Record to Report Suite
Automate 80% of reconciliations with AI matching, configurable templates, auditable workflows, and real-time reporting.
Achieve up to 90% transaction auto-match rate and 95% journal posting automation.
80% Reconciliation Automation. Auto-reconcile bank and cash data across all sources (Bank, ERP, GL).
100% Expense Recognition Accuracy. Amortization schedule and reconcile prepaid expenses with ERP.
Provision Calculation. Calculate AR allowance against aged AR and adjust bad debt reserves.
100% Visibility of Depreciation. Auto-reconcile and validate assets and depreciation with ERP data.
90% Auto-Match Rate. AI/ML-powered matching with customizable rules.
95% Journal Posting Automation. LiveCube-enabled journal entry preparation and posting to ERP.
PRODUCT
VALUE
Say bye to data mismanagement, human errors, and accounting omissions to bring in trust, compliance, and consistency to your reporting. Learn More
With seamless communication on an integrated platform, get complete visibility on the status of your month-end close and reconciliation processes. Learn More
With hyperdata centralization and automation, say bye to manual and time-intensive data processing tasks across your accounting processes. Learn More
HighRadius balance sheet reconciliation 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.
The implementation time for HighRadius balance sheet reconciliation 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.
HighRadius balance sheet reconciliation 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.
HighRadius balance sheet reconciliation software provides a comprehensive view of fixed assets, including cost, depreciation schedules, and remaining value. It generates tailored depreciation schedules, integrates with ERPs, tracks depreciation, and automates journal postings.
HighRadius balance sheet reconciliation software automates SAP open item clearing by matching transactions in G/L accounts with the OIM flag. It imports and splits G/L data, uses a customizable rule engine for matching, and handles exceptions manually. A multi-level approval workflow ensures review before posting cleared transactions back into SAP.
