Financial Close Management

Month-End Close Checklist Automation

Quick and Efficient Close. Templates and support documents for accounting teams to close efficiently.

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Key Features

AI-based E-Mail Remittance Capture

Month-End Close Projects

Create detailed month-end close project plans with specific close tasks for R2R analysts.

AI-based E-Mail Remittance Capture

Checklist Templates

Utilize pre-configured close checklists for your industry and region or customize them.

AI-based E-Mail Remittance Capture

Support Documents

Attach documents as evidence while completing each close task for auditors to check.

AI-based E-Mail Remittance Capture

Financial Close Dashboard

Monitor the progress of all tasks, identify potential delays & track checklist completion rates of every period-end close cycle.

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Frequently Asked Questions

HighRadius is an ERP agnostic software that seamlessly integrates with all major ERPs like SAP, Microsoft Dynamics 365, Oracle, NetSuite, Sage Intacct, Workday, etc.

HighRadius' industry-defining Speed to Value methodology ensures faster time to implementation and quicker ROI (in 3 to 6 months).

Usually, it takes 5 to 10 days for organizations to complete their financial close process but HighRadius' automated month-end checklists and streamlined approval workflows can reduce the close cycle time considerably.

AI-based capabilties automate repetitive tasks, ensure reconciliation accuracy with transaction matching, reduce errors with anomaly detection, and facilitate audit readiness through streamlined workflows.

We partner with banks and financial institutions to automatically capture payment information from all the industry-standard bank payment files and formats.

Key KPIs to measure the success of your close process include close cycle time, error rate, reconciliation completion rate, audit findings, and cost of the process.

A financial close software, like HighRadius, accelerates the close process, enhances accuracy, reduces manual errors, improves compliance, and provides real-time financial insights.

Establishing a clear calendar, defining roles and responsibilities, standardizing procedures, leveraging a month-end close software for automation, and regularly reviewing the process are some of the best practices for achieving an efficient financial close process.