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About
HighRadius provides AI-driven automation solutions for order-to-cash and treasury management processes, catering to a wide range of clients, including Fortune 1000 companies. Its software automates and optimizes financial operations, enhancing efficiency and accuracy through artificial intelligence and machine learning. The company operates on a Software as a Service (SaaS) model, where clients subscribe to access various products like Collections Cloud, Credit Cloud, Deductions Cloud, and Cash Application Cloud, each targeting specific financial tasks. HighRadius's AI platform processes over $1.3 trillion in transactions, offering predictive insights and a virtual assistant to streamline daily operations. The goal of HighRadius is to reduce overdue amounts, improve performance metrics for collectors, and enhance the overall efficiency of financial processes.
Company Stage
Series C
Employees
1,001-5,000
Industries
Data & Analytics, Enterprise Software, Fintech
Total Funding
$462M
Headquarters
Houston, Texas
Founded
2006
Simplify's Take
What believers are saying
- Growing interest in predictive analytics aligns with HighRadius' cash forecasting offerings.
- Expansion of SaaS models supports HighRadius' subscription-based business model.
- Rising demand for integrated financial platforms benefits HighRadius' comprehensive product suite.
What critics are saying
- Loss of key personnel like Sayid Shabeer may impact product development.
- Increased competition from companies like Bill.com and Billtrust could affect market share.
- HighRadius must maintain cybersecurity standards to protect its AI-driven platforms.
What makes HighRadius unique
- HighRadius offers AI-driven automation for order-to-cash and treasury management processes.
- The company provides a comprehensive suite of products for end-to-end financial solutions.
- HighRadius is recognized as a leader in the Gartner Magic Quadrant for Invoice-to-Cash.
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6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↑ 0%Benefits
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Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Paid Vacation
Paid Sick Leave
Paid Holidays
Sabbatical Leave
Hybrid Work Options
Stock Options
Company Equity
401(k) Retirement Plan
401(k) Company Match
Performance Bonus
Profit Sharing
Employee Stock Purchase Plan
Relocation Assistance
Employee Referral Bonus
Student Loan Assistance
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Childcare Support
Elder Care Support
Pet Insurance
Bereavement Leave
Professional Development Budget
Conference Attendance Budget
Training Programs
Tuition Reimbursement
Professional Certification Support
Mentorship Program
Wellness Program
Mental Health Support
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Phone/Internet Stipend
Home Office Stipend
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