Intercompany Management

Intercompany Billing & Workflow

Streamline Global Billing Management. Accurately invoice and track intercompany transactions.

Reminders & Collaboration

Key Features

AI-based E-Mail Remittance Capture

Country Profile Manager

Streamline global transactions. Map and store country profiles of entities.

AI-based E-Mail Remittance Capture

Transactions Type

Enhance intercompany billing. Identify intercompany transaction type for accurate billing.

AI-based E-Mail Remittance Capture

Approval Workflow

Segregation of duties. Monitor intercompany billing process through multi-level review workflow.

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Recommended Resources

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Free Bank Reconciliation Template

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Product Tour

Product Tour

Get a guided tour of the HighRadius financial close management, account reconciliation, and anomaly management software.

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FAQs: AI-Powered Intercompany Management Solutions

Does HighRadius intercompany reconciliation software integrate with ERPs?

HighRadius intercompany management 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.

How much time does it take to implement HighRadius intercompany management software?

The implementation time for HighRadius intercompany management 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.

How does HighRadius intercompany management software handle data security and privacy?

HighRadius intercompany management 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.

How does HighRadius intercompany management help with dispute resolution between entities?

HighRadius intercompany management simplifies intercompany dispute resolution by offering a structured workflow to handle discrepancies. Users can raise inquiries for issues like billing errors, submit correction requests, and track resolutions. Each issue gets a unique ID and is directed to the right team, ensuring efficient handling.

How does HighRadius intercompany management software handle intercompany netting and settlement?

HighRadius’ intercompany management software automates netting and settlement by reviewing and netting transactions between business units. It manages profiles for entities, countries, and currencies, integrates with systems for accurate data and currency conversion, and follows rules for netting and aggregation.