Case Study: Caliber Collision achieves $2M annual savings by eliminating duplicate payments with HighRadius

Caliber Collision saves $2M annually by eliminating duplicate payments with HighRadius

Caliber Collision, a major collision repair company with over 1,800 locations, faced significant financial losses and operational inefficiencies. Its decentralized accounts payable process led to $3 million in annual duplicate payments from both errors and fraud that its traditional systems could not detect. To address this, Caliber partnered with HighRadius for its AI-powered solutions.

HighRadius implemented an AI-powered anomaly detection system to automate and secure the invoice processing workflow. The solution proactively identified and flagged duplicate invoices before payment was made. This allowed Caliber to prevent $2 million in annual overpayments, successfully avoiding 12,360 duplicate payments and resolving over 3,000 anomalies within just four months of implementation.

Caliber Collision