HighRadius streamlines credit card reconciliation with AI-powered matching and enabling rapid anomaly detection.
Auto extraction of POS &
Bank Data
Ensure 99% accurate daily
reconciliation
Achieve 95% Transaction
Auto-Match Rate
AI-Powered Automated
Exception Handling
Direct Integration: Connect seamlessly with all major banks for continuous data sync.
Real-Time Updates: Instantly access up-to-date statements to accelerate reconciliation.
Enhanced Efficiency: Streamline workflows and save time with automated data imports.
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Direct POS Connectivity: Auto import reports for credit card transactions.
Error Reduction: Minimizes manual data entry errors and improves accuracy.
Real-Time Updates: Real-time POS data for faster, more reliable reconciliation.
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Customizable Rules: Configure for diverse data formats and sources.
Line-Level Precision: Automate matching for line-item details across multiple data streams.
Multi-Source Flexibility: Reconcile data from multiple systems seamlessly.
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Multi-Tiered Matching: Continuous matching with credit card reports line-item & bank statement.
Enhanced Accuracy: Ensures precise reconciliation, minimizing manual reviews.
Greater Control: Transparent matching results with the option to accept or reject suggestions.
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Discrepancy Resolution Suggestion: AI suggested journal entries to fix unmatched credit card and bank transactions.
Unified Interface: Resolve exceptions within a single, user-friendly screen, enhancing efficiency.
In-Depth Analysis: Drill down into transaction details to swiftly address discrepancies.
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Parallel Processing: Distribute reconciliation tasks across threads for faster matching.
AI Rule Discovery: Match line-level transactions in a way that suits business requirements.
Automated Data Extraction: Automated data ingestion from POS systems and bank.
Customizable Template Setup: Prebuilt formula set to automate transaction matching.
Hospitality & Leisure
Retail & Consumer Goods
Finance & Insurance
Healthcare & Life Sciences
Scheduled Data Refresh: Auto sync and update transaction data at predefined intervals.
Direct Bank Integrations: Integrate with all major banks to auto import bank statements.
Pre-built Integrations: Connect with any retail system to import credit card data.
Automated Data Transformation: Use formulas in LiveCube to process and transform data.
Manufacturing
Hospitality & Leisure
Technology, Media & Communications
Construction
Retail & Consumer Goods
Finance & Insurance
Power & Utilities
Healthcare & Life Sciences
Access Controls & Approvals: Enforce role-based approval workflows for control.
Ensure Compliance: Identify & address discrepancies promptly to meet compliance.
Transparent Transaction Matching: Match credit card transactions with bank statements.
Detailed Audit Trail: Maintain audit trails to simplify reporting and regulatory inspections.
Manufacturing
Hospitality & Leisure
Technology, Media & Communications
Construction
Retail & Consumer Goods
Finance & Insurance
Healthcare & Life Sciences
Power & Utilities
Multi-Currency Variance Detection: Identify & flag discrepancies in FX rate calculations.
FX Rates Hub: Store current and previous FX rates for audit trails.
Global Currency Matching: Reconcile Multi-currency transactions across global entities.
Automated Currency Conversion: Auto adjust & reconcile transactions based on FX rates.
Finance & Insurance
Healthcare & Life Sciences
Retail & Consumer Goods
Hospitality & Leisure
| HighRadius | ERP Vendors(e.g. SAP, Oracle) | Niche Players(e.g. Blackline, FloQast, Trintech) | Niche Players(e.g. Esker, Billtrust) | |
Reconciliation Control Tower
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Substantiation
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Livecube Task Automation
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Advanced Dunning
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Reduction in Days to
Reconcile
Reconciliation Productivity
Improvement
Transaction Auto
Match Rate
Reconciliation Process
Automation
