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Mixture of Order-To-Money automation pioneers brings full Autonomous Finance Platform capabilities to 100 new prospects
HOUSTON — HighRadius, the main supplier of Autonomous Finance software program for Order-to-Money, Treasury, and File-to-Report, introduced the acquisition of Cforia Software program, a number one supplier of Billing and Collections automation software program, with over 100 prospects globally.
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With over 20 years of historical past, Cforia brings extra capabilities and a various set of shoppers to HighRadius. For Cforia prospects, HighRadius is dedicated to persevering with to supply the best ranges of service.
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“We want to welcome Cforia prospects to the HighRadius household. This mixture permits us to convey extra sources and assist to their operations,” mentioned Urvish Vashi, Chief Working Officer of HighRadius.
The transaction closed February 2nd, 2024.
About HighRadius Company
HighRadius gives cloud-based autonomous software program for the workplace of the CFO. Greater than 800 main firms have remodeled their order into money, treasury, and record-to-report processes with HighRadius. Our prospects embrace 3M, Unilever, Anheuser-Busch InBev, Sanofi, Engie GBS Options, Kellogg Firm, Danone, Hershey’s, and lots of extra.
Autonomous software program is data-driven software program that constantly morphs its habits to the ever-changing underlying area transactional information. It brings trendy digital transformation capabilities like synthetic intelligence, robotic course of automation, pure language processing, and linked workspaces as out-of-the-box options for the finance & accounting area.
Earlier than the provision of autonomous software program, finance stakeholders needed to decide between a digital alternative of a paper-based resolution or construct & preserve customized RPA/AI-based instruments in-house. In distinction, HighRadius’ Autonomous platform combines the most effective of each worlds to ship measurable enterprise outcomes equivalent to DSO discount, working capital optimization, bad-debt discount, lowered month-end shut timelines, and improved productiveness in underneath six months.
About Cforia Software program www.cforia.com
Cforia Software program, LLC is a world enterprise options supplier, delivering trade main working capital and accounts receivable (A/R) automation software program. Cforia’s expertly designed, automated order-to-cash platform makes B2B interactions easy, delivering all the pieces shoppers must create seamless buyer experiences and drive higher enterprise outcomes. With clever order-to-cash software program options, Cforia empowers its shoppers to make day-after-day an A/R success story. For extra data, go to www.cforia.com.
View supply model on businesswire.com: https://www.businesswire.com/information/house/20240209394475/en/
Contacts
HighRadius Communications Staff
press@highradius.com
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