Great value for your money
October 11, 2021

Great value for your money

George Uko | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with HighRadius Collections Cloud

[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
  • Reporting
  • Scoring accounts
  • Electronic invoicing and communications
  • Has helped drive down DSO
  • Reduced staffing
  • Allowed us to better segment customer accounts
[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].

Do you think HighRadius Accounts Receivable delivers good value for the price?

Yes

Are you happy with HighRadius Accounts Receivable's feature set?

Yes

Did HighRadius Accounts Receivable live up to sales and marketing promises?

Yes

Did implementation of HighRadius Accounts Receivable go as expected?

Yes

Would you buy HighRadius Accounts Receivable again?

Yes

[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.

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