Great value for your money
Use Cases and Deployment Scope
[HighRadius Collections Cloud] management system is a great add-on for any ERP system. It allows the company to work thru [HighRadius Collections Cloud] for all collection activities. Great way to use analytics to help drive down the A/R and use the automation to also drive down the DSO. Very user-friendly and able to make updates as needed.
Pros
- Creates scoring for working worklists
- Able to send out statements and emails electronically
- Segment customer accounts
- Better reporting
Cons
- More out of the box functionality
- Quicker turnaround times with IT department
- Tiered level support for IT tickets
Likelihood to Recommend
[HighRadius Collections Cloud] is well suited for [a] multitude of businesses. It's a well-versed system that uses your current data to help drive automation with the receivables. [It] also uses analytics to help drive forecasting. Businesses need to realize [their] data is what drives [the] program, so [they] need to ensure [the] dataset is valid before trying to convert over to [HighRadius Collections Cloud]. Existing ERP is driving what [HighRadius Collections Cloud] can or can not do.
