HighRadius
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.
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Cforia
Acquisition in 2024
Cforia Software, established in 2001 by industry veterans with expertise in ERP applications like SAP and Oracle, is a global provider of Order-to-Cash Automation solutions. The company specializes in helping large corporations efficiently manage their accounts receivable, currently handling over $186 billion annually for clients such as Textron and Thermo Fisher Scientific. Cforia's software suite integrates real-time data across diverse ERP systems, offering features like order hold management, multi-currency support, and separate tracking of clean and dirty receivables. The platform includes modules for cash application automation, credit management, collections software, online payments, eBilling portal, and an A/R collaboration portal. With its robust technology and in-house implementation resources, Cforia typically deploys the entire system within one to three months, driving significant cost savings and improved cash flow for clients.
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