HighRadius
75 Case Studies
A HighRadius Case Study
Wesco, a global B2B distribution and supply chain company with $18B in sales across 53 countries, struggled with a highly manual cash-application process—8 million invoices annually, multiple ERPs and remittance formats, and just nine analysts—leading to low hit rates, duplicated work, and poor visibility. To solve this, Wesco chose HighRadius and its Cash Application solution to automate accounts receivable.
HighRadius implemented its Cash Application across 11 ERP instances (with later expansion), using auto-aggregation of remittance data, multi-OCR capture, and automated deduction coding to streamline processing and reduce manual effort. The HighRadius deployment automated roughly 85% of Wesco’s AR, achieved 94% of payments posting automatically to the ERP and 100% deductions auto-coded, cut duplication in collections, and enabled plans to extend automation to more ERPs and to Collections and Credit.
Timothy Murray
Global Director A/R Risk Management