Cash Application
by HighRadius · ERP and finance · Houston, United States
Automated cash posting, including broker commission matching
What Cash Application does
- Advanced Data Extraction
- AI-Powered Matching Algorithms
- Multi-Channel Data Retrieval
- Multi-Reference Matching
- Omnichannel remittance capture: email, EDI, lockbox, bank statements, and 600+ AP portals
- Multi-format bank statement processing across 75+ global banks (BAI2, EDI, CSV, MT940, CAMT)
- Virtual accounts
What Cash Application is used for
- Automate cash application and payment matching
- Match payments to open invoices automatically
- Resolve exceptions such as short payments and overpayments
- Capture remittance data from emails and PDFs
- Post matched payments to the ERP automatically
Who Cash Application is for
- Banks
About HighRadius
AI-driven finance automation for order-to-cash, treasury and record-to-report, with receivables automation for insurers.
HighRadius in the vendor registry: its products, features and similar vendors.
Also by HighRadius
- Collections Management: Prioritised collections and automated dunning
- EIPP: Electronic invoice presentment and payment portal
- Treasury and record-to-report: Cash forecasting and close automation
More in this category: ERP and finance software.
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