Genpact along with HighRadius to help companies Automate Accounts Receivable and Treasury Processes

Genpact and HighRadius announced a strategic partnership that will provide improvements to enterprise accounts receivable and bring together digital automation solutions powered by advanced machine learning and artificial intelligence.

“Many enterprises today have been unable to streamline their receivable processes, negatively impacting business operations and profitability," said Katie Stein, Genpact’s Chief Strategy Officer. “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.”

Genpact and HighRadius will work together to innovate within the order-to-cash cycle – a critical business process that has a direct impact on improving key value outcomes for enterprises spanning customer experience, revenue optimization, 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,” said Sayid Shabeer, Chief Product Officer of HighRadius. “This partnership will fundamentally shift accounting departments away from legacy models and toward a turnkey solution that is future-proof, scalable, and flexible.”