B2B Payments

HighRadius Taps New CFO To Keep Pace With AR Evolution


Accounts receivable management company HighRadius has added a new CFO.

The company announced Thursday (May 25) that Johnny Vincent was appointed chief financial officer, where he will direct the firm’s financial and strategic goals for continued growth. He joins HighRadius from Evolve Data Center Solutions, a data center solutions firm, where he was CFO.

According to HighRadius, Vincent will help the company continue expanding during a time of innovation in the AR industry.

“The widespread adoption of machine learning-based automation is transforming the receivables and payables landscape,” said HighRadius Founder and CEO Sashi Narahari in a statement. “Johnny’s proven track record of driving growth at successful companies, combined with his software technology experience and financial leadership, will help us scale HighRadius to take advantage of the large and growing market opportunity for artificial intelligence-based innovation”

“He will be instrumental in providing the finance vision, strategy and leadership to help the company get to the next level of systematic sales growth and gross margin improvement,” Narahari added.

HighRadius noted in its announcement that its customer base grew by more than 200 percent in the last two years. The firm has also expanded by adding offices in the U.K.

“I am very excited to join the HighRadius team to reinforce the exponential growth curve and unprecedented value creation HighRadius delivers,” Vincent said in another statement. “I am looking forward to working alongside a bright and driven team that employs a cutting-edge approach to software innovation and process transformation. Together we will hone the strategy for the finance and business operations that scales to support our growing customer base.”


New PYMNTS Report: Preventing Financial Crimes Playbook – July 2020 

Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. Chris Tremont, EVP at Radius Bank, tells PYMNTS that financial institutions (FIs) can beat such highly organized fraudsters at their own game. In the July 2020 Preventing Financial Crimes Playbook, Tremont lays out how.

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