Gaviti
Gaviti is a specialized accounts receivable automation software that helps you streamline collections, reduce days sales outstanding, and improve cash flow through automated workflows and real-time performance tracking.
HighRadius
HighRadius provides an AI-powered platform designed to automate your accounts receivable, treasury management, and record-to-report processes for faster cash flow and improved financial accuracy.
Quick Comparison
| Feature | Gaviti | HighRadius |
|---|---|---|
| Website | gaviti.com | highradius.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2017 | 2006 |
| Headquarters | Tel Aviv, Israel | Houston, USA |
Overview
Gaviti
Gaviti is a dedicated accounts receivable automation platform designed to help you take control of your collections process. Instead of manually tracking invoices in spreadsheets, you can deploy automated communication workflows that remind customers of upcoming or overdue payments. The system integrates directly with your existing ERP to provide a single source of truth for your financial data.
You can manage the entire credit-to-cash lifecycle from a centralized workspace, allowing your team to focus on high-value disputes rather than repetitive follow-ups. Whether you are a mid-market company or a global enterprise, the platform provides the visibility you need to reduce bad debt and accelerate cash flow. It simplifies complex global collections with multi-currency support and localized communication templates.
HighRadius
HighRadius offers an Autonomous Finance platform that helps you transform your office of the CFO into a data-driven powerhouse. By using AI and machine learning, you can automate high-volume financial tasks like credit scoring, cash application, and collections management. The software integrates directly with your existing ERP to eliminate manual data entry and reduce the time it takes to convert your sales into actual cash in the bank.
You can manage your entire credit-to-cash cycle and treasury operations from a single interface. Whether you are looking to lower your Days Sales Outstanding (DSO) or improve your cash forecasting accuracy, the platform provides real-time visibility into your financial health. It is specifically designed for mid-market and enterprise-level organizations that handle complex global financial operations and need to scale their accounting processes without adding significant headcount.
Overview
Gaviti Features
- Automated Collections Workflows Design and deploy custom email sequences that automatically trigger based on invoice due dates to ensure timely payments.
- Collections Analytics Track your team's performance and monitor key metrics like Days Sales Outstanding through interactive, real-time data dashboards.
- Customer Self-Service Portal Give your customers a dedicated space to view invoices, make payments, and raise disputes without needing to call your office.
- Credit Management Assess and monitor the credit risk of your clients to make informed decisions about credit limits and payment terms.
- Dispute Management Log and track invoice disputes in a centralized system so you can resolve issues faster and clear outstanding balances.
- Task Management Prioritize your daily collection activities with automated task lists that highlight the most critical accounts requiring human intervention.
HighRadius Features
- AI-Powered Credit Scoring. Automate credit risk assessments using real-time data and AI to approve customers faster while minimizing your bad debt exposure.
- Automated Cash Application. Match incoming payments to open invoices automatically, even with missing remittance info, to keep your books balanced in real-time.
- Electronic Invoicing. Send digital invoices through a self-service portal where your customers can view balances and make payments instantly using multiple methods.
- Collections Management. Prioritize your daily worklists with AI-driven suggestions on which customers to contact first to maximize your recovery efforts.
- Deductions Management. Identify and resolve short-payments or disputed invoices quickly by centralizing all supporting documentation and communication in one place.
- Cash Forecasting. Predict your future cash position with high accuracy across all bank accounts and entities using historical trend analysis.
- Treasury Management. Gain a unified view of your global liquidity and automate your bank reconciliation processes to reduce manual errors.
- Anomalies Detection. Identify potential errors or fraudulent activities in your financial records automatically before they impact your month-end closing.
Pricing Comparison
Gaviti Pricing
HighRadius Pricing
Pros & Cons
Gaviti
Pros
- Significant reduction in Days Sales Outstanding
- Easy integration with major ERP systems
- Highly customizable automated email templates
- User-friendly interface requires very little training
- Excellent visibility into collector productivity
Cons
- Initial workflow setup requires careful planning
- Reporting customization can be complex initially
- Limited functionality for very small businesses
HighRadius
Pros
- Significantly reduces manual effort in cash application processes
- Provides excellent visibility into global accounts receivable status
- AI predictions for payment dates are remarkably accurate
- Integrates deeply with major ERPs like SAP and Oracle
- User interface is clean and easy to navigate daily
Cons
- Initial implementation and configuration can be time-consuming
- Custom reporting tools have a steeper learning curve
- Occasional delays in customer support response times
- Pricing is geared toward larger organizations with high volumes