Houston-based HighRadius, a provider of cloud-based integrated receivables software, has named Sayid Shabeer as chief product officer. Previously, Shabeer was head of product at Vantiv. HighRadius is backed by Susquehanna Growth Equity.
HOUSTON, Texas—May 17, 2018—HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, today announced the hiring of Sayid Shabeer as the company’s Chief Product Officer.
With extensive experience in B2B payments over the course of his career, Sayid’s addition to the executive team will focus heavily on implementing innovation across the HighRadiusTM Integrated Receivables Platform.
“What attracted me to HighRadius is the intelligent, high-energy talent that is redefining integrated receivables into a strategic advantage for the enterprise,” said Shabeer. “HighRadius’ AI-powered, full cycle credit-to-cash solution is already achieving impressive results for marquee enterprise customers. HighRadius is solving the right problem with the right technology at the right time, and the opportunities ahead are immense. I’m looking forward to the challenge.”
Sayid comes to HighRadius most recently from Vantiv, where he was the Head of Product for the merchant business unit responsible for product strategy and management. He built a career helping customers navigate the ever-changing fintech landscape, evolving products through foundational changes in B2B payments, AI and data science.
HighRadius recently unveiled the ‘Receivables 2020’ vision at Radiance, its credit and A/R conference summit in February, setting aggressive milestones to eliminate manual overhead in fintech.
“Getting to a world where only 20 percent of payments are paper-based or manually processed is possible,” said Sashi Narahari, CEO of HighRadius. “Innovation is the cornerstone to meeting that objective. Sayid’s background and insights in B2B payments serves as the perfect experience to help us build toward that future.”
About HighRadius Corporation
HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company. The HighRadius™ Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing and payment processing. Powered by the Rivana™ Artificial Intelligence Engine and Freda™ Virtual Assistant for Credit-to-Cash, HighRadius Integrated Receivables enables teams to leverage machine learning for accurate decision making and future outcomes. The radiusOne™ B2B payment network allows suppliers to digitally connect with buyers, closing the loop from supplier receivable processes to buyer payable processes. HighRadius solutions have a proven track record of optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, and increasing operational efficiency so that companies may achieve strong ROI in just a few months. To learn more, please visit www.highradius.com.
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