HighRadius

Point tool (Accounts Receivable and Order-to-Cash automation)

Mid-market and enterprise B2B organizations (including commercial contractors, building materials suppliers, manufacturing, and distribution, typically with $100M+ in annual revenue)

Privately held (VC-backed; institutional investors include ICONIQ Growth, Susquehanna Growth Equity, D1 Capital Partners, Tiger Global, and Citi Ventures)

2006

Yes. HighRadius offers REST-based APIs (primarily via its 'Data as a Service' / DaaS offering and financial integration connectors) to extract Order-to-Cash, Accounts Receivable, Accounts Payable, and financial close data.

REST-based APIs

Gated behind paid enterprise licensing/add-ons (such as HighRadius Data as a Service) and client authentication. API documentation is not publicly accessible to the open web and requires an enterprise contract and customer/partner portal access.

Custom CSV reports scheduled and sent via email or SFTP, automated batch file transfers in standard formats (CSV, XLS, BAI2, MT940, SWIFT, XML, TXT), and manual or scheduled report exports to Excel and BI platforms.

HighRadius is an AI-driven software platform for enterprise B2B finance, specifically the Office of the CFO, Order-to-Cash (AR), Treasury, and Accounts Payable (AP). Native AI features include its proprietary Rivana AI engine for payment matching and credit risk prediction, autonomous AI agents for cash application and deductions, and the Freeda/FreedaGPT generative AI assistant for collections email generation, real-time call note summaries, and natural language analytics. HighRadius does not offer trade/field service capabilities like AI dispatching, technician scheduling, or job estimating, nor does it provide a Model Context Protocol (MCP) server.

HighRadius does not offer AI-powered field service dispatching, technician scheduling, or construction/trade estimating. Its software suite is strictly designed for enterprise back-office finance, Order-to-Cash (O2C), Accounts Payable, and Treasury management.

1. Freeda / FreedaGPT AI Assistant (Public Beta launched Sept 13, 2023; expanded Feb 2024 / GA): An enterprise generative AI copilot powered by OpenAI models and HighRadius domain data. Key features include: FreedaGPT Email Compose (auto-drafts dunning/collections email responses and attaches invoices/PODs), FreedaGPT Call Assistant (provides live call-to-notes transcription summaries, auto-logs promises-to-pay/disputes, and generates follow-up emails), and FreedaGPT Insights (chat-to-analytics for generating reports via plain English prompts). 2. MCP Server: HighRadius does not offer a native Model Context Protocol (MCP) server.

HighRadius connects to 50+ accounting systems and ERPs using direct APIs, SFTP, and certified ERP connectors. Major supported systems include SAP (S/4HANA, ECC), Oracle (E-Business Suite, Fusion Cloud, NetSuite), Microsoft Dynamics 365 and Business Central, Workday Financial Management, Sage Intacct, and Infor. HighRadius does not maintain direct integrations with field or project management platforms (e.g., Procore, Autodesk Construction Cloud, Foundation); instead, field/PM operational data flows into the core ERP, and HighRadius syncs natively or via custom connectors at the ERP accounting level.

HighRadius does not operate a public, self-serve app marketplace or public partner directory on its website. Instead, it offers an enterprise partner program (system integrators and consulting partners like RSM and PwC) and distributes its modules through third-party cloud marketplaces (AWS Marketplace, Google Cloud Marketplace, Microsoft Azure Marketplace) as well as official ERP app stores (e.g., NetSuite SuiteApp, Sage Intacct Marketplace, Microsoft AppSource).

Neither Merge.dev nor Agave provides a unified API connector for HighRadius. Unified API platforms focus on integrating core ERPs/accounting software and field management platforms, whereas HighRadius connects directly to enterprise ERPs through proprietary extraction tools (such as the HighRadius Extractor for NetSuite), direct APIs, and SFTP data pipelines.

HighRadius supports accrual accounting, featuring automated engines for revenue and expense accruals, balance sheet and GL reconciliations, and revenue recognition compliance under ASC 606 and IFRS 15.

Standard enterprise deployments typically take 3 to 6 months, although lightweight mid-market AI agent configurations advertise go-live timelines as short as 3 to 6 weeks.

Yes; enterprise implementations typically require paid assistance from HighRadius professional services or certified global system integrators and alliance partners (such as EY, Deloitte, Accenture, or PwC) for custom field mapping, ERP connector integration, and workflow setup.

HighRadius is a major enterprise fintech SaaS platform specializing in Autonomous Finance solutions, particularly Order-to-Cash (O2C), Accounts Receivable (AR) automation, Accounts Payable (AP), and Treasury management. Valued at $3.1 billion following a $300 million Series C round in 2021 (with total funding of ~$480 million), HighRadius was named a Leader in the Gartner Magic Quadrant for Integrated Invoice-to-Cash (I2C) Applications (2022-2024) and a Challenger in the 2026 Gartner Magic Quadrant for Accounts Payable Applications. While used across industries including building materials, manufacturing, and distribution, it is a broad enterprise platform rather than a tool built strictly or exclusively for U.S. trade/construction contractors.

HighRadius serves over 1,300 enterprise and mid-market organizations globally, including more than 200 Forbes Global 2000 companies (such as 3M, Unilever, and Red Bull). Specific customer sub-counts for U.S. trade or construction contractors are not publicly reported by the company.