Record to Report Suite

Intercompany Management Software

Automate 80% of intercompany reconciliations with AR/AP matching, auto-netting, dispute workflows, and ERP integrations.

Reduce days to close by 30% with faster intercompany eliminations.

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Financial Close Datasheet

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Key Modules

Intercompany Contract Management

Intercompany Contract Management

Ensure Compliance and Efficiency. Centralize contract creation, approval, and storage.

Intercompany AR/AP Reconciliations

Intercompany AR/AP Reconciliations

80% Recon Automation. Reconcile intercompany AR/AP across entities and systems.

Intercompany Net & Settle

Intercompany Net & Settle

Optimize Cash Flow. Automate netting and settlement with real-time compliance.

Intercompany Eliminations

Intercompany Eliminations

Eliminate Double Counting. Accelerate financial consolidation by eliminating double counting.

Intercompany Dispute Resolution

Intercompany Dispute Resolution

Resolve Disputes Faster. Streamline dispute resolution with approval workflows.

Automated Journal Posting

Automated Journal Posting

99% Journal Posting Automation. LiveCube-enabled journal entry preparation and posting to ERP.

PRODUCT

Key Modules

  • Intercompany AR/AP Reconciliations
  • Intercompany Dispute Resolution
  • Intercompany Elimination
  • Automated Journal Posting

VALUE

Improve Operational KPIs

  • 90% Transactional Auto Match Rate
  • 80% Reconciliation Automation
  • 95% Journal Posting Automation
  • 100% GL Accounts Coverage

Deliver Business Outcomes

  • 50% Reconciliation Productivity Improvement
  • 30% Reduction in Days to Reconcile
  • 99% Reconciliation Accuracy
  • 100% Consolidated Financial Reporting Accuracy

Key Modules

  • Intercompany AR/AP Reconciliations
  • Intercompany Dispute Resolution
  • Intercompany Elimination
  • Automated Journal Posting

Improve Operational KPIs

  • 90% Transactional Auto Match Rate
  • 80% Reconciliation Automation
  • 95% Journal Posting Automation
  • 100% GL Accounts Coverage

Deliver Business Outcomes

  • 50% Reconciliation Productivity Improvement
  • 30% Reduction in Days to Reconcile
  • 99% Reconciliation Accuracy
  • 100% Consolidated Financial Reporting Accuracy

Trusted by 1000+ Global Businesses across Enterprise & Mid-Market

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One AI Intercompany Reconciliation Software for All Accounting Roles

Accounting Managers

Say bye to data mismanagement, human errors, and accounting omissions to bring in trust, compliance, and consistency to your reporting. Learn More

Controllers

With seamless communication on an integrated platform, get complete visibility on the status of your month-end close and reconciliation processes. Learn More

CFOs and CAOs

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 Tool Overview

Collections Flow Diagram

FAQs: AI-Powered Intercompany Reconciliation Solutions

Does HighRadius intercompany reconciliation software integrate with ERPs?

HighRadius intercompany management 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.

How much time does it take to implement HighRadius intercompany management software?

The implementation time for HighRadius intercompany management 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.

How does HighRadius intercompany management software handle data security and privacy?

HighRadius intercompany management 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.

How does HighRadius intercompany management help with dispute resolution between entities?

HighRadius intercompany management simplifies intercompany dispute resolution by offering a structured workflow to handle discrepancies. Users can raise inquiries for issues like billing errors, submit correction requests, and track resolutions. Each issue gets a unique ID and is directed to the right team, ensuring efficient handling.

How does HighRadius intercompany management software handle intercompany netting and settlement?

HighRadius’ intercompany management software automates netting and settlement by reviewing and netting transactions between business units. It manages profiles for entities, countries, and currencies, integrates with systems for accurate data and currency conversion, and follows rules for netting and aggregation.