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HighRadius Autonomous Receivables vs. Quadient Accounts Receivable

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    HighRadius Autonomous Receivables

    Score7.7 out of 10
    N/AAutonomous Receivables, from HighRadius headquartered in Houston, is an AI-powered accounts receivable solution. It is designed to reduce DSO and bad debt with the best Accounts Receivable Management Software. The solution connects credit, billing & invoicing, cash application, deductions, and collections into a single business process.N/A

    Quadient Accounts Receivable

    Score8 out of 10
    N/AQuadient Accounts Receivable, formerly YayPay but acquired by Quadient in 2020, is presented as a complete accounts receivable management platform that gives user's teams more time, more insight, and more control.N/A
    Pricing
    HighRadius Autonomous ReceivablesQuadient Accounts Receivable
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    HighRadius Autonomous ReceivablesQuadient Accounts Receivable
    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 Autonomous ReceivablesQuadient Accounts Receivable
    Likelihood to Recommend
    9.0
    (1 ratings)
    8.1
    (2 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.2
    (1 ratings)
    Usability
    -
    (0 ratings)
    8.2
    (1 ratings)
    User Testimonials
    HighRadius Autonomous ReceivablesQuadient Accounts Receivable
    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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    Quadient
    Amazing tool for workflow automation, customer self service, housing customer information in one repository, risk assessment for customers. Less helpful for cash forecasting and a bit more rigid for workflow set ups if the customer has multiple accounting pathways to send notifications to.
    Read full review
    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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    Quadient
    • User friendly dashboard
    • Ease of use setting up workflows
    • Easy to follow aging report to reconcile
    • DSO on the front home page
    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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    Quadient
    • Workflows are not set up to easily choose different billing contact choices (invoice, inquiry statements to different aliases)
    • Cash forecasting graphics are unhelpful and can be refined
    • DSO calculation is set at 365 day average only - there are no options to view DSO averages by collector or 90 days averages
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    Likelihood to Renew
    HighRadius
    No answers on this topic
    Quadient
    Amazing tool which we love. Definitely something to consider if you have a high volume of customers or your team runs lean as it does a lot of the touches without human support
    Read full review
    Usability
    HighRadius
    No answers on this topic
    Quadient
    Super easy set up - does not need Admin support to create workflows or templates - anyone with a sense of receivables processes can do it
    Read full review
    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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    Quadient
    Quadient stacked up pretty well. Pricing was a bit higher than what we wanted to spend; however, based on the value we are receiving in a streamlined product, we pulled the trigger on it. Dunning was a bit more limited and manual process in the collections process so we opted for Quadient.
    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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    Quadient
    • Decrease in our DSO which was relatively high before
    • Ease of use by our customers to gather statements or invoices
    • Ease of use platform for all employees
    Incentivized
    Read full review
    ScreenShots