Gartner

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

Balance Sheet Reconciliation Software

Automate 90% of Balance Sheet Recs with Auto-Certification

HighRadius streamlines reconciliations with AI transaction matching, configurable templates, and real-time reporting.

30% Reduction in Days to
Reconcile

95% Transactional Auto Match
Rate

50% Reconciliation
Productivity Improvementc

100% Accurate Auto
Certification

Save countless hours on manual recon with AI.
Talk to our experts:

Value Creation at 1100+ Enterprises

Key Features of Automated Balance Sheet Reconciliation Software

Recognized As A Gartner Peer Insights Customers’ Choice

hear_from_business_1
hear_from_business_2

Automate Clearing Account Reconciliation for Accuracy and Speed

Automate Clearing Account Reconciliation for Accuracy and Speed

Real-Time Tracking: Monitor clearing account balances with automated updates.

Payroll Register Data Sync: Auto-import payroll data from integrated providers.

ERP GL Data Matching: Automate payroll and GL matching with configurable rules.

Exception Management: Detect and resolve unmatched transactions faster.

Top Industries:

Financial Services

Healthcare

Manufacturing

Retail

Logistics

Energy & Utilities

Automate Bad Debt Provision Calculations

GL Allowance Matching:: Reconcile allowance balances with GL to ensure accuracy.

Provision Rate Manager: Auto-calculate provision rates by aging range.

Calculation of Over/Under Accrual: Compare allowance balance against GL data.

Bad Debt Adjustment Workflow: Multi-review workflows for bad debt adjustments.

Top Industries:

Banking and Financial Services

Retail and E-Commerce

Healthcare

Insurance

Manufacturing

Automate Inventory Reconciliation for Accurate and Faster Close Cycles

Stock Adjustments Reconciliation: Auto-track and reconcile inventory adjustments with GL.

Inventory GL Data to Reports Analysis: Match Inventory System and GL balances.

Inventory System Integration: Sync to auto-import inventory data.

ERP G/L Inventory Data Integration: Automate GL trial balance extraction.

Top Industries:

Retail and E-Commerce

Manufacturing

Logistics & Supply Chain

Food & Beverage

Healthcare

Automate intercompany reconciliation for real-time accuracy and faster close

Elimination Entries Automation: Auto-generate and reconcile intercompany elimination entries.

ERP AR/AP Integration: Import multi-currency AR/AP data from ERPs.

Intercompany GL/AR/AP Matching: Automate matching with custom rules.

Dispute Management Resolution: Streamline dispute resolution with workflows.

Top Industries:

Pharmaceuticals

Energy & Utilities

Technology

Automotive

Telecommunications

Automate Subledger to GL Reconciliation for Accurate Financial Reporting

Exception Identification: Auto-detect and flag discrepancies between SL and GL balances.

Subledger Open Items Calculations: Faster open GL invoice balance calculation for AP/AR.

ERP G/L & Subledger Data Integration: Automatically import AR and AP and G/L data.

G/L & AR/AP Subledger Data Calculations: Calculate GL and sub-ledger balances.

Top Industries:

Banking and Financial Services

Retail & E-Commerce

Pharmaceuticals

Logistics & Supply Chain

Telecommunications

Trusted Solution By The World's Largest Enterprises

See Why Industry-Leading Brands Choose HighRadius

HighRadius ERP Vendors(e.g. SAP, Oracle) Niche Players(e.g. Blackline, FloQast, Trintech) Niche Players(e.g. Esker, Billtrust)

Reconciliation Control Tower

  • Spreadsheet-like interface for performing reconciliations
  • Summarized balance by configurable org.unit (dept.)

Substantiation

  • Display comparison period GL balance
  • 15 different types of period comparisons

Livecube Task Automation

  • Periodic JE automation from raw data
  • Roll forward working data to current period

Advanced Dunning

  • Bulk correspondences with customizable templates
  • Smart payment links within emails

Featured Case Studies

konica minolta logo

CUSTOMER SUCCESS STORY

50% Faster Bank Reconciliation Across 45000+ Line Items

Know how
caliber logo

CUSTOMER SUCCESS STORY

Safeguarding $5M in Revenue Leakages Across 1700+ Centers

Know how
Pace Supply logo

CUSTOMER SUCCESS STORY

Leading Wholesaler Perfects Ledger Reconciliation Coverage

Know how
Pacifica logo

CUSTOMER SUCCESS STORY

Large Hotel Chain Achieves 97% Automated Bank Reconciliation

Know how

Pre-Built Integrations

50+ ERPs

50+ ERPs

10+ Payment Processors

50+ ERPs

100+ Banks

50+ ERPs

The Value of Automated Balance Sheet Reconciliation

30%

Reduction in Days to
Reconcile

99%

Reconciliation
Accuracy

95%

Transaction Auto
Match Rate

100%

GL Accounts
Coverage

Have More Questions? Connect with Our Product Experts

Book A Demo