Autonomous Finance for O2C, Treasury & R2R | HighRadius (2024)

FAQs

What is autonomous finance? ›

Autonomous finance refers to the automated management of financial activities by leveraging practical artificial intelligence (AI), natural language processing (NLP) that interprets human language, and machine learning that continuously absorbs and learns from data inputs.

About HighRadius

Started in 2006 by Sashi Narahari- Indian-origin Founder & CEO, and headquartered in Houston, HighRadius is the #1 choice for Order to Cash automation for more than 800 of the world's leading companies, including a third of the Fortune 1000.

HighRadius is a financial technology company that uses artificial intelligence to help companies automate accounts receivable and treasury processes.

HighRadius's main headquarters is located at 2107 Citywest Blvd Suite 1100 Houston, Texas 77042 US. The company has employees across 6 continents, including AsiaNorth AmericaEurope.

Generally, an autonomous investment represents the essential investments made by the government or private sector, such as spending on infrastructure, healthcare, and education. These investments are made to achieve long-term goals and societal benefits.

Autonomous Transactions: These are independent of all other transaction in the BOP. These transactions are not influenced by the foreign exchange position of the country. Exports, imports, etc are some examples. Accommodating Transactions: These are undertaken to cover deficit or surplus in the autonomous transactions.

Houston-based startup HighRadius is the latest US startup to become a unicorn . The AI-based startup raised $125 million in a series B round of funding from ICONIQ Capital, along with participation from Susquehanna Growth Equity and Citi Ventures.

HighRadius was founded in 2006 by Sashi Narahari. It started with an on-premise solution, offering software that could be installed on a company's own servers to streamline its accounts receivable processes.

HighRadius is a Fintech enterprise SaaS business that offers subscription-based pricing allowing you to pay-as-you-go making it completely unique and adaptable.

HighRadius achieved “unicorn” status in January 2020 and has since grown to a valuation of $3.1 billion following this latest funding round, Fintech Futures reports.

Why would HighRadius be an exciting place to join work? ›

HighRadius fosters intellectual and career growth with a supportive team that encourages discussion and collaboration to improve products.

HighRadius's Net Promoter Score (NPS) is a -20 with 35% Promoters, 10% Passives, and 55% Detractors. Net Promoter Score tracks whether HighRadius's customers would recommend using the product based on a scale of -100 to 100.

Financial autonomy refers to a university's ability to decide freely on its internal financial affairs. The ability to manage its funds independently enables an institution to set and realise its strategic aims.

🦉 Autonomous accounting is a single system that automatically generates real-time financial statements, insights and analysis, reconciliations, variance reports, and metrics whenever prompted while learning, getting faster and more accurate every day.

Autonomous finance refers to the use of advanced technology, such as artificial intelligence and machine learning, to automate and streamline financial processes.

Autonomous Finance by Gartner refers to the concept of utilizing advanced technologies such as AI and machine learning to automate financial processes.