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HighRadius Accounts Receivables Reviews & Product Details

Value at a Glance

Averages based on real user reviews.

Time to Implement

8 months

HighRadius Accounts Receivables Integrations

(9)
Verified by HighRadius Accounts Receivables

HighRadius Accounts Receivables Media

HighRadius Accounts Receivables Demo - Achieve Same Day Cash Posting and Eliminate Bank Lock box Fees
Achieve same-day cash application with automated remittance aggregation from checks, emails, and web portals.
HighRadius Accounts Receivables Demo - Boost Your Cash Flow by 40%
Achieve lower DSO, improved working capital, and enhanced productivity with our AI-powered accounts receivable platform that integrates with modern ERPs.
HighRadius Accounts Receivables Demo - Improve your Net Recovery Rate
Reduce Revenue Leakage with AI Prediction models that identify valid and invalid deductions.
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HighRadius Accounts Receivables Reviews (219)

Reviews

HighRadius Accounts Receivables Reviews (219)

4.3
219 reviews

Pros & Cons

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SS
Associate Director of Sales & Receiables
Small-Business (50 or fewer emp.)
"Intuitive, Efficient, and Seamlessly Integrated—A Game-Changer for AR Management"
What do you like best about HighRadius Accounts Receivables?

The product is intuitive and easy to learn, requiring no specialized expertise to navigate through its

modules efficiently. My favorite feature is that our customers can access their invoices and process payment without having to contact us. I also like the way this system is able to automate and track correspondences on each customer and that information is visible to everyone on the team which helps us keep from duplicating collection efforts. The customer support team is also extremely prompt and responsive when we encounter the occasional issue. Implementation of the product was the fastest we have ever implemented anything in my 26 years with our company, and this product integrated easily with our financial system. My team uses this program all day everyday and it has streamlined our Accounts Receivables process and has eliminated system silos and manual tasks. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

While the product offers strong functionality overall, there are a few areas where improvements would enhance usability and efficiency: Integration Timing - System integrations currently operate through batch processing rather than real-time updates, which can delay data synchronization across platforms. Email Management - The email inbox requires manual monitoring to associate responses with the correct customer accounts, adding extra administration effort. Documentation Limitations - Users are unable to attach supporting documents within the cash application module to record non-AR invoice deposits, limiting documentation accuracy. Review collected by and hosted on G2.com.

"Automates Communication, User-Friendly Interface"
What do you like best about HighRadius Accounts Receivables?

I love how HighRadius Accounts Receivables stores communications in the customer accounts, which helps us keep track of everything even if someone leaves the company, and I appreciate how user-friendly the system is because it's easy to navigate even without much experience. I also find the AI tools and automated communications incredibly helpful, as they allow us to manage smaller customers that we never had time to work on before. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

The email inbox still has room for improvement. It would be helpful if email population based on prior communication worked more like Outlook. Currently, HighRadius only completes emails if the contact is in the account, but we have many contacts not stored to specific accounts. Having this feature would save a lot of time. Review collected by and hosted on G2.com.

John L.
JL
Accounts Receivable Supervisor
Small-Business (50 or fewer emp.)
"We consider High Radius to be superb business partners"
What do you like best about HighRadius Accounts Receivables?

The visuals are pleasing to the eye, easy to follow, and provide enough information to successfully apply cash. The research tools are well designed, and the monthly reports are simple to find, and use. We have business partners that meet with us monthly, and they are phenomenal. They listen to us, and respond in a timely fashion, helping resolve any questions or concerns that we may have. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

I can honestly say that there is not a downside that I can think of. Review collected by and hosted on G2.com.

"User-Friendly Design with Enhancements Needed for SLA Tracking"
What do you like best about HighRadius Accounts Receivables?

I like HighRadius Accounts Receivables for its user-friendly design and how well it integrates with customers' portfolios, providing shared visibility of the portfolio at all levels. I also appreciate the right level of details it offers to perform activities effectively, making portfolio review easier and improving navigation and traceability. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

I don't like how the SLAs and time tracking are handled for deduction items. When a deduction is assigned to the operations management or customer service team, the original date of assignment resets every time someone opens it. This doesn't show the right number of days since the deduction was moved, which makes tracking less accurate. Review collected by and hosted on G2.com.

Jessica E.
JE
Treasury Manager
Mid-Market (51-1000 emp.)
"OTR Solutions has had a good experience overall with using HighRadius for cash application."
What do you like best about HighRadius Accounts Receivables?

I like that HighRadius has been a customizable platform for us to apply payments. We have a very large volume of line items received daily, so having a reliable resource that matches remittances and correctly applies the payments is extremely helpful for us. I like how the platform tries to predict what actions need to be taken, such as matching a remittance it thinks may be suited for the payment. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

I think a weakness of the system is the inability to read non-traditional remittance formats, which can understandably be difficult but it's something that can hinder our match percentages drastically. I also think that due to our large volume of payments and remittances, this can slow down the website when it comes to searching past payments or searching for a remittance on the remittance linking page. Review collected by and hosted on G2.com.

"Saves Hours, Boosts Accuracy, Seamless Integration"
What do you like best about HighRadius Accounts Receivables?

I love how HighRadius Accounts Receivables saves countless hours of manual work and improves accuracy. I enjoy that it's able to work with multiple company codes across various customers, which helps automation in our company. The integration with our ERP system, SAP, works well, and the initial setup of HighRadius Accounts Receivables was seamless. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

The ability to export a complete list of active users not excluding the user running the report (i.e. including the user running the active user report). Additionally, the capability to create complex coding mappings that may be unique for customers Review collected by and hosted on G2.com.

JS
Vice PResident Financial Shared Services
Enterprise (> 1000 emp.)
"A solid tool that helps increase efficiency and reduce DSO"
What do you like best about HighRadius Accounts Receivables?

I like the dashboards, automated correspondence, and automated transcription that HighRadius Accounts Receivables offers. These features make KPI measurement and tracking easier and help our team become more efficient. The automation for cash application is a great help along with a clean portal to manage the manual component. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

We have had some issues with automated correspondence not being sent if a certain day of the month falls on a weekend. It happened 2 or 3 times this year. We hope the fix is now permanent. Review collected by and hosted on G2.com.

"Streamlines Deductions and Cash Application, but Needs Refinement"
What do you like best about HighRadius Accounts Receivables?

I like the identification of deduction types at the time of cash application and the ability to report out on the deduction side using a variety of different filters as criteria. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

Tracking of paybacks of invalid deductions still seems very cumbersome and manual, and is a key tracking metric for us. Conversion to Netsuite with HighRadius Accounts Receivables was a bit more of a struggle. Also, there is a lot of if/then type of logic that can change, so interested from an AI perspective, how High Radius can eliminate some of this. Review collected by and hosted on G2.com.

SA
Technology Director
Mid-Market (51-1000 emp.)
"A Reliable AR Automation Platform That Delivers Results"
What do you like best about HighRadius Accounts Receivables?

HighRadius has significantly streamlined our entire Accounts Receivable (AR) process through the organization. The automated cash application, intuitive dashboards, and AI-driven collection workflows have reduced manual effort drastically.The best part is the accuracy of the cash-application engine, it matches payments flawlessly with very minimal human intervention. Great software. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

We felt that some advanced reports require customization support from the HighRadius team. The initial onboarding can also feel a bit complex because of the number of configuration options. Review collected by and hosted on G2.com.

Jennifer L.
JL
Executive Director
Mid-Market (51-1000 emp.)
"Great Auto-Matching and Reporting, Promising Start for New Users"
What do you like best about HighRadius Accounts Receivables?

The auto-matching of the payment to the invoice. The reporting and dashboard feature sets. Review collected by and hosted on G2.com.

What do you dislike about HighRadius Accounts Receivables?

I don't have anything at this juncture as a new user that I dislike. Review collected by and hosted on G2.com.

Pricing Insights

Averages based on real user reviews.

Time to Implement

8 months

Return on Investment

17 months

Average Discount

13%

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HighRadius Accounts Receivables Features
Credit Limits
Credit History
Match Invoices and Payments
Errors and Adjustments
Late Payments
Personalized Customer Messaging
Collections Effectiveness
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HighRadius Accounts Receivables