HighRadius Expands Partnership with Genpact to Deliver Digital Transformation Outcomes
11 January 2022 - 11:00PM
Business Wire
Deepening Relationship Couples Autonomous
Receivables Software with AR Business Process and Delivery
Expertise from Genpact
Genpact (NYSE: G), a global professional services firm focused
on delivering digital transformation, and HighRadius, the
Artificial Intelligence-powered Order to Cash, Treasury Management
and Record to Report software provider, today announced the
expansion of their strategic alliance. To better serve clients, the
duo will marry the Autonomous Software platform with Genpact’s
global accounts receivables and digital process and delivery
expertise to drive more impactful and measurable business outcomes.
Together, the partners will develop long-term opportunities for
innovation, digital transformation and enhanced client
deliverables.
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HighRadius Expands Partnership with
Genpact to Deliver Digital Transformation Outcomes. (Graphic:
Business Wire)
The closer alignment will position HighRadius to focus on its
next generation of Autonomous Software, while Genpact increasingly
leads client project delivery of the end-to-end business process.
Leveraging its ability to support HighRadius solutions, data
configuration, technical integration and reporting, Genpact will
facilitate productive and tangible business outcomes for
clients.
“Now more than ever, the finance function plays a vital role in
leading businesses through crises, providing agility and insight
that lead to greater resilience. To thrive, organizations must
connect, predict and adapt at speed, placing data at their core and
embracing digital technologies,” said Tiger Tyagarajan, CEO at
Genpact. “Bringing our two companies together in even deeper
partnership will allow a new level of predictive intelligence that
can derive meaningful insights and lead to impactful action for our
clients.”
“If we paint the picture of the future of finance, and therefore
the future of the CFO and the CFO organization, we think about the
world of the CFO as one where technologies will basically allow
them to make decisions every minute,” said Sashi Narahari, Founder
and CEO at HighRadius. “Prediction is what the machine will do.
Decision, judgment and experience are never going to go away from
human beings. So, humans are going to spend more time than they do
today on decisions and examining business outcomes. That’s where
the HighRadius and Genpact partnership can make a big
difference.”
HighRadius and Genpact will focus on the Order to Cash and
Receivables cycle, setting the stage for results that streamline
organizational efficiencies and put digital experts within clients’
companies in more favorable positions to evolve the business.
See the Genpact and HighRadius websites for more information on
the partnership.
About HighRadius Corporation
HighRadius offers cloud-based Autonomous Software for the Office
of the CFO. More than 700 of the world’s leading companies have
transformed their order to cash, treasury and record to report
processes with HighRadius. Our customers include 3M, Unilever,
Anheuser-Busch InBev, Sanofi, Kellogg Company, Danone, Hershey’s
and many more.
Autonomous Software is data-driven software that continuously
morphs its behavior to the ever-changing underlying domain
transactional data. It brings modern digital transformation
capabilities like Artificial Intelligence, Robotic Process
Automation, Natural Language Processing and Connected Workspaces as
out-of-the-box features for the finance & accounting
domain.
Finance business stakeholders have been led to believe that they
have only two choices: pick an application software vendor that
digitizes a paper or Excel-based process to an electronic system of
record, or, choose a middleware platform for AI or RPA to build and
maintain in-house, domain-specific capabilities. In contrast,
HighRadius Autonomous Software combines the best of both worlds to
deliver measurable business outcomes such as DSO reduction, working
capital optimization, bad-debt reduction, reduce month close
timelines and improve productivity in under six months.
Click here to see Autonomous Software in action.
About Genpact
Genpact (NYSE: G) is a global professional services firm that
makes business transformation real. Led by our purpose -- the
relentless pursuit of a world that works better for people -- we
drive digital-led innovation and digitally enabled intelligent
operations for our clients. Guided by our experience reinventing
and running thousands of processes for hundreds of clients, many of
them Global Fortune 500 companies, we drive real-world
transformation at scale. We think with design, dream in digital,
and solve problems with data and analytics. Combining our expertise
in end-to-end operations and our AI-based platform, Genpact Cora,
we focus on the details – all 100,000+ of us. From New York to New
Delhi, and more than 30 countries in between, we connect every dot,
reimagine every process, and reinvent the ways companies work. We
know that reimagining each step from start to finish creates better
business outcomes. Whatever it is, we’ll be there with you –
accelerating digital transformation to create bold, lasting results
– because transformation happens here. Get to know us at
Genpact.com and on LinkedIn, Twitter, YouTube, and Facebook.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220111005060/en/
For Genpact Sarah Joyce 626.379.9829
sarah.joyce@genpact.com
For HighRadius Treble Matt Grant
highradius@treblepr.com
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