Press release

HighRadius Autonomous Receivables Solution Earns Golden Bridge Award in AI Category

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HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in Artificial Intelligence-based Autonomous Systems for Accounts Receivables and Treasury processes, announced today it has been named as a Silver Winner in the Golden Bridge Awards® in the artificial intelligence (AI) category for its Autonomous Receivables product.

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HighRadius Autonomous Receivables Solution Earns Golden Bridge Award in AI Category (Graphic: Business Wire)

HighRadius Autonomous Receivables Solution Earns Golden Bridge Award in AI Category (Graphic: Business Wire)

The coveted Golden Bridge Awards program encompasses the world’s best in a variety of categories, including organizational performance, innovations, products and services, executives and management teams. Organizations from all over the world are eligible to submit nominations including startup, non-profit, for-profit, private and public companies.

“It’s an honor for HighRadius to win the global Golden Bridge Awards,” said HighRadius Founder and CEO Sashi Narahari. “As we continue to grow, we’re putting an increasing number of the world’s A/R departments in autonomous mode, with tools like Freeda™and Autonomous Receivables accounting for the overall majority of day-to-day tasks. This award is a testament to the power of the receivables department of the future, and its capacity to help businesses realize better cash flow and greater overall productivity.”

Winners will be honored in San Francisco on Monday, October 28, 2019, during the annual Red Carpet Silicon Valley United States Awards Ceremony.

HighRadius’ Autonomous Receivables platform combines the strengths of AI automation and professionals working in credit-to-cash to bring unprecedented levels of productivity to corporate collections and accounts receivables departments. Autonomous Receivables takes advantage of HighRadius’ proprietary Rivana™ Artificial Intelligence Engine and voice- and touch-enabled Digital Assistant Freeda™ to automate a number of manual collections tasks, and enable credit professionals to dedicate more time to higher cognitive tasks. Autonomous Receivables features include the automatic development of a daily worklist so collections professionals can identify and structure their day around higher priority tasks. Autonomous Receivables can also take notes, generate Promise-to-Pays, automate account follow-ups and more.

More than 160 international judges from a broad spectrum of industries participated and average scores determined the 2019 Golden Bridge Awards Finalists and Winners.

About the Golden Bridge Awards

Golden Bridge Awards are an annual industry and peers recognition program honoring the best companies in every major industry from large to small and new startups in North America, Europe, Middle-East, Africa, Asia-Pacific, and Latin America, Best New Products and Services, Best Innovations, Management and Teams, Women in Business and the Professions, Case Studies, Customer Satisfaction, and PR and Marketing Campaigns from all over the world. Learn more about Golden Bridge Awards at https://goldenbridgeawards.com/

About HighRadius Corporation

HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company which leverages Artificial Intelligence-based Autonomous Systems to help companies automate Accounts Receivable and Treasury processes. The HighRadius® Integrated Receivables platform reduces cycle times in your order-to-cash process through automation of receivables and payments processes across credit, electronic billing and payment processing, cash application, deductions, and collections. HighRadius® Treasury Management Applications help teams achieve touchless cash management, accurate cash forecasting and seamless bank reconciliation. Powered by the Rivana™ Artificial Intelligence Engine and Freeda™ Digital Assistant for order-to-cash teams, HighRadius enables teams to leverage machine learning to predict future outcomes and automate routine labor-intensive tasks. The radiusOne™ B2B payment network allows suppliers to digitally connect with buyers, closing the loop from supplier receivable processes to buyer payable processes. HighRadius solutions have a proven track record of optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, and increasing operational efficiency so that companies may achieve strong ROI in just a few months. To learn more, please visit www.highradius.com.