Record-to-Report Solution for
Retail Industry Companies

Trusted by 1,300+ global enterprises to automate the end-to-end R2R workflow cycle,
accelerate the financial close, and unlock real-time business insights 2x faster.

Trusted by leading companies worldwide

Loreal
Keurig
Resmed
DXP
Redbull
Bluelinx
Loreal
Keurig
Resmed
DXP
Redbull
Bluelinx

Business Outcomes

Real-world outcomes from AI-driven R2R solutions built for retail finance operations.

99%

Reconciliation Accuracy

AI Agents matches high-volume POS transactions against bank deposits and credit card statements across thousands of store locations. By identifying and clustering discrepancies in real-time, the suite eliminates the manual errors typical of complex retail environments, ensuring accuracy and reducing shrinkage risks.

80%

Faster Financial Reporting

Various AI agents combine disparate POS and ERP data to provide total visibility across complex, multi-entity retail footprints. By automating statutory and management reporting with real-time variance commentary, teams deliver critical financial insights to leadership 80% faster, even across massive SKU counts and diverse store hierarchies.

100%

Audit-Ready and Compliant

Strict internal controls are maintained while comprehensive digital audit trails capture every store-level adjustment and inventory substantiation. The suite ensures 100% audit readiness by automatically capturing required documentation and digital signatures, giving CFOs complete certainty during regulatory and seasonal audit.

30%

Reduction in Day to Close

AI agents handle the high-volume accruals, such as utilities, rent, and payroll that frequently bottleneck retail month-end processes. By accelerating multi-currency consolidation and intercompany settlements, the suite drives a reduction in days to close, enabling teams to finalize books faster during peak seasonal periods.

Gartner Report

HighRadius recognized as a Challenger in the 2026 Gartner® Magic Quadrant™ for Record to Report (R2R)

R2R Solution Overview - Driven by Retail Pain Points

Retail accounting often involves manual work to reconcile store sales, deposits, and missing revenue. By unifying data from every store and corporate ledger, R2R solutions streamline reconciliations and consolidations, enabling accurate reporting, faster decisions, and better retail planning.

Eliminate the daily struggle of reconciling sales from multiple checkout systems with what reaches your bank account. The solution bridges POS providers and bank deposits, automatically flagging discrepancies and delivering a clear, real-time view of cash positions across locations to stabilize forecasting.

Move away from the “spreadsheet trap” and aging legacy systems not built for today’s retail speed. High-volume journal entries such as rent, utility accruals, and payroll that consume 85% of month-end are handled automatically, enabling a smoother, faster close without manual burnout.

Maintain continuous audit readiness without last-minute preparation. Every adjustment, from inventory updates to store-level expenses is recorded with a clear digital trail and required approvals, giving leadership confidence that internal controls remain complete and auditable.

By consolidating store-level data and corporate ledgers in one place, teams can analyze trends and explain variances without searching through multiple files, turning financial reports into insights that support faster decision making and strategic growth.

Retail R2R Pain points

AI-Powered Value Creation at 1300+ Enterprises

ERP Capabilities

HighRadius integrates natively with 50+ ERPs to deliver an autonomous, audit-ready Record-to-Report cycle that resolves fragmented retail data and manual workloads.

S

SAP

Native integrations to automate high-volume SAP Open Item Clearing and complex intercompany reconciliations across global retail locations.

Explore Integration
O

Oracle

Deep integration with Oracle Cloud to automate recurring journal postings, accruals, and global multi-entity retail financial consolidation.

Explore Integration
S

Sage

Native connector to synchronize diverse POS revenue data, automate bank reconciliations, and accelerate store-level financial reporting cycles.

Explore Integration
N

NetSuite

Pre-built integration to automate inventory substantiation, sales tax payables, and maintain audit-ready retail financial compliance.

Explore Integration
Rising logo

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

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AI Driven Innovations | Comprehensive R2R Suite

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Must-Have Resources

Must-Have R2R Resources for Software Industry

Buyer's Guide

2026 Buyer’s Guide to AI in Consolidation & Reporting in Software

Discover how AI simplifies multi-ERP reporting, harmonizes data, and cuts manual work.

Download Guide
Ebook

How to Maximize ROI with Agentic AI in Financial Close

Discover how Agentic AI harmonizes global data and cuts manual work to streamline your financial close.

Download Ebook
Vendor Guide

Bank Reconciliation Vendor Guide

Find the right close software for your business with this comprehensive vendor scorecard.

Download Guide

FAQs: AI-Powered Frequently Asked Questions Solutions

What is Autonomous Record-to-Report (R2R) automation?

Record-to-Report automation uses AI agents to handle the end-to-end accounting cycle. It replaces manual spreadsheets by automatically reconciling transactions, posting journal entries, and generating financial reports directly in your ERP, hence reducing the time spent on your month-end close.

How does HighRadius handle diverse POS revenue reconciliation?

Our POS Recon agent connects directly to your various point-of-sale systems and bank statements to automatically match daily sales deposits. It spots missing revenue or “shrinkage” across thousands of locations, ensuring your cash position is always accurate without manual detective work.

What retail-specific accounting tasks can be automated?

The suite automates high-volume retail tasks like store rent and utility accruals, payroll clearing, inventory substantiation, and sales tax payables. By handling these repetitive store-level entries, your team can move away from manual data entry and focus on analyzing performance and strategic growth.

How does the solution improve audit-readiness for retailers?

HighRadius R2R solution maintains a constant, digital audit trail for every store-level adjustment and journal entry. The system automatically gathers all necessary documentation and approvals into a “digital binder,” ensuring your leadership team is always ready for seasonal or regulatory audits with zero extra effort.

Can HighRadius manage complex intercompany and franchise transactions?

Yes. The solution automates the matching of intercompany AR/AP and resolves disputes between entities or franchisees automatically. It handles complex royalty and commission calculations based on real-time sales data, ensuring accurate payouts and eliminations across your entire footprint.

Does the implementation process hinders current retail operations?

Not at all. Our onboarding agents use flexible connectors to integrate with your existing ERPs and POS systems without much dependency on custom development. We use a “sandbox” environment to test every automation rule against your live data, ensuring a smooth transition that doesn’t interrupt your daily business.

Accounts Receivable Solutions

Accounts Receivable Software | Collection Software | Cash Application Automation | Credit Risk Management | Credit Management | Credit & Collection | EIPP | Electronic Invoicing | Invoice to Cash | Invoice Collection | B2B Payments | Order to Cash | O2C Analytics | Integrated Receivable | Deduction Management | Credit Application | Credit Scoring | Exception Management | Dispute Management | Trade Promotion | Dunning Management | Financial Data Aggregation | Remittance Processing | Collaborative Accounts Receivable | Remote Deposit Capture | Credit Risk Monitoring | Credit Decisions Engine

Accounts Payable Solutions

AP Automation | Invoice Processing | Invoice Scanning & Capture | Invoice Coding | Invoice Approval | Invoice Matching | Invoice Management | Supplier Management | Supplier Onboarding | Dynamic Discounting | Vendor Payment

Financial Reconciliation & Close Solutions

Account Reconciliation | Financial Close | Bank Reconciliation | Balance Sheet Reconciliation | Payment Reconciliation | Transaction Matching | SOX Software | General Ledger Reconciliation | Journal Entry | Variance Analysis| Financial Consolidation | Financial Reporting | Financial Statement | Financial Reconciliation

Treasury & Cash Management Solutions

Treasury Management | Cash Flow Forecasting | Cash Management | Cash Flow Management | Revenue Recognition | Liquidity Management

Resources

What Is Accounts Payable | Accounts Payable Process | Accounts Payable Reports | Accounts Payable Reconciliation | Managing Accounts Payable | Accounts Payable Audit | Accounts Payable Goals | Accounts Payable Internal Controls | Accounts Payable Department | Accounts Payable Automation ROI | Accounts Payable Workflow | Benefits Of AP Automation | What Is Invoice Processing | Three Way Invoice Matching | What Is Dynamic Discounting | Accounts Payable Vs Accounts Receivable | Accounts Payable Forecasting | Accounts Payable Metrics | AI In Accounts Payable | AP Automation ERP Integration | Accounts Payable Automation Trends

Ebooks, Templates, Whitepapers & Case Studies

AP Buyers Guide | AI in Accounts Payable Use Cases | AP Vendor Evaluation Template | AP Forrester Prediction | AP Automation Datasheet