TrustRadius

Anchor vs. HighRadius Accounts Receivable

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anchor
Score 9.5 out of 10
N/A
Anchor is an accounts receivable automation system that changes way billing is done by automating the process. The software is designed to serve accountants, bookkeepers, tax advisors, and similar agencies.
$5
one-time fee per payment received
HighRadius Accounts Receivable
Score 7.5 out of 10
N/A
Autonomous Receivables, from HighRadius headquartered in Houston, is anaccounts receivable solution. It is designed to reduce DSO and bad debt, and connects credit, billing & invoicing, cash application, deductions, and collections.N/A
Pricing
AnchorHighRadius Accounts Receivable
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AnchorHighRadius Accounts Receivable
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
AnchorHighRadius Accounts Receivable
Best Alternatives
AnchorHighRadius Accounts Receivable
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 9.0 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 9.0 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.0 out of 10
Accounting Seed
Accounting Seed
Score 8.0 out of 10
Enterprises
BlackLine
BlackLine
Score 8.9 out of 10
BlackLine
BlackLine
Score 8.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AnchorHighRadius Accounts Receivable
Likelihood to Recommend
-
(0 ratings)
9.0
(1 ratings)
User Testimonials
AnchorHighRadius Accounts Receivable
Likelihood to Recommend
Anchor
No answers on this topic
HighRadius
[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.
George Uko | TrustRadius Reviewer
George Uko
A/R Credit Manager
Read full review
Pros
Anchor
No answers on this topic
HighRadius
  • Creates scoring for working worklists
  • Able to send out statements and emails electronically
  • Segment customer accounts
  • Better reporting
George Uko | TrustRadius Reviewer
George Uko
A/R Credit Manager
Read full review
Cons
Anchor
No answers on this topic
HighRadius
  • More out of the box functionality
  • Quicker turnaround times with IT department
  • Tiered level support for IT tickets
George Uko | TrustRadius Reviewer
George Uko
A/R Credit Manager
Read full review
Alternatives Considered
Anchor
No answers on this topic
HighRadius
[HighRadius Collections Cloud] encompasses several modules that interact with one another. This allows the data to talk between the different modules, this [is] one of the main strengths of [HighRadius Collections Cloud].
George Uko | TrustRadius Reviewer
George Uko
A/R Credit Manager
Read full review
Return on Investment
Anchor
No answers on this topic
HighRadius
  • Has helped drive down DSO
  • Reduced staffing
  • Allowed us to better segment customer accounts
George Uko | TrustRadius Reviewer
George Uko
A/R Credit Manager
Read full review
ScreenShots