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HighRadius AP Automation leverages AI-powered agents to streamline the accounts payable automation cycle. Designed for enterprise and mid-market organizations, the solution delivers up to 40% productivity gains, enabling AP teams to process invoices 50% faster, eliminate manual errors, and focus on strategic tasks.
The platform offers integrations with 50+ ERPs (including Workday, SAP, Oracle, NetSuite, Sage, and Salesforce) using API/SFTP to ensure fast deployment with minimal IT effort.
Key Features Include:
● AP Email Inbox: Classify and auto-reply to supplier emails with AI to cut inquiries by 3X.
● Email Invoice Capture: Extract header and line-level data from email invoices with 95% accuracy.
● 3 Way AP Matching: Automate 90% of invoices with price, quantity, and amount variance checks against PO & GRN.
● Non-PO GL Coding: Automatically code 100% of non-PO invoices with GL accounts and accounting dimensions.
● Invoice Approval: Reduce AP cycle time by 2X with automated routing, approvals, and in-email approvals.
● Supplier Statement Reconciliation: Reconcile statements and send automated summary emails to suppliers, cutting inquiries by 3X.
● Supplier Portal: Streamline supplier onboarding, perform KYC/KYB checks, and let suppliers submit invoices, track payments, and update master data in one self-service portal.
What are you waiting for?