Automate Provision Rate Calculation. Manage bad debt reserves better by auto-calculating allowance balance.
Flexible data preparation. LiveCube or pre-configured Excel template for JE preparation.
Handle big data efficiently. Minimize errors with automated and templatized data processing.
Ensure task compliance. Custom workflow to ensure compliance of journal entry posting.
System of records agnostic. Auto-post approved JE to any ERP with pre-built integrations.
JE status visibility. Easily track the current status of pending journal entries to be posted.
Download this template to automate matching records in your cash book with the corresponding data on bank statements.
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Learn about the ROI of plugging Al into accounting processes along with two real-life implementation stories who benefited with Al.
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Get a guided tour of the HighRadius financial close management, account reconciliation, and anomaly management software.
Take the TourHighRadius 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.
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.
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.
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.
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.
