Financial Reporting Software

Achieve 80% faster reporting with automated financial statements, management reports, and self-service tools.

Accelerate decision-making by 70%

Eliminate 100% of reporting errors

Financial Reporting Software

Financial Reporting Software Modules

Reminders & Collaboration

Financial Reporting

80% Faster Financial Reporting. Generate P&L, BS, and cash flow reports with drill-downs.

Accruals Management

Management Reporting

Automate Performance Reporting. Compare actuals vs. budget & forecast with drill-downs.

Variance Analysis

Self-Service Report Building

Build Custom Reports. Use drag-and-drop tools and Excel plug-ins for instant insights.

Product

Key Modules

  • Financial Reporting
  • Management Reporting
  • Self-Service Report Building

Value

Improve Operational KPIs

  • 95% Reduction in Report Preparation Time
  • 90% Faster Variance Analysis
  • 95% Faster Report Customization

Deliver Business Outcomes

  • 80% Faster Financial Reporting
  • 70% Faster Decision-Making
  • Eliminate 100% Manual Errors in Reporting

Key Modules

  • Financial Reporting
  • Management Reporting
  • Self-Service Report Building

Improve Operational KPIs

  • 95% Reduction in Report Preparation Time
  • 90% Faster Variance Analysis
  • 95% Faster Report Customization

Deliver Business Outcomes

  • 80% Faster Financial Reporting
  • 70% Faster Decision-Making
  • Eliminate 100% Manual Errors in Reporting
Unlock These Benefits for Your Business

Value Creation at 1100+ Enterprises

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HighRadius Named ‘Rising Star’ in 2024 ISG Provider Lens™ Finance and Accounting Platforms Report

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Financial Reporting Solutions for All Accounting Roles

Accounting Managers

Say bye to data mismanagement, human errors, and accounting omissions to bring in trust, compliance, and consistency to your reporting. More

Controllers

With seamless communication on an integrated platform, get complete visibility on the status of your month-end close and reconciliation processes. More

CFOs and CAOs

With hyperdata centralization and automation, say bye to manual and time-intensive data processing tasks across your accounting processes. More

FAQs: Why HighRadius for Financial Reporting?

Does HighRadius financial consolidation software integrate with ERPs?

HighRadius financial consolidation 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 financial consolidation software?

The implementation time for HighRadius Financial Consolidation 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 financial consolidation software handle data security and privacy?

HighRadius financial consolidation 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.

Can HighRadius financial consolidation software handle multiple currencies and reporting standards?

Yes, HighRadius financial consolidation software supports multi-currency conversions and the ability to consolidate financial data following different reporting standards (e.g., IFRS, GAAP). This ensures that companies with international subsidiaries can easily manage and report their finances in compliance with global standards.

How does HighRadius financial consolidation software handle intercompany eliminations?

HighRadius financial consolidation software automates intercompany eliminations by identifying transactions between different entities within a group and removing them from the consolidated financial statements. This ensures that only external transactions are reported, giving a true picture of the company’s financial performance.