HighRadius Named To The Forbes Cloud 100 Third Year In a Row

HOUSTON & SAN FRANCISCO – HighRadius the leading provider of Autonomous Finance Software for Order to Cash, Treasury and Record to Report, has been named to the Forbes 2022 Cloud 100 for the third year in a row. The list gives a definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.

HighRadius Growth Highlights

  • In April 2022, HighRadius Founder & CEO, Sashi Narahari unveiled Autonomous Finance for the Office of the CFO while explaining why traditional B2B software could be irrelevant 7 years from now.
  • HighRadius launched Autonomous Accounting in 2021 to fundamentally transform the record-to-report process and help controllers achieve ‘zero-day close.’
  • HighRadius was named a Leader in the first-ever Gartner Magic Quadrant for Invoice-to-Cash.
  • HighRadius expanded global presence with new offices in Paris & Bengaluru, in addition to the offices in Houston, London, Amsterdam, Frankfurt, Hyderabad and Bhubaneswar.

The Cloud 100 evaluation process involves ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%). For market leadership, the Cloud 100 enlists the help of a judging panel of public cloud company CEOs who assist in evaluating and ranking their private company peers.

Comments on HighRadius & Forbes Cloud 100

“The companies of the Cloud 100 list represent the best and brightest private companies in this fast-growing sector,” said Alex Konrad, senior editor at Forbes. “Every year, it gets more difficult to make this list — meaning even more elite company for those who do. Congratulations to each of the 2022 Cloud 100 honorees.”

“Being named to the Forbes Cloud 100 for the third straight year is a confirmation that our commitment to transforming the office of the CFO with Autonomous Finance is resonating with our customers, investors and partners,” said Sashi Narahari, Founder and CEO of HighRadius. “B2B software as we know it will be dead in the next 7 years. Most traditional enterprise software are simple record management systems. It’s an electronic version of the paper folders and filing cabinets from the 70s. The future is Autonomous Software driven by domain-specific big data, proven AI use-cases, and a modern B2C-like user experience.”