Record to Report Suite
Automate 90% of complex, high-volume daily reconciliations across diverse entities, systems, and transaction types.
Achieve 99% accuracy with automated matching, allowing your team to focus on exceptions.
Prevent Revenue Leakage. Auto-match POS reports with AR subledger and payment settlement. More
Prevent Financial Fraud. Multi-tiered matching to suit any process (Processor, Bank, GL, POS). More
Ensure Financial Accuracy. Auto-match bank statements to cash G/L to reduce risk. More
99% Royalty and Commission Accuracy. Auto-match royalties and commissions from POS to AR. More
Validate Claim Revenue. Automate claim-to-cash matching with seamless data sync. More
99% Journal Posting Automation. LiveCube-enabled journal entry preparation and posting to ERP. More
PRODUCT
VALUE
Say bye to data mismanagement, human errors, and accounting omissions to bring in trust, compliance, and consistency to your reporting. More
With seamless communication on an integrated platform, get complete visibility on the status of your month-end close and reconciliation processes. More
With hyperdata centralization and automation, say bye to manual and time-intensive data processing tasks across your accounting processes. More
HighRadius daily revenue reconciliation software offers a flexible solution, seamlessly integrating with major ERPs like SAP, Microsoft Dynamics 365, Oracle, NetSuite, Sage Intacct, and Workday. This adaptability ensures the effortless extraction of data from GL accounts for reconciliation, facilitating a timely close. Moreover, the system must send journal entries back to the ERP in the supported format.
The implementation time for HighRadius daily revenue reconciliation software varies based on the complexity of your organization’s requirements. However, our Speed to Value methodology guarantees swift implementation and ROI realization within 3 to 6 months.
HighRadius daily revenue reconciliation software, prioritizes your data security and privacy, meeting key compliance standards such as GDPR, HIPAA, SOC 1 Type 2, and SOC 2 Type 2. This ensures that your data remains confidential and secure, giving you peace of mind while managing your finances.
HighRadius daily revenue reconciliation software simplifies franchise/royalty reconciliation by integrating with POS systems and ERPs. It automatically imports sales reports and AR subledger data, calculates royalty amounts, and matches them using customizable rules. The software flags relevant revenue, applies royalty rates, and produces periodic reports to ensure accurate reconciliation.
HighRadius daily revenue reconciliation software automates the process of matching insurance premium payments with policy records and bank statements. The software verifies that premium payments are accurately recorded by comparing data from payment records with policy details and bank deposits.
