Best Blackline Alernative

Reconcile, Close & Consolidate At Scale.No Fee Until 80% Automation

AI agents automate JEs, recs, interco, accruals, consolidation & reporting – driving 50% productivity boost.

  • 30% Faster Close
  • 95% Journal Posting Automation
  • Cut Audit Fees by 25%
  • 99% Reconciliation Accuracy
Guaranteed ROI & Cost Savings

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Gartner

HighRadius Named a Challenger In 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

6 Tasks That You Can Automate In Record to Report

1. Accruals & Journal Entries

A median organization automates 30% of its monthly journal line items, while top performers automate 58%

  • 95% Auto Journal Posting
  • 80% Anomalies Resolved
  • 50% Close Task Automation
Featured Agent
Unbilled Revenue Accrual

Track unbilled revenue, post entries, and adjust balance sheets.

Other Agents
Journal Posting
T&E Accrual
Payroll Accrual
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Anomaly Detection
2. Balance Sheet Recon & Transaction Matching

1 failed reconciliation creates 8.3 dependent failures downstream.

  • 80% Reconciliation Automation
  • 99% Reconciliation Accuracy
  • 30% Reduction Days to Reconcile
Featured Agent
Bank Reconciliation

Reconcile bank and GL data, identify exceptions, and post journals.

Other Agents
AR/AP Subledger to GL Reconciliation
Intercompany Reconciliation
Inventory Reconciliation
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Anomaly Detection
3. Intercompany Reconciliation & Settlement

Ineffective rules reduce STP rates by 20%, increasing manual exceptions.

  • 100% Recon Checklist Completion
  • 95% Transaction Auto - Match Rate
  • 40% Close Productivity Improvement
Featured Agent
Intercompany Net & Settle

Manage banking profiles, create settlement rules and post cash journals.

Other Agents
Intercompany Chargeback
Intercompany Dispute Resolution
Intercompany Anomalies
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POS
4. Daily Revenue Reconciliation

Automating reconciliation reduce manual effort by up to 60%, accelerating monthly close cycles by 3-5 day.

  • 90% Recon Automation
  • 99% Reconciliation Accuracy
  • 100% Expense Recognition Accuracy
Featured Agent
POS Reconciliation

Reconcile POS, and bank data, resolve exceptions, and post cash journals.

Other Agents
Trade Promotion Reconciliation
Goods Issued Reconciliation
Franchise Reconciliation
Royalty Reconciliation
Claim Settlement Reconciliation
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POS
5. Audit & Compliance Controls

Only 35% of compliance-related tasks are automated, leaving significant manual effort and exposure to errors.

  • 100% Audit Readiness
  • 100% Real-Time Visibility
  • 50% Close Task Automation
Featured Agent
Anomaly Detection

Identify errors in posted journals and detect missing entries using historical data trends.

Other Agents
Anomaly Resolution
Prepaid Expense Substantiation
Fixed Assets Substantiation
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Anomaly Detection
6. Consolidation & Reporting

Median organization automates about 35% of consolidation and reporting tasks; Top performers automate 70% .

  • 90% Top-Side Entries Automation
  • 97% Currency Conversion Automation
  • 99% Accurate IC Eliminations
Featured Agent
Intercompany Eliminations

Eliminate loans, revenue, & expenses with adjusting JEs.

Other Agents
FX Currency Conversions
Chart of Accounts Mapping
Entity Ownership
GL Transaction Download
Top-side Adjustments
Statutory Reports
Management Reports
Personalized Reports
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Anomaly Detection

AI-Powered Value Creation at 1100+ Enterprises

HighRadius Named a Challenger In 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

A 3X Leader in Gartner® Magic QuadrantTM Invoice-To-Cash Expands into FCCS

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Optimize High-Volume Reconciliations with Our Financial Reconciliation Software Solutions

Automated Balance Sheet Reconciliation with AI for Real-Time Accuracy

Purpose-built to automate complex balance sheet reconciliations, managing high volumes of transactions across multiple accounts, data sources, and entities.

HighRadius leverages AI and machine learning to streamline the reconciliation process, reducing manual effort by automatically matching transactions, identifying discrepancies, and centralizing documentation—enhancing accuracy, compliance, and control.

  • Cash Accounts to Bank Statements Reconciliation
  • Prepaid Expenses to GL Reconciliation
  • Fixed Assets to Depreciation Schedules Reconciliation
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AI-Driven General Ledger Reconciliation Software for Enhanced Compliance

Transform general ledger reconciliations by automating high-volume transaction matching, managing intercompany postings, and ensuring compliance.

HighRadius utilizes AI and machine learning to automatically match transactions, streamline the identification of reconciliation gaps, and enforce policy controls—reducing manual checks to accelerate the financial close process.

  • Bank Accounts to GL Reconciliation
  • Intercompany Transactions to GL Reconciliation
  • Revenue and Expense Accounts to GL Reconciliation
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Automated Bank Reconciliation with AI for Real-Time Matching and Risk Management

Enhance bank reconciliations by automating data imports, transaction matching, and discrepancy resolution across multiple financial systems.

HighRadius uses AI and machine learning to sync bank statements with cash G/L data, configure matching rules, and continuously match transactions—reducing manual effort, minimizing errors, and ensuring accurate financial reporting.

  • Bank Statement Sync to Cash G/L Reconciliation
  • AI-Driven Automated Rule Discovery and Matching
  • Single Screen Exception Handling and Journal Posting
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AI-Powered Cash Reconciliation Software for Optimized Cash Flow Management

Streamline cash reconciliation by automating the matching of cash transactions across various sources, ensuring accurate cash flow management and real-time visibility into cash positions.

AHighRadius utilizes AI and machine learning to automate the consolidation of cash entries from multiple accounts, identify mismatches quickly, and support cash forecasting—reducing manual intervention, minimizing errors, and enhancing liquidity control.

  • Multi-Source Cash Transaction Matching
  • Real-Time Cash Positioning
  • Automated Discrepancy Alerts and Forecasting
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Payment Reconciliation Software for Credit Card Matching and Fraud Prevention

Optimize credit card reconciliations by automating the matching of transactions from credit card payment reports to bank statements, ensuring accuracy and early detection of discrepancies.

HighRadius employs AI to automatically sync credit card data from various retail systems, apply dynamic matching rules, and highlight inconsistencies in real-time—reducing manual effort, minimizing errors, and preventing fraudulent activity.

  • Automated Credit Card to Bank Statement Matching
  • Dynamic Rule-Based Reconciliation
  • Real-Time Exception Management
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Recognized As A Gartner Peer Insights Customers’ Choice

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Get Immediate ROI with Account Reconciliation Tool

12

Estimated ROI
(Months)

~1

Avg. Time to Go-Live
(Months)

90%+

Ease of Setup
(Minimal IT)

85%+

Avg. User Adoption
(No Change Management)

Calculate Your ROI

Featured Case Studies

Konica Minolta logo

CUSTOMER SUCCESS STORY

75% Faster Bank Reconciliation Across 45000+ Line Items

Know how
caliber logo

CUSTOMER SUCCESS STORY

Safeguarding $5M in Revenue Leakages Across 1700+ Centers

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Pace Supply logo

CUSTOMER SUCCESS STORY

Leading Wholesaler Perfects Ledger Reconciliation Coverage

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Pacifica logo

CUSTOMER SUCCESS STORY

Large Hotel Chain Achieves 97% Automated Bank Reconciliation

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Pre-Built Integrations

50+ ERPs

50+ ERPs

10+ Payment Processors

50+ ERPs

100+ Banks

50+ ERPs