Achieve faster, accurate financial close with next-gen Month End Close Automation

Experience the power of intelligent automation and take full control of your financial close process—boost speed, improve accuracy, and simplify compliance with HighRadius’ AI-powered Financial Close Automation.

Trusted By 1000+ Finance Teams Globally

Achieve faster, accurate financial close with next-gen Month End Close Automation_Customers

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Unlock the Highradius Financial Close Automation Advantage

Seamlessly automate your close checklist, pull data from multiple systems, and streamline journal entries—empowering your team to reduce days to close and boost efficiency by 40%.

Automate reminders_icon

Automate reminders

Schedule, calculate, and track accruals_icon

Schedule, calculate, and track accruals

Automated  journal entry posting  to ERP_icon

Automated journal entry posting to ERP

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Continuous compliance monitoring

Redefine Month-End Close with Advanced Financial Close Automation

Enhance speed and accuracy, streamlines workflows, reduces manual tasks, and ensure efficient close with HighRadius automated close software

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Optimize Operations with AI-Driven Precision

Effortless task management with automated prompts
  • Automate email reminders and confirmations
  • AI-based email automation
  • A single and secure repository to centralize evidences

Pre-built integrations for end-to-end financial control

Schedule, calculate, and track accruals with precision
  • Automate G/L data imports to ERP
  • Automatically parse and calculate incurred expenses
  • Full control with multi-level approval workflows
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Enhanced financial insights with advanced variance analysis

Identify budget variances in real-time
  • Variance calculation engine to analyze discrepancies
  • Improved forecasting with comprehensive analysis
  • Robust review workflows for improved process visibility

Simplify accounting processes with intelligent automation

Streamlined accounting with seamless transaction mapping
  • Integrate with banks to import statements
  • Precise mapping of transactions to GL accounts
  • Auto-generated journal entries for daily bank activities
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Steadfast compliance with strategic SOX management tools

100% SOX compliance checklist completion
  • Timely and thorough financial close with SOX checklist
  • Create clear workflows to facilitate compliance tasks
  • Execute interim tests for high-risk areas

Advanced journal entry capabilities for streamlined close

95% journal posting automation
  • Increased accuracy with templated data processing
  • Ensure compliance with a robust Approval Workflow
  • Complete visibility into the status of pending journal entries
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Resolve disputes quickly with our financial close automation software

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Within a few months of implementation, our customers see

Here's how HighRadius' Advanced Financial Close solution is helping businesses achieve a smoother month-end close, effortless task management and measurable results with AI-driven precision.

50%

Close task automation

30%

Reduction in days to close

100%

Real-time visibility

Our financial close automation software seamlessly integrates with your finance stack, enabling frictionless and faster month-end close.

HighRadius focuses on building solid partnerships and offers robust integration capabilities to unlock faster and frictionless financial close processes.

Our financial close automation software seamlessly integrates with your finance stack, enabling frictionless and faster month-end close.

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Ready to automate your month-end close process?

Switch from slow, manual financial close to automated workflows that save time and reduce discrepancies. Experience faster close times, increased efficiency, and error-free statements with HighRadius. Achieve audit readiness and improve overall accuracy within months.

Talk To Our Experts

FAQs: Automated Dispute Resolution Software

What is financial close automation software?

Financial close automation software, also called month-end close software, is a solution that automates and streamlines a business’s financial close process. It helps businesses ensure efficiency, accuracy, and compliance by integrating various financial data sources, automating reconciliations, and providing real-time insights into the close status.

What are the benefits of financial close automation?

Financial close automation helps businesses boost efficiency by streamlining processes and reducing manual tasks, leading to faster close close cycles. It also enhances accuracy by reducing human errors, improving compliance with automated checks, and providing real-time insights for better decision-making. In addition, financial close automation software lowers operational costs, improves collaboration, and supports scalable growth.

Why should businesses opt for automated financial close software?

Businesses should opt for automated financial close software because it significantly improves efficiency by reducing manual tasks, minimizing human error, providing real-time visibility into financial data, and allowing finance teams to focus on higher-value strategic activities like analysis and decision-making, ultimately leading to faster closing times, enhanced accuracy, and better compliance with financial regulations.

How does financial close automation work?

Financial close automation streamlines tasks through solutions like close checklists for tracking, LiveCube for data automation, Maker Checker for multi-level approval, and Journal Entry Management for automated posting. Additionally, businesses can also leverage highly customized dashboards that provide real-time insights, speeding up the close process, improving accuracy, and ensuring compliance.