Accenture Finance and Accounting Business Process Outsourcing Services vs HighRadius Accounts Payable comparison

Accenture offers a complete suite of F&A services including: Procure-to-Pay (P2P), Order-to-Cash (O2C), Record-to-Report (R2R), and Financial Planning & Analysis (FP&A). Accenture can deliver F&A BPO in an as-a-service mode.

• Plug-in, scalable, secure, and consumption-based.
• Supported by analytics, cloud, and automation.
• Delivered according to specified business outcomes.

Accenture's F&A BPO offering also includes Accenture Hospitality Services, a scalable shared-services model specifically designed by, and for the hospitality industry.

HighRadius Accounts Payable leverages Agentic AI to enhance the invoice-to-pay process by automating tasks and improving visibility in invoices, approvals, and payments.

HighRadius Accounts Payable automates from invoice capture to vendor payments, achieving 95% invoice automation and 90% fraud detection. The Supplier Portal reduces AP inbox traffic by 60%, and the Payments module optimizes cash flow through various payment types. It integrates with over 50 ERP systems like SAP and Oracle, boosting efficiency and accuracy.

What are the key features of HighRadius Accounts Payable?

• AI-driven capture and 3-way matching for up to 95% automation.
• Supplier Portal for real-time invoice tracking and query resolution.
• Vendor Payments module with fraud detection and multi-bank connectivity.

What benefits and ROI can be expected?

• Achieve 95% PO invoice automation and 50% processing cost reduction.
• Supplier Portal enhances satisfaction and reduces disputes.
• Vendor Payments improve cash flow management and timeliness.

In finance-intensive industries, HighRadius Accounts Payable's robust integration capabilities with major ERP systems promote quick implementation and minimal IT effort, making it ideal for businesses aiming to streamline their financial operations efficiently.