Intercompany Management

Automated Journal Posting

Accelerate Month-End Close. Auto post adjusting entries to your ERP at scale for accurate GL balances.

Reminders & Collaboration

Key Features

AI-based E-Mail Remittance Capture

Dynamic Journal Template

Flexible data preparation. LiveCube or pre-configured Excel template for JE preparation.

AI-based E-Mail Remittance Capture

Rule Based Journal Creation

Handle big data efficiently. Minimize errors with automated and templatized data processing.

AI-based E-Mail Remittance Capture

Approval Workflow

Ensure task compliance. Custom workflow to ensure compliance of journal entry posting.

AI-based E-Mail Remittance Capture

ERP Integration

System of records agnostic. Auto-post approved JE to any ERP with pre-built integrations

AI-based E-Mail Remittance Capture

ERP Posting Feedback Loop

JE status visibility. Easily track the current status of pending journal entries to be posted.

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Recommended Resources

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Product Tour

Product Tour

Get a guided tour of the HighRadius financial close management, account reconciliation, and anomaly management software.

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FAQs: AI-Powered Intercompany Management 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.