SmartFactory for NetSuite
Back to products
Blend ERP - Formula & Recipe Management for NetSuite

RadiusOne AR for NetSuite

Status: Unverified

A seamless integration solution built for NetSuite, super-charge your finance team with best-in-class automation solution and upgrade your order-to-cash processes with HighRadius’ Autonomous Receivables.Autonomous Receivables is an AI-powered solution that automates AR processes to maximize cash flow and working capital. More than 700 of the world’s leading companies have transformed their finance processes with HighRadius.

View on Suiteapp.com

Categories: , ,
Description

Complete Order-to-Cash Solution for NetSuite

Trusted by the fastest growing mid-market companies in the industry, HighRadius is a leading Fintech company that provides end-to-end order-to-cash automation to fast-track cash conversion. With a comprehensive solution portfolio ranging from pre-packaged A/R modules based on industry-specific best practices for SMBs to enterprise-grade, autonomous solutions for Fortune 1000 companies – we aim to scale with you!

The HighRadius RadiusOne A/R Suite includes a set of AI-powered solutions to automate A/R processes including eInvoicing, Payments, Collections, Cash Reconciliation & Credit Risk Management.

Automate your A/R and let your remote teams work uninterrupted on a centralized platform for easy information access and streamlined collaboration to save time on manual and repetitive tasks. Get visibility and control over your receivables to maximize cash flow, optimize working capital and reduce Days Sales Outstanding (DSO).

With a seamless integration solution built for NetSuite, super-charge your finance team with best-in-class receivables solutions. Get up and running in under 6 weeks, without borrowing support and time from your IT team.

Key Benefits

Optimize Working Capital, Achieve High ROI: Maximize your working capital with best-in-class collections strategies, and reduce Days Sales Outstanding (DSO) with e-invoicing and e-payments for faster time-to-cash. Enable early dispute identification for faster resolution and recovery to reduce bad-debt.

Frictionless e-Invoicing and Payments: Achieve faster, automated invoice delivery via emails or web-portals and save on paper costs. Empower your customers to pay in their preferred payment format including ACH and Credit Cards in just a few clicks to reduce past-due A/R.

Increase Productivity, Save Time: Safeguard your teams’ time with zero-touch Cash Reconciliation that automates manual and repetitive tasks such as remittance aggregation and invoice matching. Let your finance teams focus on high-yield downstream functions such as Credit and Collections.

Proactive Collections Management: Do more with less. Boost your collections outreach with prioritized worklists and ready-to-use correspondence templates. Free-up your collectors’ time to focus on high-risk accounts and proactive customer management.

Digital Enablement for ‘Work-from-Home’ Teams: Enable remote teams to work uninterrupted with a centralized solution for easy access to information, streamlined collaboration, drill-down analytics, and reports.

Real-time Credit Risk Monitoring: Never lose sight of diverse customer portfolios with automated and real-time credit risk monitoring. Reduce credit risk while continuing to serve the best to your customers.

Lightning Fast Remote Deployment

Enable seamless integration with NetSuite with minimal IT dependency and prepackaged modules with industry best practices – a quick solution to supercharge your A/R.

Install and configure RadiusOne A/R Suite bundle on NetSuite instance to initiate the data sync in a few simple steps.

Initiate easy data sync in a few simple steps by installing and configuring RadiusOne A/R Suite bundle on NetSuite instance.

FEATURES

Frictionless eInvoicing & Payments

Automated Invoice Delivery: Auto-deliver invoices and account statements to your customers through email or push the information into popular SMB A/P portals including Ariba and Coupa and accounting software including Quickbooks and Xero to track the delivery and save on paper costs.
Faster e-Payments: Provide your customers with the convenience of multiple payment methods including ACH and Credit Cards to pay in the format they prefer. Enable 'Pay Now' option embedded in dunning emails to get paid faster.
Self-Service Customer Portal: Empower your customers to manage their invoices and account statements, create disputes, and make payments in a few clicks without the need for ad-hoc collaboration.

Proactive Collections Management

Prioritized Collections Worklists: Let your collectors prioritize their workday with an auto-generated worklist based on account segmentation factors such as receivables age, along with recommended collections action for each item to enable proactive collections management.
Automated Dunning: Scale your collections outreach with automated dunning via email & ready-to-use correspondence templates on most collections use-cases to ensure timely payments. Eliminate the need for manual, ad-hoc customer collaboration, and enable positive customer experience.
In-App Calling: Let your collectors identify and easily call customers directly from the solution with Native VOIP calling via the app with CTI (Computer Telephony Integration) - a single system for all collections collaboration.
Centralized Platform: Empower your ‘work-from-home’ teams with a single tool to access account details, collaboration history including call logs and payment commitments, and past payment trends to customize the collections strategy and have all the information available at fingertips.

Cash Reconciliation

Automated Remittance Aggregation: Embrace the flexibility of auto-capturing remittance data across check stubs with smart OCR ( Optical Character Recognition). Pull remittance details from emails, email attachments, and web-portals using AI-enabled, template-agnostic technology to ensure accurate data capture across all remittance file formats and languages.
Invoice Matching: Enable auto-linking of the remittance and payment information and automate invoice matching to ensure straight through cash posting with zero-touch and minimal exceptions.
Deduction Identification: Enable early identification of deductions at the source based on short-payments or over-payments for proactive resolution & faster recovery to reduce bad-debt.

Credit Risk Management

Online Credit Application: Set-up online credit application process to fast-track customer onboarding with ready-to-use templates. Stay on top of new credit applications with accurate & valid information.
Real-time Credit Integration: Monitor your diverse customer portfolios with real-time credit risk monitoring to track high-risk accounts and identify potential bankruptcies. Stay vigilant with real-time notifications and risk-mitigation strategies while continuing to serve the best to your customers.
Automated Credit Scoring: Scale your credit management process with a robust & flexible credit scoring model to auto-assign risk score, risk category, and credit limits for customers. Free-up your credit analyst’s time to focus on critical requests and at-risk accounts.
Credit Management Standardization and Workflows: Ensure process compliance and standardize the credit management process by indexing all credit data and decisions. Standardize workflows for credit management to ensure that important credit decisions are approved through the right hierarchy.