Record to Report Suite
Achieve 60% faster consolidation with automated mapping and unified reporting across entities, systems, and currencies.
Ensure 100% accurate consolidated reporting with real-time visibility and seamless integrations.
Centralize Entity Management. Manage hierarchy, ownership, and currency for consolidation. More
100% Consolidation Tasks Visibility. Track consolidation progress and entity readiness. More
Unify Multi-Entity Accounts. Integrate ERPs to standardize and map charts of accounts. More
Streamline Group Consolidation. Reconcile intercompany transactions, eliminate balances. More
99% Accurate Group Reporting. Auto-convert currencies for consolidated statements. More
Trends & Variance Analysis. Auto-sync budget vs. actuals at group level for decision insights. More
PRODUCT
VALUE
Say bye to data mismanagement, human errors, and accounting omissions to bring in trust, compliance, and consistency to your reporting. More
With seamless communication on an integrated platform, get complete visibility on the status of your month-end close and reconciliation processes. More
With hyperdata centralization and automation, say bye to manual and time-intensive data processing tasks across your accounting processes. More
HighRadius financial consolidation 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 Financial Consolidation 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 financial consolidation 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.
Yes, HighRadius financial consolidation software supports multi-currency conversions and the ability to consolidate financial data following different reporting standards (e.g., IFRS, GAAP). This ensures that companies with international subsidiaries can easily manage and report their finances in compliance with global standards.
HighRadius financial consolidation software automates intercompany eliminations by identifying transactions between different entities within a group and removing them from the consolidated financial statements. This ensures that only external transactions are reported, giving a true picture of the company’s financial performance.
