HighRadius, a U.S.-based fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, announced on Tuesday it has formed a new partnership with Sage. HighRadius reported that as part of the agreement, the company has integrated RadiusOne A/R Suite with the Sage Intacct cloud financial management system and made it available in the Sage Intacct Marketplace.
“RadiusOne A/R brings the power of enterprise-leading AI-powered solutions to midsized businesses. With simpler user experience and faster time-to-value, RadiusOne A/R offers an eInvoicing & Collections App, Cash Reconciliation App, and Credit Risk App to help mid-sized businesses leverage accounts receivable automation technology to overcome their biggest challenges in working capital optimization.”
HighRadius further revealed that RadiusOne A/R Suite’s differentiated approach with pre-loaded configurations based on industry-specific best practices helps midsized businesses automate their accounts receivable processes in a few weeks with minimal IT intervention. Speaking about the partnership, Sayid Shabeer, Chief Product Officer of HighRadius, stated:
“RadiusOne A/R Suite is built to automate clerical A/R processes for mid-sized businesses and reduce the friction for supplier A/R teams to digitally collaborate with their buyers and A/P teams. This partnership allows Sage Intacct customers to unleash their full potential by integrating with market-leading accounts receivable automation solutions from HighRadius.”
Melody Williams, Sage’s Head of Business Development for Sage Intacct, concluded:
“The A/R process for many midsize companies can be tedious, manual, and often very time consuming. HighRadius shares our goal of streamlining and automating financial processes for our customers. This integrated solution will help our joint customers reduce errors and free their finance team to do more value-added tasks to help grow the business.”
Founded in 2006, HighRadius claims its HighRadius Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing and payment processing.