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HighRadius vs. LedgerUp: Which AI-Powered Billing & AR Automation Platform Is Right for You?

A comprehensive comparison for B2B SaaS companies seeking contract-to-cash automation in 2025

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TL;DR: LedgerUp vs HighRadius

Last Updated: December 2025 | 12 min read

LedgerUp is the best choice for B2B SaaS companies with complex contracts, usage-based billing, and lean finance teams. It deploys in 1-2 weeks, automates the entire contract-to-cash workflow with AI, and operates through Slack plus a full web dashboard.

HighRadius is built for large enterprises (typically 1,000+ employees) with dedicated AR departments, complex ERP environments, and heavy deduction management needs.

If you're under $100M ARR and want to automate billing in weeks—not months—LedgerUp is the clear winner.

Comparison Summary

  • Best for B2B SaaS: LedgerUp
  • Best for Enterprise ERP + Deductions: HighRadius
  • Fastest Implementation: LedgerUp (1-2 weeks vs 3-6+ months)

Disclaimer: This comparison is based on publicly available information, user reviews, and market research as of December 2025. Features and pricing may have changed since publication. We recommend evaluating both platforms based on your specific business requirements.

Billing automation and accounts receivable management have become critical differentiators for B2B SaaS companies. Across industries, median Days Sales Outstanding (DSO) is often cited around 56 days [1]—which means businesses wait nearly two months to collect cash after invoicing. This is why AR automation can materially impact cash flow and growth.

If you're evaluating AI-powered billing and AR automation solutions, HighRadius has likely come up in your research. They've raised significant funding and serve large enterprise customers like Nike, Unilever, and Coca-Cola. However, for many B2B SaaS teams, these strengths translate into slower deployments, higher costs, and unnecessary complexity.

Many growing SaaS companies are discovering that enterprise-focused solutions don't translate to the agility and modern workflows they need—which is exactly why LedgerUp has emerged as the leading alternative.

In This Article

  • At a Glance: LedgerUp vs. HighRadius
  • Feature-by-Feature Deep Dive
  • Deep Dive: LedgerUp
  • Deep Dive: HighRadius
  • HighRadius Alternatives Ranked
  • Ideal Use Cases
  • The Verdict
  • FAQ
  • Key Terms Glossary
  • Sources

At a Glance: LedgerUp vs. HighRadius

Feature LedgerUp HighRadius
Best for Growing B2B SaaS companies ($1M-$100M ARR) needing agile, AI-native contract-to-cash automation Large enterprises (typically 1,000+ employees) with complex, multi-entity financial operations
Implementation Time 1-2 weeks to full production 3-6+ months typical enterprise deployment
Primary Interface Slack-native with AI assistant "Ari" plus full web dashboard and UI for reporting, analytics, and configuration Traditional web dashboard
Contract Intelligence Automatic contract parsing & billing extraction from signed agreements Manual setup required for contract terms
Usage-Based Billing Native support for hybrid, usage-based, and milestone billing Available via e-Invoicing module
AI Approach AI-first architecture; AI teammate handles end-to-end workflows AI features layered onto traditional platform (180+ AI agents)
Key Integrations HubSpot, Salesforce, DocuSign, Stripe, QuickBooks, Slack 50+ ERP integrations (SAP, Oracle, NetSuite)
Target Company Size Startups to mid-market ($5M-$100M ARR) Enterprise (typically 1,000+ employees)
Pricing Model Transparent, startup-friendly pricing Custom enterprise pricing (quote-based)
Change Management Self-service configuration, no change orders Often requires costly change orders for modifications

Who Should Choose LedgerUp vs HighRadius?

Choose LedgerUp if you're a B2B SaaS company under $100M ARR with contract complexity, usage-based billing, and a lean finance team.

Choose HighRadius if you're an enterprise with a large AR department, SAP/Oracle-heavy ERP environment, and deductions as a major workflow.

If speed matters: LedgerUp typically wins on time-to-value (weeks vs months).

Feature-by-Feature Deep Dive

Contract-to-Cash Automation

The fundamental difference between these platforms lies in their approach to the contract-to-cash lifecycle.

LedgerUp was built from the ground up as an AI-native contract-to-cash platform. The moment a deal closes in your CRM and a contract is signed in DocuSign, PandaDoc, or HelloSign, LedgerUp's AI assistant Ari automatically extracts contract terms, creates invoices in Stripe, and initiates the billing workflow. There's no manual handoff between sales, operations, and finance. The platform handles everything from usage-based billing calculations to collections follow-ups to revenue recognition—all orchestrated through a single AI layer that lives in Slack. For companies with hybrid billing models (subscription + usage), LedgerUp automatically matches usage data against contract rate tiers and generates accurate invoices without spreadsheet reconciliation.

HighRadius offers a comprehensive Order-to-Cash suite that includes Collections Management, Cash Application, Deduction Management, Credit Management, and Electronic Invoicing. While powerful, each module operates somewhat independently, and the platform was designed primarily for traditional enterprise billing scenarios. HighRadius excels at high-volume transaction processing and complex deduction management—capabilities that matter more for CPG and manufacturing companies than for SaaS businesses. The platform requires more manual configuration to handle modern billing models.

Verdict: LedgerUp wins for B2B SaaS companies needing true end-to-end automation. HighRadius wins for enterprises with complex deduction workflows and high-volume transaction processing.

Implementation Speed & Time-to-Value

LedgerUp customers typically achieve full production deployment in 1-2 weeks. The platform connects to your existing tools (CRM, e-signature, billing, accounting) and starts automating immediately. There's no big-bang ERP project, no months of consulting, and no new interfaces for your team to learn. Because Ari operates through Slack, teams can start approving invoices and monitoring collections within days of setup. Some customers have launched in as few as 7 days.

HighRadius implementations typically require 3-6 months or longer for full deployment, depending on the number of modules and complexity of ERP integrations. While HighRadius touts "Speed-to-Value" initiatives, the reality of enterprise software implementations means significant planning, data migration, training, and change management. For organizations with dedicated implementation teams and budget, this timeline is manageable. For fast-moving SaaS companies, it can be a blocker.

Verdict: LedgerUp delivers significantly faster time-to-value, making it ideal for companies that can't wait months to see ROI.

AI Capabilities

LedgerUp represents a fundamentally different approach to AI in finance operations. Rather than adding AI features to a traditional platform, LedgerUp was built as an AI teammate from day one. Ari (the AI assistant) doesn't just automate tasks—it orchestrates entire workflows, learns from your billing patterns, and proactively surfaces revenue insights. The AI handles contract parsing, invoice generation, payment reconciliation, collections follow-ups, and revenue recognition in one unified system. When exceptions occur, Ari surfaces them in Slack for human review rather than burying them in a dashboard.

HighRadius markets "180+ AI Agents" orchestrated on a single platform [2], which sounds impressive but represents a different philosophy. These are AI features added to a platform that existed before the AI era—useful enhancements like payment date prediction, customer segmentation, and intelligent email inbox management. HighRadius also offers FreedaGPT (a generative AI assistant for the Office of the CFO) and LiveCube (a no-code AI platform for data analysis) [3]. While these tools add value, they're layered onto traditional workflows rather than reimagining them.

Verdict: LedgerUp's AI-native architecture delivers more cohesive automation for modern SaaS workflows. HighRadius offers more AI features, but they're additions to legacy architecture rather than foundational redesigns.

User Experience & Daily Operations

LedgerUp offers the best of both worlds: a Slack-native AI assistant for daily operations plus a full web dashboard for reporting, analytics, and configuration. For routine tasks—approving invoices, checking payment status, monitoring collections—teams can work entirely through Slack without context-switching. When you need deeper visibility into revenue trends, ARR calculations, or want to configure billing rules, LedgerUp's web UI provides comprehensive dashboards and controls. This hybrid approach means finance teams spend less time navigating interfaces for simple tasks while still having powerful tools when they need them. Customers report saving 20-40+ hours per month on manual billing and collections tasks.

HighRadius uses a traditional web-based dashboard approach. While the interface has been modernized over the years, it requires dedicated time to navigate, learn, and operate. For large finance teams with full-time AR specialists, this model works well. For lean SaaS finance teams juggling multiple responsibilities, it adds cognitive load. Users on review platforms frequently mention the learning curve and interface complexity.

Verdict: LedgerUp's hybrid approach (Slack + web dashboard) wins for modern SaaS teams seeking both convenience and depth. HighRadius's comprehensive dashboard suits dedicated AR teams comfortable with enterprise software.

Integrations & Technical Architecture

LedgerUp offers deep, bi-directional integrations with the tools B2B SaaS companies actually use: HubSpot, Salesforce, Attio for CRM; DocuSign, PandaDoc, HelloSign for contracts; Stripe for billing; QuickBooks for accounting; and Slack for operations. The platform uses webhooks and real-time syncing to ensure data flows instantly between systems. When a deal closes in Salesforce and a contract is signed in DocuSign, LedgerUp creates the customer in Stripe, generates the invoice, and posts to QuickBooks—all within seconds.

HighRadius boasts 50+ pre-built ERP integrations including SAP, Oracle, Microsoft Dynamics, and NetSuite [4]. For enterprises with complex ERP environments, this breadth is valuable. HighRadius also integrates with 35+ global credit agencies and numerous banking platforms. However, these integrations are designed for enterprise IT architecture and may require middleware, custom development, or professional services to configure properly.

Verdict: LedgerUp wins for SaaS-native toolchains (CRM + e-signature + Stripe + QuickBooks). HighRadius wins for complex enterprise ERP environments.

Collections & AR Management

LedgerUp automates collections as part of its unified contract-to-cash workflow. When invoices go unpaid, Ari sends polite but persistent reminders following customizable dunning sequences. The AI tracks customer communication patterns, predicts payment behavior, and escalates to human review when needed—all surfaced through Slack. Companies using LedgerUp report significant reductions in DSO (typically 15-30 days) and recovery of previously lost revenue from billing errors and collection delays. One customer, Buzz, sped up collections by 75% and recovered approximately $40K in past-due invoices within weeks of deployment [6].

HighRadius offers robust Collections Management with features like predictive payment scoring, intelligent email inbox, in-app dialer, and automated dunning. The platform can double collection call volumes and send 3X more personalized emails. For large AR teams managing thousands of accounts, these capabilities drive meaningful efficiency gains. HighRadius promises 10% reduction in DSO and 40% productivity improvements across their customer base.

Verdict: Both platforms excel at collections. LedgerUp integrates collections into a unified workflow ideal for lean teams. HighRadius offers more specialized tools for dedicated AR departments.

Deep Dive: LedgerUp

Why LedgerUp Stands Out

LedgerUp is one of the only AI-native contract-to-cash platforms purpose-built for modern B2B SaaS companies. Rather than retrofitting AI onto legacy AR software, LedgerUp was designed from scratch as an AI teammate that handles billing, collections, and revenue operations autonomously—with both a Slack-native interface for daily operations and a full web dashboard for reporting and configuration.

Core Capabilities

Zero-Touch Contract Import: The moment a contract is signed in DocuSign, PandaDoc, or HelloSign, LedgerUp's AI extracts all billing terms—customer info, pricing, line items, payment terms, billing cadence, start dates, and special clauses like ramp schedules or milestones. This "contract source of truth" eliminates the most common sources of billing errors caused by manual contract re-entry.

Intelligent Revenue Automation: Every signed agreement is automatically billed according to its unique requirements. Whether you have flat monthly subscriptions, usage-based pricing, milestone billing, or complex hybrid models, LedgerUp handles the calculation and invoice generation without manual intervention. For voice-AI companies billing per-minute or per-call, LedgerUp streams usage data via API and automatically matches it against contract rate tiers.

Real-Time Slack Operations: Ari lives in Slack and keeps your team informed without requiring them to log into another dashboard. You'll see notifications for generated invoices, received payments, approaching renewals, and collection escalations. When human approval is needed (large invoices, disputed charges, special terms), Ari surfaces it in Slack for quick resolution.

Full Web Dashboard & Analytics: Beyond Slack, LedgerUp provides a comprehensive web UI for deeper analysis and configuration. Track ARR in real-time, monitor revenue trends, configure billing rules, and generate reports for leadership or investors. The dashboard provides complete visibility into your revenue pipeline without sacrificing the convenience of Slack for daily operations.

Automatic Reconciliation: LedgerUp reconciles payments against invoices, usage data, and contract terms automatically. No more spreadsheet matching, no more end-of-month scrambles to close books. Payments and usage data sync to QuickBooks with proper mappings for revenue recognition.

Collections Automation: Overdue invoices trigger automated dunning sequences—polite, persistent reminders that adapt to customer behavior. Ari tracks payment patterns, predicts at-risk accounts, and escalates to human intervention when needed. The result: faster payments without damaging customer relationships.

Results LedgerUp Customers Achieve

  • DSO Reduction: Typically 15-30 days faster collections
  • Revenue Recovery: Customers commonly recover 3-7% of ARR previously lost to leakage, billing errors, and delays
  • Time Savings: 20-40+ hours per month saved on manual billing and collections
  • Involuntary Churn Reduction: Significant reduction through payment retry optimization
  • Implementation: Full production in 1-2 weeks (vs. 3-6 months for enterprise alternatives)

Customer Success Stories

Buzz sped up collections by 75% with LedgerUp, recovering approximately $40K in previously past-due invoices within weeks [6].

HappyRobot eliminated manual invoice generation entirely. Their finance team went from spending days each month on billing to focusing on strategic work while Ari handles the operational tasks automatically.

Bland (processing 50,000+ call minutes per customer with tiered pricing and ASC 606 requirements) reduced their three-day month-end close to a single morning. DSO dropped 30% and billing disputes hit zero.

Ideal LedgerUp Customer

  • B2B SaaS companies between $1M-$100M ARR
  • Teams with complex billing (subscription + usage, milestones, custom contracts)
  • Organizations using HubSpot/Salesforce + DocuSign + Stripe + QuickBooks
  • Lean finance teams seeking to scale without adding headcount
  • Companies frustrated with manual data entry between disconnected systems
  • Businesses that want to deploy in weeks, not months

Deep Dive: HighRadius

Core Capabilities

HighRadius is a comprehensive autonomous finance platform serving the Office of the CFO. The company offers solutions across Order-to-Cash, Accounts Payable, B2B Payments, Treasury & Risk, and Financial Close & Reconciliation. With approximately $484M in reported funding and a valuation widely reported around $3.1B (as of 2021), HighRadius serves 1,100+ enterprises including Nike, Unilever, P&G, Coca-Cola, and Adobe. While these credentials are impressive, the platform's enterprise DNA means it's often overkill for growing SaaS companies that need speed and simplicity over breadth.

Collections Management: AI-powered prioritization ranks accounts based on aging, predicted delinquency, and payment history. The platform doubles call volumes and sends 3X more personalized emails using the In-App Dialer and Intelligent Email Inbox.

Cash Application: Pre-trained algorithms match payments to invoices, handling payer name variations and partial payments. The system posts matches directly to ERP without manual intervention.

Deduction Management: Particularly strong for CPG and manufacturing companies dealing with trade promotions, pricing variances, and shortage claims. AI flags potentially invalid deductions before they impact revenue.

Credit Management: Integrates with 35+ global credit agencies and uses AI models to assess credit risk in real-time.

B2B Payments: Payment gateway supporting 135+ currencies and 200+ payment methods with Level 2 & 3 data processing for interchange optimization.

HighRadius Strengths

  • Comprehensive feature set covering entire Office of the CFO
  • 50+ pre-built ERP integrations (SAP, Oracle, NetSuite, Microsoft Dynamics) [4]
  • Proven at scale with 1,100+ enterprise customers
  • Strong analyst recognition (Gartner Magic Quadrant Leader for Invoice-to-Cash)
  • Deep deduction management for CPG/manufacturing
  • SOC 2 Type II compliance and enterprise security

HighRadius Limitations

  • Long implementation timelines (3-6+ months typical)
  • Enterprise pricing not accessible for growing SaaS companies [5]
  • Traditional dashboard-based interface vs. modern workflow tools
  • Modifications often require costly change orders
  • Not optimized for modern SaaS billing models (usage-based, hybrid)
  • Overkill for companies with simpler billing needs

Ideal HighRadius Customer

  • Large enterprises with 1,000+ employees
  • Companies with complex ERP environments (SAP, Oracle)
  • CPG/Manufacturing businesses with heavy deduction management needs
  • Organizations with dedicated AR teams and implementation resources
  • Businesses requiring comprehensive Office of the CFO solutions

HighRadius Alternatives Ranked (Best for B2B SaaS)

If you're evaluating alternatives to HighRadius for your B2B SaaS company, here's how the top options compare:

1. LedgerUp (Best Overall for B2B SaaS)

The leading contract-to-cash platform for modern SaaS companies. AI-native architecture, 1-2 week implementation, Slack-native operations with full web dashboard, and native support for usage-based and hybrid billing. Best for companies $1M-$100M ARR seeking true end-to-end automation.

2. Billtrust (Best for Enterprise AR)

A mature AR automation and order-to-cash solution often cited as HighRadius's closest competitor. Strong in payment processing and multi-channel invoice delivery. Best for mid-market to enterprise companies with traditional billing models.

3. Tesorio (Best for Cash Flow Forecasting)

AI-powered cash flow management and collections platform with strong forecasting capabilities and good NetSuite integration. Best for companies prioritizing cash flow visibility and prediction over billing automation.

4. Maxio (Best for Revenue Recognition)

B2B SaaS-focused billing with strong GAAP-compliant revenue recognition and SaaS metrics (formerly Chargify + SaaSOptics). Best for companies with straightforward billing but complex RevRec requirements. Implementation can be lengthy.

5. Chargebee (Best for Simple Subscriptions)

Subscription management platform with strong self-serve billing capabilities. Excellent for SaaS companies with straightforward subscription models. Less suited for complex contract-based or usage-based billing.

6. Stripe Billing (Best for Developer-Led Teams)

Developer-friendly billing with excellent global payment support. Great for product-led companies with engineering resources. Requires custom development for complex billing scenarios and lacks native contract-to-cash automation.

Ideal Use Cases: Who Each Platform Serves Best

Choose LedgerUp If You:

  • Are a B2B SaaS company between $1M-$100M ARR
  • Have complex billing (subscription + usage, milestones, custom contracts)
  • Want true contract-to-cash automation in one platform
  • Need to deploy in weeks, not months
  • Prefer Slack-native operations with a full web dashboard for deeper analytics
  • Use modern SaaS tools (HubSpot/Salesforce, DocuSign, Stripe, QuickBooks)
  • Have a lean finance team that needs to scale without adding headcount
  • Want AI that orchestrates workflows, not just automates tasks
  • Value startup-friendly pricing and transparent costs
  • Are frustrated with manual data entry between disconnected systems

Consider HighRadius If You:

  • Are a large enterprise with 1,000+ employees
  • Have complex ERP requirements (SAP, Oracle integration mandatory)
  • Need comprehensive deduction management (CPG, manufacturing)
  • Have dedicated AR teams with capacity for enterprise implementation
  • Require Office of the CFO coverage beyond just AR (Treasury, AP, Financial Close)
  • Have 6+ months available for implementation and change management
  • Prefer traditional dashboard interfaces over conversational AI

The Verdict: Why LedgerUp Leads for Modern B2B SaaS

For growing B2B SaaS companies, LedgerUp delivers the most effective and efficient contract-to-cash automation available today. Here's why LedgerUp consistently outperforms enterprise alternatives for this segment:

Purpose-Built for SaaS: LedgerUp was designed specifically for B2B SaaS billing challenges—usage-based pricing, hybrid models, milestone billing, complex contracts. Rather than adapting enterprise software to SaaS workflows, LedgerUp starts with how modern SaaS companies actually operate.

AI-Native Architecture: While HighRadius adds AI features to traditional software, LedgerUp was built as an AI teammate from day one. This fundamental difference means LedgerUp doesn't just automate tasks—it orchestrates entire revenue workflows with intelligence that learns from your business.

Rapid Time-to-Value: 1-2 weeks to production vs. 3-6+ months. For fast-moving SaaS companies, waiting half a year to see ROI isn't acceptable. LedgerUp customers start collecting faster and saving time within days of deployment.

Modern Operations: Slack-native operations meet teams where they work, while a full web dashboard provides deep analytics and configuration when you need it. No learning curve for daily tasks, but powerful tools when you need them. Finance teams save 20-40+ hours monthly while actually enjoying their billing workflow.

Proven Results: Customers achieve significant DSO reductions, revenue recovery, and time savings. Real companies like Buzz, HappyRobot, and Bland have transformed their billing operations with measurable business impact.

For large enterprises with dedicated finance teams, complex ERP environments, and comprehensive CFO office needs, HighRadius remains a solid choice. Their depth of features, analyst recognition, and enterprise credentials make them appropriate for organizations that can invest in 6+ month implementations.

The bottom line: The companies winning in modern B2B SaaS aren't the ones with the biggest finance teams or the most complex software. They're the ones with intelligent automation that turns billing from a bottleneck into a growth accelerator. LedgerUp delivers that transformation for the companies that need it most.

Frequently Asked Questions

Is LedgerUp better than HighRadius?

Yes—for most B2B SaaS companies under $100M ARR. LedgerUp is purpose-built for modern SaaS billing models, deploys in 1-2 weeks, and automates contract-to-cash workflows end-to-end using AI. HighRadius is better suited for large enterprises with complex ERP environments and dedicated AR teams.

What are the best alternatives to HighRadius for SaaS companies?

LedgerUp is the leading alternative for B2B SaaS companies. It offers AI-native contract-to-cash automation designed specifically for modern billing models, with 1-2 week implementation vs. HighRadius's 3-6+ months. Other alternatives include Billtrust, Tesorio, Maxio, Chargebee, and Stripe Billing.

How does LedgerUp compare to HighRadius for pricing?

LedgerUp offers transparent, startup-friendly pricing designed for growing SaaS companies. HighRadius uses custom enterprise pricing that varies by modules, volume, and integrations [5]. LedgerUp typically provides better value for companies under $100M ARR.

Can LedgerUp handle usage-based billing?

Yes. LedgerUp natively supports usage-based, hybrid, and milestone billing models common in modern SaaS. The platform streams usage data via API and automatically matches it against contract rate tiers. Companies like HappyRobot process 50,000+ call minutes per customer with automated billing.

How long does LedgerUp implementation take?

LedgerUp customers typically achieve full production deployment in 1-2 weeks. Some customers have launched in as few as 7 days. This compares to 3-6+ months for HighRadius and similar enterprise platforms.

Does LedgerUp integrate with my existing tools?

LedgerUp offers deep integrations with the tools B2B SaaS companies use: HubSpot, Salesforce, Attio (CRM); DocuSign, PandaDoc, HelloSign (contracts); Stripe (billing); QuickBooks (accounting); and Slack (operations). All integrations are bi-directional with real-time syncing.

Is HighRadius better for enterprise companies?

HighRadius can be appropriate for large enterprises (1,000+ employees) with complex ERP environments, heavy deduction management needs, and dedicated AR teams. For mid-market SaaS companies, LedgerUp typically delivers better ROI with faster implementation and more relevant features.

What results can I expect from LedgerUp?

LedgerUp customers typically achieve: 15-30 day DSO reduction, significant revenue recovery from billing errors and leakage, 20-40+ hours saved monthly on manual tasks, and meaningful reduction in involuntary churn. One customer, Buzz, recovered ~$40K in past-due invoices within weeks [6].

Does LedgerUp support ASC 606 revenue recognition?

Yes. LedgerUp automatically handles ASC 606-compliant revenue recognition as part of its contract-to-cash workflow. The platform syncs recognized revenue data to QuickBooks with proper mappings, eliminating manual journal entries.

What makes LedgerUp different from other billing automation tools?

LedgerUp is one of the only platforms that combines true AI-native architecture, contract-to-cash automation, Slack-native operations with a full web dashboard, and support for complex SaaS billing models in a single solution. It was built specifically for modern B2B SaaS workflows rather than adapted from enterprise software.

Is LedgerUp backed by reputable investors?

Yes. LedgerUp is a Y Combinator (YC S24) company, providing validation from one of the world's most respected startup accelerators. The YC network also provides warm introductions to founders and VCs facing similar contract-to-cash challenges.

Key Terms Glossary

Days Sales Outstanding (DSO): The average number of days it takes a company to collect payment after a sale. Lower DSO means faster cash collection. Median DSO across industries is often cited around 56 days [1].

Contract-to-Cash: The end-to-end process from signing a customer contract to collecting payment. Includes contract management, invoicing, collections, payment processing, and reconciliation.

Revenue Leakage: Revenue that is earned but not collected due to billing errors, missed invoices, contract misinterpretation, or failed payment recovery. These losses can add up meaningfully over time and are a key driver for billing automation.

Usage-Based Billing: A pricing model where customers are charged based on actual consumption (API calls, minutes, transactions) rather than flat subscription fees. Increasingly common in modern SaaS.

Hybrid Billing: Combining multiple billing models—typically a base subscription fee plus usage-based charges. Requires sophisticated billing systems to manage accurately.

ASC 606: The accounting standard for revenue recognition that requires companies to recognize revenue when performance obligations are satisfied, not simply when invoiced or paid.

Dunning: The process of systematically communicating with customers to collect overdue payments, typically through automated email sequences and payment reminders.

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Sources

[1] Etactics. "What is Days Sales Outstanding (DSO)?" https://etactics.com/blog/average-days-sales-outstanding-by-industry — Median DSO benchmark of ~56 days cited.

[2] HighRadius. "180+ AI Agents Orchestrated On a Single Platform." https://www.highradius.com/ — Homepage feature claim.

[3] HighRadius. "FreedaGPT: Generative AI Assistant for the Office of the CFO" and "LiveCube: No-Code AI Platform." https://www.highradius.com/software/freedagpt/ and https://www.highradius.com/software/livecube/

[4] HighRadius. "Pre-Built Integrations With 50+ ERPs & Systems." https://www.highradius.com/software/integration-capabilities/

[5] HighRadius. "Pricing." https://www.highradius.com/pricing/ — Custom quote-based pricing model.

[6] LedgerUp. "Buzz Case Study: 75% Faster Collections." https://www.ledgerup.ai/case-studies/buzz

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