evolved technology, not an antiquated technology.”
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"We had a global solution with efficiencies of one system which enabled integrated external reporting, automated credit scoring, credit monitoring and currency conversion for financial statements."
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"Our CFO’s objective was the reduction of Bad Debt by 20%, while the management wanted to maintain a similar ROI, with 2 FTEs retiring."
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"For the first time in our history, we are able to use complete remittance information for accurate, straight-through cash application."
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"With the kind of growth we were experiencing, with the demand for better cash flow and zero budget for additional headcount, we understood that without automating it was very difficult to attain our goals."
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"We reduced the number of approval layers dramatically. The average to approve a credit limit dropped from nine to four, which is basically because we got rid of people that we didn't go into having the approval flow."
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"Some of the key things we wanted to improve were reducing the manual keying that my team had to apply to the policy invoice level. We wanted a system that can do that for us and help us reduce the number of customer complaints, delays, errors and internal meetings."
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"I was very happy with HighRadius. They were the first ones who made sure that timelines were followed and the scope remained the same. There was not much back and forth, which made sure that we are going in the right direction every time. They assured industry best practice practices, …
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"HighRadius has helped us focus on the areas that we needed to collect on. And we’ve become more efficient. The entire team works efficiently. Now that we’ve adopted HighRadius."
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“Before, we were starting to lose business to competitors because it was taking us generally two days to onboard a customer. Now we can onboard a customer in less than an hour. So HighRadius really helped with that.”
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"With HighRadius, we have seen Financial Services costs decline by $2.5M while volume, quality and productivity increased."
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"HighRadius' workflow capabilities allow greater control over credit processes by enabling increased frequency of credit reviews and providing reliability around credit reviews."
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"While working with parent-child companies, we are able to assign a credit limit to the parent and then distribute it by percentage between the child companies depending on the amount of business we have to do/ expect to do with each one of them."
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"With 900+ projects in hand, gathering data from multiple divisions was tedious and error-prone. Delays in reporting from these divisions affected continuous visibility. Forecast models lacking key drivers for construction & engineering business provided no short-term visibility resulting in frequent cash crunches and high-interest loans."