Anomaly Management

General Ledger Posting Omissions

80% Anomalies Resolved. Identify potential missed GL postings in your ERP data with AI-based alerts.

Anomaly-Management-module

Key Features

AI-based E-Mail Remittance Capture

Accrual Reversal Missed

Identify missed accrual reversal postings for the current month.

AI-based E-Mail Remittance Capture

Recurring Transaction Missed

Get alerts for missed transaction postings that are expected every month.

AI-based E-Mail Remittance Capture

Adaptive GL Omission Detection

Improve accuracy of the AI engine by opting to "ignore" certain omissions.

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Recommended Resources

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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 Anomaly Management Software Solutions

Does HighRadius anomaly management software integrate with ERPs?

HighRadius anomaly 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 anomaly management software?

The implementation time for HighRadius anomaly 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 anomaly management software handle data security and privacy?

HighRadius anomaly 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.

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

Yes, HighRadius anomaly management software can prevent duplicate data entry using advanced machine learning capabilities. The software scans transactions in real-time to detect and flag potential duplicates, such as invoices, payments, or sales entries, that may have been recorded more than once.

Does HighRadius anomaly management software give you a bird's eye view of potential anomalies?

Yes, HighRadius anomaly management software features a dashboard that offers a clear view of potential reporting issues. It tracks and analyzes anomalies with reports and visualizations, showing anomaly count, categorizing them by type, and reviewing their status. The dashboard also displays trends in detection accuracy and potential financial impacts, enabling proactive issue resolution.