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HighRadius

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Company health

Employee growth
2% decrease in the last year
Web traffic
26% increase in the last quarter
Financing
December 2020 - $475M

Ratings

G2
4.3/5
(181)
TrustPilot
3.7/5
(1)
Glassdoor
3.4/5
(3548)

HighRadius description

HighRadius provides cloud-based software to automate and improve financial processes for large companies, particularly in areas like credit, collections, billing, and treasury. Their software utilizes artificial intelligence and automation to streamline tasks such as risk management, cash application, and invoice processing. HighRadius aims to help businesses improve efficiency, reduce costs, and make better financial decisions.


Who is HighRadius best for

HighRadius offers cloud-based financial software to automate tasks like billing, collections, and treasury for large companies. Users praise the user-friendly interface and automated cash application, while some note slow support and limited reporting customization. HighRadius is best for large enterprises seeking to streamline their financial operations.

  • Best fit for medium and large enterprises.

  • Ideal for companies looking to automate financial processes.


HighRadius features

Supported

HighRadius offers collections reporting, including performance and strategy effectiveness reports.

Supported

HighRadius automates accounts receivable processes, including invoice generation, payment reminders, and cash application.

Supported

HighRadius creates, sends, and tracks invoices, and facilitates online payments.

Supported

HighRadius offers tools for cash flow management, transaction tracking, and account reconciliation.

Supported

HighRadius automates billing, invoicing, and payments, reducing errors and improving efficiency.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Neutral
+0

Customer Service

Neutral
-0.2

Ease of Use

Strongly positive
+0.9

Reliability and Performance

Neutral
+0.04

Ease of Implementation

Neutral
-0.2

Scalability

Rather negative
-0.33

HighRadius reviews

We've summarised 138 HighRadius reviews (HighRadius TrustPilot reviews and HighRadius G2 reviews) and summarised the main points below.

Pros of HighRadius
  • User-friendly interface and easy navigation.
  • Automated cash application significantly improves efficiency.
  • Comprehensive collections module with robust features.
  • Helpful and responsive customer success managers.
  • Streamlines administrative tasks, freeing up time for strategic work.
Cons of HighRadius
  • Slow support response times, often exceeding initial estimates.
  • Difficulty customizing the system without extensive support.
  • Occasional system errors and slow loading times.
  • Limited reporting customization options.

HighRadius pricing

The commentary is based on 7 reviews from HighRadius G2 reviews.

HighRadius offers subscription-based pricing and allows customers to pay-as-you-go. They do not provide specific pricing details on their website and encourage users to speak with a consultant for a customized quote.

Users sentiment

Neutral
+0

See the HighRadius pricing page.


HighRadius alternatives

  • Logo of Billtrust
    Billtrust
    Automates invoicing and payments, boosting cash flow for businesses.
    Read more
  • Logo of AvidXchange
    AvidXchange
    Automated invoice and payment processing for smoother business.
    Read more
  • Logo of Tipalti
    Tipalti
    Automated global payouts, easy tax compliance, less finance headaches.
    Read more
  • Logo of BlackLine Invoice-to-Cash
    BlackLine Invoice-to-Cash
    Automates invoice-to-cash, boosts efficiency, and provides key financial insights.
    Read more
  • Logo of Basware
    Basware
    Streamlines purchasing, automates invoices, and controls spending.
    Read more
  • Logo of Coupa
    Coupa
    Business spend management platform for saving money and boosting efficiency.
    Read more

HighRadius FAQ

  • What is HighRadius and what does HighRadius do?

    HighRadius is a cloud-based software platform that automates and optimizes financial processes for large enterprises. It uses AI to streamline credit, collections, billing, and treasury tasks, helping businesses improve efficiency, reduce costs, and enhance financial decision-making.

  • How does HighRadius integrate with other tools?

    HighRadius integrates with various ERP and accounting systems. It offers pre-built integrations with platforms like SAP, Oracle, and Salesforce, enabling seamless data flow between systems. This streamlines financial processes and enhances automation capabilities.

  • What the main competitors of HighRadius?

    HighRadius competitors include SAP S/4HANA Cloud, Serrala, Tesorio, Kolleno, Xelix, and SAP Concur. These alternatives offer similar functionalities, such as automating financial processes, improving cash flow, and streamlining accounts receivable and payable.

  • Is HighRadius legit?

    HighRadius is a legitimate software provider for financial process automation. They offer cloud-based solutions utilizing AI, but users report slow support and limited customization. Despite this, many appreciate its user-friendly interface and automation capabilities.

  • How much does HighRadius cost?

    HighRadius does not publicly disclose pricing information. Contact their sales team for a custom quote based on your specific business needs and to determine if HighRadius is worth the investment for your integrated receivables.

  • Is HighRadius customer service good?

    HighRadius's customer service receives mixed reviews. While some users praise the helpfulness and responsiveness of customer success managers, others express frustration with slow support response times and difficulty customizing the system without extensive support. Many users find the platform easy to use and navigate.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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