FIS Treasury and Risk Manager (Quantum) vs HighRadius Treasury
treasury & cash management head-to-head for ERP teams: evidenced capabilities, published pricing, and which ERPs each actually integrates with.
| Starting price | Quote-based | Quote-based |
| Deployment | Cloud, On-premise | Cloud |
| Company size | Enterprise | Mid-market, Enterprise |
| Stated ERP integrations | SAP, Oracle Fusion Cloud | SAP, Oracle Fusion Cloud, NetSuite, Microsoft Dynamics 365, Sage Intacct, Workday |
| Vendor | FIS | HighRadius |
Our take
Where FIS Treasury and Risk Manager (Quantum) leads
- Stronger evidenced coverage on 22 of the 34 capabilities where they differ (led by derivatives & financial instrument management and hedge accounting).
Where HighRadius Treasury leads
- Stronger evidenced coverage on 12 of the 34 capabilities where they differ (led by ai/ml-powered cash flow forecasting and forecast vs actual variance analysis).
- Stated NetSuite, Microsoft Dynamics 365, Sage Intacct, Workday integration the alternative doesn't list.
Where they differ
The 34 capabilities (of 59 in the treasury & cash management taxonomy) where the evidence separates them, biggest gaps first. “Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
| Capability | ||
|---|---|---|
| AI/ML-powered cash flow forecastingCash Forecasting | Not evidenced | Core strength |
| Forecast vs actual variance analysisCash Forecasting | Not evidenced | Core strength |
| Category-level forecasts (AR, AP, payroll, tax)Cash Forecasting | Not evidenced | Core strength |
| Derivatives & financial instrument managementRisk & Financial Instruments | Core strength | Not evidenced |
| Hedge accountingRisk & Financial Instruments | Core strength | Not evidenced |
| Mark-to-market valuation & reportingRisk & Financial Instruments | Core strength | Not evidenced |
| Debt and borrowings managementDebt, Investment & In-House Banking | Core strength | Not evidenced |
| Generative-AI natural-language queriesPlatform, AI & Integrations | Core strength Treasury GPT AI assistant | Not evidenced |
| Rapid, low-IT onboardingPlatform, AI & Integrations | Not evidenced | Core strength Weeks-scale onboarding with minimal IT involvement |
| Bank statement aggregationCash & Liquidity Management | Not evidenced | Supported |
| Cash pooling & concentrationCash & Liquidity Management | Not evidenced | Supported |
| Multi-currency, multi-entity cash reportingCash & Liquidity Management | Supported | Not evidenced |
| Automated bank reconciliationCash & Liquidity Management | Not evidenced | Supported |
| Intercompany / group cash visibilityCash & Liquidity Management | Not evidenced | Supported |
| Centralised payment processing hubPayments & Bank Connectivity | Supported | Not evidenced |
| Payment approval workflowsPayments & Bank Connectivity | Supported | Not evidenced |
| Host-to-host and API bank connectivityPayments & Bank Connectivity | Not evidenced | Supported |
| Payment status tracking & confirmationsPayments & Bank Connectivity | Supported | Not evidenced |
| Sanctions & compliance screeningFraud Prevention & Compliance | Supported | Not evidenced |
| FX exposure management & hedgingRisk & Financial Instruments | Supported | Not evidenced |
| Interest-rate risk managementRisk & Financial Instruments | Supported | Not evidenced |
| Commodity risk managementRisk & Financial Instruments | Supported | Not evidenced |
| Exposure aggregation & simulationRisk & Financial Instruments | Supported | Not evidenced |
| Investment portfolio managementDebt, Investment & In-House Banking | Supported | Not evidenced |
| In-house bankingDebt, Investment & In-House Banking | Supported | Not evidenced |
| Bank account registerBank Account Management | Supported | Not evidenced |
| Signatory & authorisation trackingBank Account Management | Supported | Not evidenced |
| Account opening/closing workflowsBank Account Management | Supported | Not evidenced |
| Bank fee analysisBank Account Management | Supported | Not evidenced |
| Regulatory & compliance reportingTreasury Accounting & Reporting | Supported | Not evidenced |
| Custom report builderTreasury Accounting & Reporting | Not evidenced | Supported |
| Real-time cash positioningCash & Liquidity Management | Supported | Core strength |
| Liquidity planningCash & Liquidity Management | Core strength Liquidity Hub aggregates ERP and bank API data | Supported |
| Certified ERP connectorsPlatform, AI & Integrations | Supported | Core strength 50+ ERP integrations advertised |
Both grade identically on the other 25 capabilities — see each product's full profile: FIS Treasury and Risk Manager (Quantum), HighRadius Treasury.
FIS Treasury and Risk Manager (Quantum) vs HighRadius Treasury — FAQs
Is FIS Treasury and Risk Manager (Quantum) or HighRadius Treasury better for ERP integration?
Both state integrations with SAP, Oracle Fusion Cloud. HighRadius Treasury additionally lists NetSuite, Microsoft Dynamics 365, Sage Intacct, Workday. Always verify the connector against your ERP version with a reference customer.
Which is cheaper, FIS Treasury and Risk Manager (Quantum) or HighRadius Treasury?
Neither publishes a list price — both quote. Ask each for the all-in first-year cost at your seat count, as one number, and compare those.
Get pricing for both
Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what FIS Treasury and Risk Manager (Quantum) and HighRadius Treasury should each cost you — and whether a third option belongs on your shortlist.