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HighRadius Accounts Receivable vs. Trovata

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    HighRadius Accounts Receivable

    Score7.1 out of 10
    N/AAutonomous 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

    Trovata

    Score6 out of 10
    N/ATrovata helps businesses automate the work it takes to gather and normalize all of its financial data. Trovata lets finance and treasury teams access, build, manage, and control their own trove of financial data – from banks, business & accounting systems, and external markets. For cash forecasting, Trovata collects and normalizes data, then generates a forecast. Trovata leverages machine learning to establish a forecast baseline, analyze historical data trends and increase forecast accuracy.

    $2,400

    per month

    Pricing
    HighRadius Accounts ReceivableTrovata
    Editions & Modules
    No answers on this topic
    Mid Market
    $2,400
    per month
    Small Enterprise
    $3,500
    per month
    Enterprise
    custom pricing
    Offerings
    Pricing Offerings
    HighRadius Accounts ReceivableTrovata
    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
    User Ratings
    HighRadius Accounts ReceivableTrovata
    Likelihood to Recommend
    9.0
    (1 ratings)
    9.0
    (1 ratings)
    User Testimonials
    HighRadius Accounts ReceivableTrovata
    Likelihood to Recommend
    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.
    Incentivized
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    Trovata, Inc
    If you want to know how much cash you have, forecast more quickly, and manage cash flow with precision, then Trovata [is] the cash management you need. The account integration and the capture of data are really easy to use. It's a program you can learn quickly [about] how it functions and will be really valuable in your company.
    Incentivized
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    Pros
    HighRadius
    • Creates scoring for working worklists
    • Able to send out statements and emails electronically
    • Segment customer accounts
    • Better reporting
    Incentivized
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    Trovata, Inc
    • You can run "what if" scenarios.
    • Trovata has alerts/notifications.
    • [It has] dashboard creation.
    • [It is] easy to visualize the data.
    Incentivized
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    Cons
    HighRadius
    • More out of the box functionality
    • Quicker turnaround times with IT department
    • Tiered level support for IT tickets
    Incentivized
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    Trovata, Inc
    • Have a better transaction monitoring
    • Deploy a desktop program
    • Have videos for training and use
    Incentivized
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    Alternatives Considered
    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].
    Incentivized
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    Trovata, Inc
    Trovata supports the users to connect directly with their banks. For example, for our organization, we can check all the cash data, make a report, and forecast more accurately with precision, and that's because you can find all the information on one platform. In comparison to other apps, the [customer] service from Trovata [is] amazing. They've been supportive and always respond very quickly when you have questions or don't know how to do something.
    Incentivized
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    Return on Investment
    HighRadius
    • Has helped drive down DSO
    • Reduced staffing
    • Allowed us to better segment customer accounts
    Incentivized
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    Trovata, Inc
    • Trovata helps us with the risk because of their capability [to] run "what if" scenarios, we can know if we need to invest the money or not.
    • With real-time data and monitoring, we can be sure [of] how much money we have at the moment.
    • We can track all the transactions thanks to Trovata.
    Incentivized
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    ScreenShots

    Trovata Screenshots

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