Increase Bank Reconciliation Efficiency. Auto-extract G/L and bank data to track unmatched transactions.
No need for manual uploads. Integrate with all the major banks and auto-import bank statements.
Improve reconciliation accuracy. ERP integration to automate cash G/L line item data extraction.
Configurable matching rules. Automate line-level transaction matching from multiple data sources.
Align bank statement and cash G/L. Automate G/L and bank statement transaction matching.
Automate discrepancy resolution. Drill down into unmatched G/L and bank statement transactions.
Monitor cash G/L adjustments. Segregate duties via multi-review workflow to adjust cash G/L entries.
Download this template to automate matching records in your cash book with the corresponding data on bank statements.
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Learn about the ROI of plugging Al into accounting processes along with two real-life implementation stories who benefited with Al.
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Get a guided tour of the HighRadius financial close management, account reconciliation, and anomaly management software.
Take the TourHighRadius 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.
