HighRadius Treasury and Risk Pros and Cons

What I like best about HighRadius Treasury and Risk is how easy it is to get realtime cash insights. It has improved our financial planning in many ways by providing a centralized overview of cash positions across all accounts and regions. The platform's easy integration with our ERP system makes sure that data is flowing smoothly, reducing a lot of manual works and mistakes.

The easy to use operating system makes it easy for our team to get the information they need even it's for only for daily cash positions or for forecasting. moreover the ability to automate processes hav saved us a lot of hours allowing us to focus on more important tasks. HighRadius has not only helped our operations but also improved our decision making with precise data. Review collected by and hosted on G2.com.

The setup took longer than expected, and some features felt difficult to figure in the start. especially without prior familiarity with same kind of tools. However, the onboarding resources and documentation they gave was helpful in helping the process. Their customer support sometimes taking a while to respond and it can be frustrating during main implementation phases.

That said once the platform is fully set up it will go smoothly and integrates well with our system. I used it almost daily, and it has greatly helped with task like cash forecasting. The good workflow and realtime insights make it an goodtool for maintaining a good efficiency. Review collected by and hosted on G2.com.

Very useful for many applications. All info in one place, but the layout needs to be adjusted. Review collected by and hosted on G2.com.

Training was not great. Once we are able to have visiabilty to all the uses it will be great. Review collected by and hosted on G2.com.

The core of HighRadius' value is gains in productivity and efficiency. We give our customers the tools they need to better manage their cash flow, forecast it, get paid more quickly, and increase the availability of working capital. Review collected by and hosted on G2.com.

We are unable to fully utilise many of the DMS module's functions because of the extremely low documentation match rate. It seems like it takes forever to address service level tickets. To make DMS more helpful for our team, we still have a lot of work to accomplish. Review collected by and hosted on G2.com.

It's very user friendly and it cut out time on half for setting the cash positón daily. Review collected by and hosted on G2.com.

I can't say that I dislike anything about it at the time. Review collected by and hosted on G2.com.

My favorite aspect of HighRadius is that it streamlines administrative work in A/R processes, allowing teams to devote more time to higher-value activities such as making strategic decisions. With the assistance of artificial intelligence, autonomous software can predict when payments will be late, or disputes will be without merit, thereby assisting the A/R department in making more informed decisions. Teams in charge of operations can see in real-time which customers should be contacted first and in what order, based on the perceived level of risk associated with each customer. This allows for much greater efficiency and accuracy overall. Review collected by and hosted on G2.com.

The only downside to HighRadius is that I don't have enough time to start file transfers for same-day cash posting. With an actual transfer, it all depends on who is making the payment. Review collected by and hosted on G2.com.

The cloud provides easy access to everything I need from multiple devices, including my work computer, and home computer, allowing me flexibility to leave my work in the middle of a task and pick it up later at the same spot, in a different location. This is beneficial because I'm often in the middle of multiple tasks and finding a solid stopping point is difficult. Review collected by and hosted on G2.com.

Using a cloud based computer makes it difficult to do tasks that I normally associate with hardware like disc burning and writing files to USB drives, so accessing information on devices that don't have access to the cloud can be a bit challenging. Review collected by and hosted on G2.com.