HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, today announced further expansion in the EMEA region after posting triple-digit YoY growth.
Driven by the increase in digital transformation projects in finance departments across the region, HighRadius has reported a 250% increase in bookings, 25 new customers, and a fourfold increase in employees in EMEA in the last 12 months.
After establishing the first European presence in London in 2017, the new location in Frankfurt follows the opening of the Amsterdam office last year. The expansion into Germany will enable HighRadius to support more customers to accelerate their recovery from the impact of COVID-19. The pandemic has increased demand for agile and intelligent credit and collections solutions as organisations focus on maintaining cash flows and strengthening business resilience.
“Frankfurt’s position in central Germany makes other parts of the country readily accessible, and its status as the financial center of the country opens up a gateway to a deep pool of talent and relevant partnerships,” said Jon Keating, HighRadius’ Vice President and General Manager, EMEA.
Germany, along with Switzerland and Austria, present major market opportunities for HighRadius’ autonomous systems for accounts receivable and treasury processes. The office will be staffed with local experts across sales, pre-sales, marketing, and consulting teams.