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HighRadius

Also known as: HighRadius Corporation, HighRadius Autonomous Finance, HighRadius Autonomous Receivables, FreedaGPT, HighRadius LiveCube, RadiusOne, highradius.com

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Entry priceQuote only. Subscriptions are priced on modules, integration needs and process complexity, and outcome based pricing charges $0 in implementation and subscription fees until go live, then a share of realized savings.Full pricing detail

HighRadius sells an agentic finance platform for the office of the CFO, with more than 190 prebuilt agents across order to cash, accounts payable, B2B payments, close and reconciliation, consolidation and treasury. Agents match payments and post them to the ERP, sign in to customer AP portals to upload invoices and gather remittances, answer and place collections calls, post accruals and journals, and route approvals to people. Prices are quoted, with an outcome based option of $0 implementation and $0 subscription until go live, then a share of realized savings.

HighRadius Corporation, a Delaware corporation headquartered in Houston, Texas, sells finance software for the office of the CFO. Cofounded by Sashi Narahari, who remains president and chief executive, it started in accounts receivable and now runs one cloud platform across order to cash (collections, cash application, deductions, credit and electronic invoicing), accounts payable, B2B payments, financial close and reconciliation, consolidation and reporting, and treasury. HighRadius counts more than 1,500 customers, among them 3M, Unilever, Red Bull and Lufthansa.

The platform names more than 190 agents and sells them as connected processes rather than standalone bots. In cash application, agents capture remittances from email, EDI, checks and customer portals, identify the paying customer, match payments to open invoices, code deductions to ERP reason codes and send enriched payment files back to the ERP, leaving exceptions on analyst worklists with recommended matches. Collections agents rank accounts by predicted payment risk, time dunning to each customer's response habits, answer routine emails with invoice copies or statements, place and transcribe calls, and run a virtual call attendant that answers inbound calls around the clock.

RPA bots sign in to more than 600 customer AP portals to upload invoices and check their status, and pull deduction claims from retailer portals such as Amazon and Kroger. Payables agents capture invoices, run three way matching, code non PO lines and route approvals; close agents post accruals and journals and flag GL anomalies with suggested corrections; treasury agents download bank statements and forecast cash every day. Predictive agents run HighRadius's own models, while generative features such as the FreedaGPT assistant use large language models served through Amazon Bedrock, Google Vertex AI and Azure OpenAI Service.

Subscriptions are quoted on the modules chosen, integration needs and process complexity. Under outcome based pricing, customers pay $0 in implementation fees and $0 in subscription fees until go live, after which HighRadius takes a share of the savings measured against a mutually agreed success criteria document.

Users sign in through single sign on with multifactor authentication, approvals follow multilevel and maker checker workflows, and HighRadius holds ISO 27001:2022 certification, SOC 1 Type 2, SOC 2 Type 2 and SOC 3 reports and PCI DSS v4.0.1 compliance.

The service runs on AWS, Google Cloud and Microsoft Azure in the United States, Europe and Canada, and EU personal data is processed in the UK, EU and EEA apart from approved transfers to the United States and India.

HighRadius fits large and midsized companies with heavy invoice and payment volumes on SAP, Oracle, Microsoft Dynamics, NetSuite or Workday, especially consumer goods, manufacturing and distribution businesses that fight retailer deductions and customer AP portals, and finance leaders who want fees tied to DSO, close or productivity results. It fits less well for small teams that want published prices or a self serve trial, buyers who want to choose the model behind each agent, developers who expect a public API reference or SDK, and companies that want to run the software in their own cloud.

Vendor details

Canonical URL

https://www.highradius.com

Category

Enterprise operations agent

Subcategory

Agentic finance operations platform whose prebuilt agents run order to cash, payables, close and treasury work on the customer's ERP

Funding status

HighRadius Corporation, a privately held Delaware corporation based in Houston, Texas, cofounded and led by president and CEO Sashi Narahari; it raised a $50 million Series A in 2017, a $125 million Series B led by ICONIQ Capital in 2020 and a $300 million Series C at a $3.1 billion valuation led by D1 Capital Partners and Tiger Global in 2021, and acquired Cforia Software in 2024.

Company status

independent

Use cases & customers

Primary use cases

cash application: remittance capture, customer identification, invoice matching and ERP payment postingcollections worklist prioritization, timed dunning and automated email responsesinbound and outbound collections calls with transcription, live translation and logged promises to payinvoice upload, status tracking and remittance capture across customer AP portalsdeduction claim download from retailer portals, validity prediction and dispute routingcredit applications, risk scoring, credit approvals and blocked order releaseAP invoice capture, three way matching, non PO coding and invoice approvalaccruals, journal posting, GL anomaly detection and reconciliation for the financial closeintercompany matching, consolidation and financial reportingdaily cash positioning, cash forecasting and treasury payment approvalB2B card acceptance, surcharging and interchange fee optimization

Target customers

enterprise and midsized finance teams running order to cash, payables, close and treasurycredit, collections and cash application teams with high invoice and payment volumesconsumer goods, food and beverage, manufacturing and distribution companies handling retailer deductions and AP portalscontrollers and accounting teams running the month end close, reconciliations and consolidationtreasury teams forecasting cash and approving paymentscompanies on SAP, Oracle, Microsoft Dynamics, NetSuite, Workday or Sage Intacct

Deployment options

Cloud service on AWS, Google Cloud and Microsoft AzureData centers in the United States, Europe (Germany and Ireland) and CanadaEU personal data processed in the UK, EU and EEA, with approved transfers to the United States and IndiaHEX ABAP program installed inside SAP ECC 6.0 or S/4HANA for data extraction and transferPurchase through HighRadius sales, resellers or third party marketplaces

Integrations

HighRadius ships prebuilt connectors for more than 50 ERPs and accounting systems, including SAP ECC 6.0 and S/4HANA through certified ABAP accelerators, Oracle, Microsoft Dynamics 365 and Business Central, NetSuite, Workday, Sage Intacct and QuickBooks, with two way sync over HTTPS APIs in real time or SFTP in batches. It also connects to banks for statements and payments, payment processors, credit agencies, trade promotion and collection agency systems, Salesforce for disputes, DocuSign for credit applications, and more than 600 customer AP portals that its bots sign in to. Twilio carries calls, ElevenLabs voices the calling agents and Deepgram transcribes them, Storecove and ClearTax deliver electronic invoices to government networks, and Data as a Service shares receivables data through REST APIs.

In practice

A snack maker's bank file and 300 remittance emails arrive overnight. By morning, agents have pulled remittances from the inbox and from retailer AP portals, identified each payer, matched payments to open invoices, coded short payments to deduction reason codes and posted the enriched file to SAP. Analysts start the day on a worklist of 40 unmatched payments, each showing a recommended customer and remittance to accept or correct.

A distributor's customer calls at 11pm about an overdue invoice. The virtual call attendant answers, emails an invoice copy during the call and logs a promise to pay for Friday. Overnight a portal bot finds that the customer's AP portal never received two invoices, uploads them and records their status, and in the morning the collector works a list ranked by each account's predicted risk of paying late.

On the second day of close, anomaly detection flags a utilities accrual missing from one entity's general ledger and suggests the correcting entry. The preparer adjusts the amount, a second user approves it under the maker checker rule, and the journal posts back to the ERP, with every change kept in the task log for the auditors.

Sources & related URLs

Research sources

https://www.highradius.com/ https://www.highradius.com/sitemap.xml https://www.highradius.com/llms.txt https://www.highradius.com/robots.txt https://www.highradius.com/software/autonomous-finance/ https://www.highradius.com/about/company-overview/ https://www.highradius.com/about/leadership-team/ https://www.highradius.com/about/news/highradius-raises-300m-series-c-at-over-3-billion-valuation/ https://www.highradius.com/about/news/highradius-announces-cforia-acquisition/ https://www.highradius.com/pricing/ https://www.highradius.com/product/pricing/ https://www.highradius.com/about/news/highradius-launches-outcome-based-pricing-for-ocfo-software/ https://www.highradius.com/privacy-policy/ https://www.highradius.com/about/terms-of-use/ https://www.highradius.com/subprocessors/ https://cdn.highradius.com/wp-content/uploads/2025/08/HighRadius-Online-DPA-2025.08.22.pdf https://cdn.highradius.com/wp-content/uploads/2025/08/HighRadius-Online-MSA-2025.08.22-1.pdf https://trust.highradius.com/ https://www.highradius.com/software/freedagpt/ https://www.highradius.com/software/livecube/ https://www.highradius.com/whats-new/ https://www.highradius.com/software/integration-capabilities/ https://www.highradius.com/product/erp-integration-solution/ https://www.highradius.com/solutions/sap/ https://www.highradius.com/software/order-to-cash/ https://www.highradius.com/software/order-to-cash/collections-management/ https://www.highradius.com/software/order-to-cash/collections-management/ap-portal-invoice-upload/ https://www.highradius.com/software/order-to-cash/collections-management/virtual-call-attendant/ https://www.highradius.com/software/order-to-cash/collections-management/automated-outbound-call/ https://www.highradius.com/software/order-to-cash/collections-management/automated-inbound-call/ https://www.highradius.com/software/order-to-cash/collections-management/auto-email-response/ https://www.highradius.com/software/order-to-cash/collections-management/ar-email-inbox/ https://www.highradius.com/software/order-to-cash/collections-management/dunning-emails/ https://www.highradius.com/software/order-to-cash/collections-management/dispute-resolution/ https://www.highradius.com/software/order-to-cash/collections-management/activity-logging-and-tracking/ https://www.highradius.com/software/order-to-cash/web-portal-collections/ https://www.highradius.com/software/order-to-cash/cash-application-management/ https://www.highradius.com/software/order-to-cash/cash-application-management/ap-portal-remittance-capture-2/ https://www.highradius.com/software/order-to-cash/cash-application-management/erp-payment-posting/ https://www.highradius.com/software/order-to-cash/cash-application-management/payment-exceptions-handler/ https://www.highradius.com/software/order-to-cash/cash-application-management/payment-invoice-matching/ https://www.highradius.com/software/order-to-cash/deductions-management/portal-claim-download/ https://www.highradius.com/software/order-to-cash/credit-cloud/blocked-order-release/ https://www.highradius.com/software/order-to-cash/credit-cloud/credit-approval/ https://www.highradius.com/software/order-to-cash/eipp/ap-portal-invoice-upload/ https://www.highradius.com/software/order-to-cash/analytics/product-agent-metrics/ https://www.highradius.com/software/order-to-cash/analytics/data-as-a-service/ https://www.highradius.com/software/accounts-payable/accounts-payable-automation/ https://www.highradius.com/software/accounts-payable/accounts-payable-automation/invoice-approval/ https://www.highradius.com/software/accounts-payable/accounts-payable-automation/invoice-exception-handler/ https://www.highradius.com/software/record-to-report/financial-close-management/ https://www.highradius.com/software/financial-close-and-reconciliation-software/financial-close-management/journal-posting/ https://www.highradius.com/software/financial-close-and-reconciliation-software/financial-close-management/close-task-approval/ https://www.highradius.com/software/financial-close-and-reconciliation-software/financial-close-management/anomaly-resolution/ https://www.highradius.com/software/record-to-report/anomaly-management/ https://www.highradius.com/software/treasury-risk/cash-flow-forecasting-software/ https://www.highradius.com/software/treasury-risk/cash-flow-forecasting-software/cash-forecast-variance/ https://www.highradius.com/software/treasury-risk/cash-flow-forecasting-software/variance-analysis/ https://www.highradius.com/software/treasury-risk/cash-flow-forecasting-software/cash-forecasting-using-ml-livecube-and-huristic-model/ https://www.highradius.com/software/treasury-risk/cash-flow-forecasting-software/cash-forecast-overrides/ https://www.highradius.com/software/treasury-risk/treasury-payment/payment-workflow-and-approval/ https://www.highradius.com/software/treasury-risk/treasury-payment/api-erp-connector/ https://www.cforia.com/

Agentic Index coverage score

11.5 / 14 capabilities · 82%

Integrations & Tool Calling Full

Agents write back into the systems finance already runs on. Prebuilt connectors reach more than 50 ERPs and accounting platforms, among them SAP ECC 6.0 and S/4HANA through certified ABAP accelerators, Oracle, Microsoft Dynamics 365, NetSuite, Workday, Sage Intacct and QuickBooks, syncing both ways over HTTPS APIs in real time or SFTP in batches.

Payment postings, credit updates, released blocked orders and dispute outcomes flow back into the ERP, cash application sends enriched payment files in BAI2, EDI 820, CSV or JSON for invoice clearing, and close agents post journals to the source ledgers. Banks, payment processors, credit agencies and Salesforce dispute queues connect as well.

Sourcehighradius.com/product/erp-integration-solutionread 2026-11-09

Workflow Orchestration Full

Work moves through chained agents rather than single bots, which HighRadius sells as end to end process orchestration. A payment runs from bank statement download through remittance capture, customer identification, invoice matching and deduction coding to ERP posting, and unmatched items land on analyst worklists with recommended customers and remittances.

Credit runs from application processing and risk scoring to approval and blocked order release, deductions from portal claim download and validity prediction to dispute routing, and payables from email capture and three way matching through non PO coding and approval to vendor payment.

Sourcehighradius.comread 2026-11-09

Knowledge Grounding & RAG Full

Agents ground their work in the customer's own finance records.

The AR inbox, AR Copilot, AP portal automation, financial statement extraction, invoice data capture and chart of accounts merge agents use retrieval augmented generation with large language models, non PO invoice coding draws on embeddings of past coding, and AR and payroll forecasts use models trained on each customer's own history.

ERP data such as customer master, open AR, GL postings and bank statements persists in the platform with Snowflake as its warehouse, and FreedaGPT answers questions by writing validated SQL over that data while sending the model only the schema.

Sourcehighradius.comread 2026-11-09

Human Oversight & Guardrails Full

People sign off on what moves money or reaches a customer. Collectors review and edit every FreedaGPT drafted email before it goes, action items from calls such as promises to pay are logged only with the collector's approval, and simulate mode lets a team review a dunning batch before anything is sent.

Invoices approve automatically only when they meet policy with no exceptions, high value invoices follow multilevel decision trees, blocked orders and credit limits follow approval hierarchies, journals pass an approval workflow before posting, and treasury payments need multitier approval, where approvers can reject, delegate or ask for more information.

Sourcehighradius.com/software/accounts-payable/accounts-payable-automation/invoice-approvalread 2026-11-09

Security, Identity & Governance Full

Customers sign in to the applications through single sign on with multifactor authentication, and role based access controls govern who sees which financial data. Maker checker rules stop one user from both preparing and approving a close task, payment approvals route by predefined roles, and FreedaGPT returns only what is relevant to the user's role.

HighRadius holds ISO 27001:2022 certification, SOC 1 Type 2, SOC 2 Type 2 and SOC 3 reports and PCI DSS v4.0.1 compliance, takes part in the Texas Risk and Authorization Management Program and the EU and US Data Privacy Framework, and releases audit reports and penetration test summaries through a trust center access request.

Sourcetrust.highradius.comread 2026-11-09

Observability & Auditability Partial

Teams can see how agents perform and what they did, though not why each one acted. Product Agent Metrics tracks success rates, task completion and adoption for each automated or assisted agent, and the collections timeline logs every automated and manual email, call and transcript, promise to pay and note in order.

Close tasks keep a chronological log of every change for auditors, an ERP connector dashboard shows payment interface activity, and platform audit logs record sign ins, privilege changes and new accounts. No decision trail explains the reasoning behind a particular match, code or approval.

Sourcehighradius.com/software/order-to-cash/analytics/product-agent-metricsread 2026-11-09

Memory & State Persistence Not documented

No agent keeps a memory of its own with a stated scope or lifetime. What carries from one task to the next is the business record: a collections timeline holding every promise to pay, call log, note and email for each customer account, dispute and deduction cases, and transaction history synced from the ERP, which HighRadius retains for seven years. Customer data also trains the models that improve the service, so what agents learn lands in model weights rather than in a store a buyer can review, edit or delete for a single customer.

Sourcehighradius.com/software/order-to-cash/collections-management/activity-logging-and-trackingread 2026-11-09

Deployment & Data Residency Full

The service runs on AWS, Google Cloud and Microsoft Azure, with data centers in the United States, Europe (Germany and Ireland) and Canada. For EU customers the data processing addendum keeps personal data processing inside the UK, EU and EEA, with approved transfers to the United States and India, where HighRadius affiliates handle development and support.

Some module processors run in the United States only, among them Deepgram call transcription and ElevenLabs voice for the calling agents. Customers do not host the platform: the subscription covers servers, storage and infrastructure management, and the HEX program installed inside SAP only extracts and transfers data.

Sourcehighradius.com/subprocessorsread 2026-11-09

Prebuilt Agents / Templates / Packs Full

More than 190 named agents come ready to adopt, grouped into products a customer can buy one at a time or together: collections, cash application, deductions, credit, electronic invoicing, AP automation, supplier portal, vendor payments, B2B payments, financial close, reconciliation, intercompany, consolidation, reporting, cash management, cash forecasting and treasury payments. Examples include AP Portal Invoice Upload, Virtual Call Attendant, Payment Invoice Matching, Deductions Coding, Blocked Order Release, Non PO GL Coding, Unbilled Revenue Accrual and Payroll Forecast, each tied to operational KPIs such as auto match rates or days to close.

Sourcehighradius.comread 2026-11-09

Triggers & Channel Coverage Full

Events start most of the work. Bank statements download on their own each day and feed cash application and the daily cash forecast, remittance and supplier invoice emails are picked up as they land in shared AR and AP inboxes, and blocked orders arrive from the ERP over real time APIs for release. A virtual call attendant answers inbound customer calls around the clock, dunning goes out at the hour each customer has tended to respond, and GL postings are checked every day so anomalies raise alerts during the month instead of piling up for the close.

Sourcehighradius.com/software/order-to-cash/collections-management/virtual-call-attendantread 2026-11-09

Model Flexibility & Routing Partial

Model choices belong to HighRadius. Predictive agents run its own models, such as random forests for payment matching and remittance prediction, LightGBM for blocked order release, k means clustering for customer segmentation and Q learning for skipping payments that carry deductions.

Generative features, FreedaGPT among them, use large language models served through Amazon Bedrock, Google Vertex AI and Azure OpenAI Service, with OpenAI named for FreedaGPT, while calling agents speak through ElevenLabs and calls are transcribed by Deepgram. No setting lets a customer or administrator pick or route the model behind an agent.

Sourcehighradius.com/subprocessorsread 2026-11-09

APIs / SDKs / MCP Extensibility Partial

Outside systems reach the platform through a handful of named interfaces. Data as a Service, a paid analytics addition, exposes REST APIs with ready made data entities across the receivables products and an auto scheduler for batch transfers, bulk payment APIs bring payments into the treasury module for approval and execution, and API triggers open dispute workflows from other systems. There is no public API reference, developer portal, SDK, MCP server or agent card, and the endpoints, authentication and resources behind these interfaces are not public.

Sourcehighradius.com/software/order-to-cash/analytics/data-as-a-serviceread 2026-11-09

Testing, Debugging & Optimization Full

Forecasting agents are measured against what actually happens. Cash Forecast Variance compares each past forecast with actual inflows and outflows by cash flow category, with historical forecast trends and a variance matrix that drills into how the gap changed over time, and AutoML keeps choosing the most suitable model for each forecast period as payment patterns shift. Anomaly detection retunes itself when users mark alerts as false positives. Collections, cash application and close agents have no test suite or staged run for checking a change before it reaches production.

Sourcehighradius.com/software/treasury-risk/cash-flow-forecasting-software/cash-forecast-varianceread 2026-11-09

Browser / Computer-use Full

Bots work inside customer and retailer portals that HighRadius does not control. Using RPA and the customer's own credentials, they sign in to more than 600 customer AP portals to upload invoices and check their status, flag skipped invoices and resubmit them, gather remittances from more than 500 portals, and move through retailer claim portals such as Amazon and Kroger to search for and download deduction claims. End users manage the portal credentials, and alerts go out when a credential expires or a portal's navigation changes. The browser engine behind the bots goes unnamed.

Sourcehighradius.com/software/order-to-cash/deductions-management/portal-claim-downloadread 2026-11-09

The Agentic Index coverage score grades every vendor Full, Partial or Not documented against the same 14 buyer facing capabilities, from public evidence only. Each capability links to how all vendors in the index score on it. How this evidence is graded

Pricing

Quote only. Subscriptions are priced on modules, integration needs and process complexity, and outcome based pricing charges $0 in implementation and subscription fees until go live, then a share of realized savings.

Annual subscription quoted by modules, integration scope and process complexity, or outcome based pricing with $0 until go live and a share of realized savings after it

Included quota

No quotas, seat counts or agent run limits are public. Standard analytics include O2C benchmarking, value realization, user adoption analysis and standard reports.

What is public

A pricing page describing quoted annual subscriptions, the outcome based pricing announcement with $0 implementation and $0 subscription until go live, and the payment and termination terms of the master subscription agreement.

Billing mechanics

Invoices are due within 30 days in US dollars or the order form currency, late amounts accrue 1.5% a month, and payment is by wire, ACH or check rather than card. Under outcome based pricing, fees start at go live as a fraction of savings measured against a mutually agreed success criteria document.

Cost watchouts

Data as a Service and self service analytics through LiveCube are paid additions, exporting data after termination carries a negotiated cost, and an older collections page describes one time setup fees alongside the monthly subscription.

Variable cost rationale

Under outcome based pricing the fee rises with the savings HighRadius delivers against the agreed baseline, so cost tracks results rather than agent runs, while subscription pricing is fixed by modules and scope; the gain share percentage is not public.

Additional watchouts

No self serve plan, trial or public price, and the share of savings charged under outcome based pricing is not stated.

Overage / add-ons

No overage terms are public. Customers may not reduce contracted subscription capacities during a subscription term.

Sales call required

Yes, required for paid access

Free / trial

No free tier or trial; buyers book a demo or a call with a consultant, and interactive product demos open after a short form.

Lowest paid plan

Not published. Outcome based pricing sets implementation and subscription fees at $0 until go live, then charges a share of realized savings.

Commercial notes

HighRadius Corporation of Houston, Texas sells through its own sales team and consultants, resellers and third party marketplaces, and runs implementation under its Speed to Value method, typically three to six months.

Key ambiguities

No list prices, units or gain share percentages are public, and HighRadius offers both quoted subscriptions and outcome based pricing without stating which customers get which.

Cancellation / refund

Order forms and statements of work under the master subscription agreement cannot be cancelled and fees are not refundable unless the order form says otherwise. Either party may end the agreement for a material breach left uncured after 30 days' notice, and customer data can be exported within 30 days after termination at a mutually agreed cost.

Support SLA / resale

Support and service levels are set in each order form. HighRadius sells directly and through resellers and third party marketplaces, whose own terms then govern payment and refunds.

Missing data

List prices, pricing units, module prices, the gain share percentage, support tiers and service levels.

Agentic Index verified 2026-11-09

Alternatives to HighRadius

The closest documented capability profiles to HighRadius among enterprise operations agents tracked by Agentic Index, ordered by similarity on the same 14 point evidence the rankings use. No vendor pays for placement.

  • Adopt AI11.5 / 14Fuller documented coverage on Observability & Auditability
  • Bretton AI11.5 / 14Fuller documented coverage on Observability & Auditability
  • Leena AI12.0 / 14Adds documented Memory & State Persistence
  • SS&C Blue Prism12.0 / 14Fuller documented coverage on Observability & Auditability and Model Flexibility & Routing
  • Tungsten Automation13.0 / 14Adds documented Memory & State Persistence
  • Weav.ai10.0 / 14A lighter documented profile than HighRadius

Similarity is computed from each vendor's Agentic Index coverage score evidence, axis by axis, not from the totals. How this evidence is graded

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