HighRadius Treasury review

HighRadius sells treasury as part of a wider finance platform, with Cash Management, Cash Forecasting and Treasury Payments sitting next to its order to cash, accounts payable and close products. The cash module consolidates balances and planned cash flows across banks and entities, pulls statements through direct bank connections, categorizes transactions by region, entity or flow type, and generates GL entries from bank activity using rules. Bank account management tracks openings, changes, closures and signatories, with support for FBAR reporting. Forecasts use machine learning on the same data. HighRadius offers outcome-based pricing in which fees depend on agreed KPI improvements, and it advertises $0 implementation fees under that model, though no subscription price is published. The product is a good fit when AR and cash application already run on HighRadius, because receipts feed the cash position directly. As a standalone TMS, it has less depth in hedging and debt than Kyriba or Nomentia.

Who it is for

Enterprises already using HighRadius for order to cash

Price

See vendor pricing (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• Unified view of cash positions across banks and entities
• Direct bank connectivity with manual upload for low-volume bank files
• Automatic GL entries for bank transactions
• Bank account and signatory lifecycle management with FBAR support
• Machine-learning cash forecasts

Strengths and weaknesses

• Strength: Outcome-based pricing option with $0 implementation fees, per HighRadius
• Strength: Shares data with HighRadius AR, AP and close modules
• Strength: Bank account management covers signatories and approvals
• Weakness: No published subscription prices
• Weakness: Fewer hedging and debt tools than dedicated TMS vendors
• Weakness: Best value only if other HighRadius modules are in use

Key facts

• Modules: Cash Management, Cash Forecasting, Treasury Payments
• Pricing model: Outcome-based option
• Implementation fees: $0 under outcome-based pricing
• Customers: 1500+ finance teams (vendor figure)
• ERP integrations: SAP, Oracle, MS Dynamics, NetSuite

Where it ranks

HighRadius Treasury is No. 9 in our Best Treasury Management Software verdict.