HighRadius

HighRadius

AI-driven financial automation solutions provider

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


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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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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-1%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

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

Gym Membership

Commuter Benefits

Meal Benefits

Phone/Internet Stipend

Home Office Stipend

Legal Services

Employee Discounts

Company Social Events

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