Case Study: EmployBridge achieves 80% auto-cash posting and 62% reduction in outsourcing costs with HighRadius Cash Application

Simplifying 3-Way Payment Matching And Saving On 62% Outsourcing Costs With Cash Application Automation

EmployBridge, a Georgia-based leader in industrial staffing with more than $3.1B in annual revenue, struggled with a manual, Excel-based cash application process handling ~27,000 payments per month across disparate ERPs and business units after a merger. To resolve error-prone three-way matching, delayed cash posting, and high lockbox and outsourcing costs, EmployBridge selected HighRadius and its Cash Application solution.

HighRadius implemented an ERP-agnostic, AI-powered Cash Application (including automated 3‑way matching, OCR and mobile MRDC) to centralize remittance data and enable touchless posting. The deployment delivered immediate impact: 50% automation on day one, an 80% auto-cash posting hit rate, 100% elimination of lockbox fees (saving ~$100,000/year), a 62% reduction in outsourcing costs, and reallocation of 47% of FTEs to higher-value work.

EmployBridge

Semira Jusic

Director Credit and Collections