Deloitte And HighRadius Sign A Strategic Alliance To Accelerate Digital Transformation In The Office Of The CFO

By AIT News Desk On Sep 14, 2021

An alliance that delivers true ‘People-Process-Technology’ transformation that helps global enterprises maximize their financial performance in the age of digital.

HighRadius, the Artificial Intelligence-powered Order-to-Cash and Treasury Management software leader, and Deloitte announced a strategic alliance that will streamline the work of the Office of the CFO, using the HighRadius Autonomous Software platform.

HighRadius and Deloitte, both global leaders in their respective areas, will collaborate to help clients leapfrog into the new era of finance, helping CFOs optimize their working capital and deliver superior customer value. Powered by HighRadius’ artificial intelligence and machine learning capabilities that adapt on $2.23 trillion B2B transactions annually, CFOs can realize the vision of touchless processing and see the value of advanced predictive capabilities that help minimize bad debt, margin leakage and credit risk.

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Combined with Deloitte’s deep experience in finance transformation, clients will experience a new age of digital transformation at an accelerated pace to help CFOs create greater efficiency, effectiveness, margin improvement, cost savings, DSO improvement and more. The alliance will enable both parties to co-innovate to develop sector-specific solutions that would create even greater value for clients.

“As indicated in our Finance 2025 predictions, we believe that transactions will increasingly become touchless as automation reaches deeper into finance operations, simplifying how work gets done and freeing up people to add greater value, all while improving process quality,” said Ranjit Rao, Operational Finance Practice Leader and Principal, Deloitte Consulting LLP. “We are excited about the alliance with HighRadius and the ability to combine Deloitte’s strength of finance transformation capabilities with leading-edge Order-to-Cash technology.”

“This alliance demonstrates the power of combining HighRadius’ industry-leading Autonomous Software platform with the CFO office expertise from Deloitte to help clients digitally transform some of the most complex processes in Finance,” said Sayid Shabeer, Chief Product Officer at HighRadius. “We know clients all over the world trust Deloitte to bring in impactful and disruptive technologies. We are excited Deloitte is adding HighRadius to their solutions that drive digital transformation in the Office of the CFO.”