Automate Data Extraction. Integrate with system of record to import data and improve reconciliation.
Automate GL data extraction. Seamless integration to import data needed for reconciliation.
Configure matching rules. Match line-level transactions from two or multiple data sources.
90% transaction match rate. AI/ML-powered data matching with self-serve rule engine.
Resolve unmatched transactions. Centralized view of unmatched transactions to resolve discrepancy.
Segregate duties. Create a multi-level review and approval process for each reconciliation.
Download this template to automate matching records in your cash book with the corresponding data on bank statements.
Download the Ebook
Learn about the ROI of plugging Al into accounting processes along with two real-life implementation stories who benefited with Al.
Download the Ebook
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.
