HighRadius Corporation is a technology company specializing in financial supply chain management software solutions aimed at automating and optimizing receivables processes for businesses. Founded in 2006 and headquartered in Houston, Texas, with additional offices in Europe and the Asia Pacific, HighRadius provides a suite of cloud-based products that enhance efficiency in various industries, including consumer products, manufacturing, and distribution. Its offerings include automated solutions for cash application, dispute resolution, credit memo approval, and correspondence automation, all designed to streamline the order-to-cash cycle and improve financial performance. The company’s platform enables organizations to achieve touchless cash management and accurate cash forecasting while facilitating better collaboration across departments. HighRadius has formed strategic partnerships with notable entities, enhancing its market position and capabilities in the financial technology landscape.
Cforia Software, founded in 2001 by experienced technology professionals, specializes in order-to-cash automation software aimed at enhancing collections and cash management for businesses. The company serves large corporations managing over $186 billion in annual accounts receivable. Its comprehensive software suite includes features such as cash application automation, credit management, collections tools, and an online payments portal, all designed to streamline the conversion of accounts receivable into cash and improve credit exposure management. Cforia's technology allows for real-time data integration across various ERP systems, supports multiple currencies and languages, and offers tailored solutions for different business units. The implementation of Cforia’s platform typically takes one to three months, leveraging data integration connectors and in-house project resources to deliver efficient results for clients, including notable names like Textron and Thermo Fisher Scientific.
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