Daily Revenue Reconciliation Software

Achieve 95% transaction auto-match rate on complex, high volume reconciliations across diverse systems and entities.

Boost reconciliation productivity by 70%

Achieve 99% reconciliation accuracy

Financial Close Software

Reconciliation Software Modules

Product

Key Modules

  • POS to AR Subledger
  • Credit Card Reconciliation
  • Cash Reconciliation
  • Franchise Reconciliation

Value

Improve Operational KPIs

  • 95% Transactional Auto Match Rate
  • 90% Reconciliation Automation
  • 99% Journal Posting Automation

Deliver Business Outcomes

  • 70% Boost in Reconciliation Productivity
  • 99% Reconciliation Accuracy
  • 99% Royalty and Commission Accuracy

Key Modules

  • POS to AR Subledger
  • Credit Card Reconciliation
  • Cash Reconciliation
  • Franchise Reconciliation

Improve Operational KPIs

  • 95% Transactional Auto Match Rate
  • 90% Reconciliation Automation
  • 99% Journal Posting Automation

Deliver Business Outcomes

  • 70% Boost in Reconciliation Productivity
  • 99% Reconciliation Accuracy
  • 99% Royalty and Commission Accuracy
Unlock These Benefits for Your Business

Value Creation at 1100+ Enterprises

R2R logos R2R logos
Rising logo

HighRadius Named ‘Rising Star’ in 2024 ISG Provider Lens™ Finance and Accounting Platforms Report

Chosen for AI Driven Innovations | Comprehensive Suite

Get The Report
IDC frame

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. More

Controllers

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

CFOs and CAOs

With hyperdata centralization and automation, say bye to manual and time-intensive data processing tasks across your accounting processes. More

FAQs: AI-Powered Financial Reconciliation Software

Does HighRadius daily revenue reconciliation software integrate with ERPs?

HighRadius daily revenue 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.

How much time does it take to implement HighRadius daily revenue reconciliation software?

The implementation time for HighRadius daily revenue 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.

How does HighRadius daily revenue reconciliation software handle data security and privacy?

HighRadius daily revenue 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.

How does HighRadius daily revenue reconciliation software handle franchise/royalty reconciliation?

HighRadius daily revenue reconciliation software simplifies franchise/royalty reconciliation by integrating with POS systems and ERPs. It automatically imports sales reports and AR subledger data, calculates royalty amounts, and matches them using customizable rules. The software flags relevant revenue, applies royalty rates, and produces periodic reports to ensure accurate reconciliation.

How does HighRadius daily revenue reconciliation software handle premium payment reconciliation?

HighRadius daily revenue reconciliation software automates the process of matching insurance premium payments with policy records and bank statements. The software verifies that premium payments are accurately recorded by comparing data from payment records with policy details and bank deposits.