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HighRadius & Genpact partner to enhance treasury processes

HighRadius, an enterprise SaaS (Software-as-a-service) fintech company, has announced a strategic partnership with Global professional service firm Genpact, to provide improvements to enterprise accounts receivable and to bring digital automation solutions.

“Many enterprises today have been unable to streamline their receivable processes, negatively impacting business operations and profitability. Genpact and HighRadius will solve this challenge by delivering a transformative digital automation solution that enables businesses to maximize their working capital, while enhancing the customer and user experiences. We see a great opportunity to leverage the potent combination of domain know-how, proven technology, and digital sophistication this partnership will bring,” said Katie Stein, Genpact’s chief strategy officer.

Both the companies together are working to enhance the order-to-cash cycle that has direct impacts on revenue optimization, customer experience, margins and cash flow, and more.

“Enterprises can achieve true ROI from investing in order to cash only with an integrated receivables platform that leverages artificial intelligence to automate clerical work, enable decisions, and focus people on real value creation. This partnership will fundamentally shift accounting departments away from legacy models and toward a turnkey solution that is future-proof, scalable, and flexible,” said Sayid Shabeer, chief product officer of HighRadius.

HighRadius is a SaaS company which leverages AI-based autonomous systems to help companies automate Accounts Receivable and Treasury processes.  Its integrated receivables platform reduces cycle times in user’s order-to-cash process through automation of receivables and payments processes.

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