Accounts receivables automation with HighRadius + RSM: A game changer

The automation of accounts receivables is crucial for enhancing efficiency and accuracy, as highlighted by 64% of finance professionals prioritizing digital tools to streamline cash flow management and working capital processes (APQC, 2025).

Key factors impacting accounts receivable

• Creditworthiness of customers: Customers with strong credit histories are more likely to pay on time, reducing the risk of bad debts. Conversely, customers with poor credit can lead to delayed or missed payments.
• Collection policies and procedures: Efficient and proactive collection efforts, such as timely follow-ups and reminders, can improve the speed and reliability of cash collections.
• Invoice accuracy and disputes: Accurate invoicing reduces the likelihood of disputes, which can delay payments. Ensuring invoices are correct and promptly addressing any disputes can improve AR turnover.
• Ease of payment: Simplifying the payment process for customers is crucial. A self-service portal where customers can view statements, balances, disputes, and past-due invoices helps them manage their accounts better.
• Payment terms: The length of time customers are given to pay their invoices can significantly affect AR. Shorter payment terms (e.g., net 30 days) lead to quicker cash inflows, while longer terms (e.g., net 60 or 90 days) can delay payments.
• Early pay discounts: Offering discounts for early payments can reduce outstanding AR days, motivating businesses with healthy cash flow to pay early.
• Industry and market factors: Economic conditions and industry-specific trends can impact customers’ ability to pay. For example, a downturn in the economy might lead to slower payments across the board.

What is HighRadius?

HighRadius’ Autonomous Finance software harnesses Gen AI, Agentic AI, and Machine Learning, coupled with insights from over $18.9 trillion in historical payment data to automate routine tasks, predict risks, and help finance teams make smarter decisions faster.

How HighRadius leads the market in Order-to-Cash applications:
HighRadius offers a suite of solutions designed to deliver measurable outcomes for finance teams:

• Proactive Collections Management: Say goodbye to ‘smile-and-dial’ strategies. With HighRadius AI predicts which invoices are at risk of going overdue up to 30 days in advance, helping reduce Days Sales Outstanding (DSO) by 5–10 days.
• Intelligent Cash Application: Automates the matching of payments to invoices with 100% accuracy, eliminating manual efforts and achieving same-day cash posting.
• Dispute & Deductions Automation: Identifies and auto-codes invalid deductions, reducing revenue leakage and reducing resolution times by up to 50%.
• Electronic Invoice Presentment and Payment (EIPP): Automates the invoice delivery and payment process while ensuring compliance with global e-invoicing mandates. This solution increases FTE productivity by 50% and ensures adherence to compliance requirements.

HighRadius enhances the value of your existing ERP systems, by delivering measurable results in just 2–6 months. The seamless integration capability boosts the ROI of your ERP implementations, ensuring you get the most out of your investment. HighRadius has been recognized for its excellence:

• 3 Years in a Row: Named a Leader in the Gartner® Magic Quadrant™ for Invoice-to-Cash Applications.
• 2 Years in a Row: Awarded Digital World Class® Vendor status by The Hackett Group®.
• 2-Time Leader: Recognized in AR Automation Applications 2024 for Small & Mid-Market, and Enterprises.

With over 1100 global clients HighRadius has become the trusted partner for CFO offices worldwide.

HighRadius focuses on delivering measurable business outcomes. By driving operational efficiency, enabling data-driven decision-making, and empowering finance teams to focus on strategic initiatives, HighRadius ensures tangible value creation for the Office of the CFO.

Radiance 2025: Join us!

RSM is thrilled to invite you to Radiance 2025, the premier event for finance professionals looking to transform their business strategies and stay ahead of the curve. This year, we’re partnering with HighRadius as a deluxe sponsor, bringing together the brightest minds in the industry for an unforgettable experience of learning, networking, and innovation.

• When: February 24–26, 2025
• Where: Allegiant Stadium, Las Vegas

Vignesh Ravichandran

Vignesh joined RSM in November 2024, with over six years of experience implementing and leading HighRadius implementations for F500 clients. Vignesh provides consultation services to a variety of entities in automating their order to cash process. He focuses primarily on implementation of HighRadius modules for various clients.

Contact our team to learn more!