Balance Sheet Reconciliation Software for an Audit Ready Close

Experience 90% Automated Reconciliation with 21 AI Agents

  • 95% Automated Journal Posting via AI-Driven ERP Integration
  • 30% Faster Close with a Continuous Accounting Cycle
  • 100% Account Substantiation for Audit-Ready Assets & Liabilities
  • Eliminate Post-Close Adjustments with 99% Reconciliation Accuracy

Konica-logo

CUSTOMER SUCCESS STORY

75% Faster Bank Reconciliation with AI/ML-Powered Transaction Matching

Know How
caliber-logo

CUSTOMER SUCCESS STORY

75% Improvement in Revenue Recognition Across 4 Reconciliation Processes

Know How

Key AI Agents for Balance Sheet Reconciliation Software

IDC

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

HighRadius stands out as a challenger by delivering practical, results-driven AI for Record-to-Report (R2R) processes. With over 200 LiveCube agents automating 60 %+ of close tasks and real-time anomaly detection powered by 15+ machine learning models, the platform drives continuous close with guaranteed business outcomes—moving beyond AI hype. HighRadius aims to achieve 90% automation by 2027 as it evolves toward full autonomy.

A Challenger in the Magic Quadrant. A Leader in Finance Innovation.

Learn how HighRadius is helping global enterprises automate, accelerate, and lead the future of the financial close.

Download the Report

Balance Sheet Reconciliation Software Built to Deliver Real Business Outcomes

30%

Reduction In Days to Reconcile

Eliminate period-end fire drills, flag anomalies mid-cycle, & accelerate the close with real-time data sync and AI-driven variance analysis.

50%

Productivity Boost

Eliminate manual transaction matching, automate high-volume matching, & streamline exceptions with AI Agents that learn from historical data.

99%

Reconciliation Accuracy

Ensure financial integrity by standardizing workflows, automating substantiation, and ensuring all accounts align with global policies.

HighRadius vs. Traditional Balance Sheet Reconciliation Software

Matching Logic
Account Substantiation
Data Context
System Reach
Traditional
Reconciliation Tools
Rule-based templates that require manual configuration and constant IT maintenance.
Manual calculation of prepaids and accruals in Excel, often limited to straight-line methods.
Siloed data exports that force analysts to manually link related journal entries and backup.
Struggles with fragmented data and requires manual reconciliation for each separate ERP entity.
The HighRadius
AI Advantage
AI-Agent Rule Discovery: Agents autonomously identify matching patterns and clusters at scale.
Heuristic Scheduling: Automatically creates and validates complex schedules for assets and liabilities.
Cross-Account Intelligence: Agents pass context between journals, ensuring a 100% audit-ready trail.
Multi-Entity Orchestration: Reconcile and automate 95% journal postings across multiple ERPs simultaneously.

AI-Powered Value Creation at 1300+ Enterprises

How Does Automated Balance Sheet Reconciliation Software Work?

HighRadius moves beyond static checklists to an agent-led workflow that synchronizes data, discovers matching logic, and posts adjustments directly to your ERP.

Continuous Data Synchronization & ERP Integration

Stop manually extracting trial balances and ledger data. HighRadius AI Agents act as a live extension of your financial ecosystem.

  • Live G/L & Bank Sync: API-based connectivity synchronizes bank statements and General Ledger accounts in real-time.
  • Unified Data Layer: Consolidate multi-entity data, sub-ledgers, and external bank feeds into a single source of truth.
  • No Data Extraction Gaps: Unlike legacy tools, AI Agents reconcile data continuously without waiting for a pre-close freeze.

AI-Driven Matching & Rule Discovery

Shift from manual reconciliation processes to exception-based review with self-learning matching logic.

  • Agentic Rule Discovery: AI Agents autonomously discover matching rules for transaction reconciliation by learning from your historical data.
  • Complex Scenario Handling: Supports one-to-one, one-to-many, and many-to-many matching for high-volume transactions.
  • Account Substantiation: Automatically compares balance sheet heads (Assets/Liabilities) against evidence (Bank statements, FAR, Prepaid schedules).

Intelligent Exception Management & Anomaly Detection

Instead of reviewing all transactions, your team focuses only on AI-flagged high-risk items.

  • Mid-Cycle Anomaly Detection: AI identifies errors and omissions during business operations, flagging discrepancies before they delay the close.
  • AI-Powered Resolution Suggestions: The system recommends corrections for unmatched items based on root-cause analysis.
  • Strategic Prioritization: Exceptions are prioritized by financial impact, allowing managers to resolve bottlenecks mid-cycle.

Autonomous Journal Posting & Audit-Ready Approval

Close the loop by automating the adjustment process and creating a permanent record for auditors.

  • 95% Automated Journal Posting: Facilitates the approval and posting of necessary journal adjustments back to the ERP for unrecorded entries.
  • AI-Generated Audit Trails: Every reconciliation, adjustment, and approval is automatically documented with timestamps.
  • Global Compliance Dashboards: Gain real-time visibility into reconciliation status and SOX/IFRS compliance across all global entities.
Rising logo

HighRadius ‘Rising Star’ in ISG Provider Lens™ 2024 for Record To Report (R2R)

IDC frame

AI Driven Innovations | Comprehensive R2R Suite

Get The Report
IDC frame

Benefits of AI Agent–Led Balance Sheet Reconciliation Software

Legacy reconciliation relies on rigid templates and manual matching, leaving finance teams drowning in spreadsheets and 15-hour workdays. HighRadius AI Agents replace manual chaos with automated workflows, ensuring that every account is substantiated and audit-ready in real time.

1

Error Reduction with AI-Driven Accuracy

Manual data entry and Excel-based matching are breeding grounds for hidden errors and post-close adjustments that compromise financial integrity. HighRadius AI Agents discover matching rules and flag anomalies mid-cycle. By automating 90% of transaction matching, you eliminate the risk of human error and ensure your financial statements are 100% reliable.

2

Accelerated Close

Waiting for the month-end freeze to start reconciliations leads to bottlenecked close cycles and missed deadlines. Shift from a month-end sprint to a continuous accounting cycle. AI Agents work 24/7 across multiple ERPs to aggregate data and match transactions, reducing your days to reconcile by 30%.

3

Intelligent Exception Management

Finance teams waste 80% of their time reviewing low-risk accounts that match perfectly, leaving little time for high-risk discrepancies.HighRadius automates low-risk substantiation, allowing your team to focus exclusively on high-value exceptions. Automated workflows and prioritized handling resolve bottlenecks before they delay the close.

4

Audit Readiness & Compliance

Scrambling to pull backup documentation and manual audit trails during audit season is a major burnout factor for CAOs and Controllers. Every action is automatically documented with an AI-generated audit trail. Achieve 100% account substantiation that meets SOX, GAAP, and IFRS standards, making internal and external audits a seamless, zero-stress process.

5

Real-Time Visibility

Using fragmented systems means the CFO only sees the real numbers 15 days after the month ends. Our balance sheet reconciliation software provides real-time dashboards and predictive analytics. Proactively detect recurring discrepancies and cash flow risks, empowering leadership with the insights needed for strategic decision-making.

6

Maximize Productivity

Increasing transaction volumes usually require more staff, leading to rising operational costs and team burnout. Boost reconciliation productivity by 50%. By automating repetitive tasks and 95% of journal postings, your existing team can scale operations and focus on high-impact financial analysis rather than manual data entry.

Essential Resources For Smarter Balance Sheet Reconciliation

AI Agent Capability Matrix

The AI Agent Capability Matrix: A Roadmap for Financial Close

Master a proven strategy to assess, pilot, and scale AI-driven reconciliation while navigating global compliance barriers.

Download Ebook
CFO Guide to AI Transformation

CFO’s Guide To AI-Led Transformation In Close And Reconciliation

Discover why final 10-day close sprints increase error risks by 59% and how AI-based systems cut close time by 60%.

Download Ebook
Top 10 AI Use Cases

Top 10 AI Use Cases in Close and Reconciliation

Stop rebuilding reconciliation logic in Excel and use AI Agents to achieve 90% accuracy in accruals and omissions.

Download Ebook

ERP Integration for Automated Balance Sheet Reconciliation

HighRadius’s automated balance sheet reconciliation software is ERP-agnostic and integrates seamlessly with leading systems such as SAP S/4HANA, Oracle Fusion, Microsoft Dynamics 365, and NetSuite. It automates bi-directional data flow across ERPs and global bank portals to eliminate manual reconciliation gaps. HighRadius streamlines balance sheet reconciliation with real-time transaction syncing via API integrations with 10,000+ financial institutions, keeping your finance environment audit-ready.

50+ ERPs

Diagram showing seamless integrations between reconciliation software, major ERP systems, payment processors, and global banks

10+ Payment Processors

Diagram showing seamless integrations between reconciliation software, major ERP systems, payment processors, and global banks

100+ Banks

Diagram showing seamless integrations between reconciliation software, major ERP systems, payment processors, and global banks

Tailor-Made Balance Sheet Automation Solution for Every Finance Leader

Empower your team with Agentic AI to automate balance sheet substantiation and accelerate an audit-ready close. From Managers to CAOs, HighRadius eliminates repetitive tasks so you can focus on strategic financial analysis.

  • Goal Global Financial Integrity and AI-Powered Transformation
  • Impact Shift from manually tracking global compliance to real-time financial visibility. Reduce 15-hour workdays to 10 by automating audit readiness and executive decision-making.
  • Goal: Timely, accurate reporting and multi-entity consolidation.
  • Impact: Eliminate the 20-day close. Replace manual Excel consolidation with AI-driven workflows that approve journal entries and track SOX/IFRS compliance automatically.
  • Goal: Team productivity and eliminating month-end burnout.
  • Impact: Move from manual processes to intelligent exception management. Achieve a 90% auto-match rate and use automated workflows to route missing entries without manual follow-up.
  • Goal: Efficient reconciliations and seamless data integration.
  • Impact: Stop drowning in manual data pulling. Use AI Agents to automate complex schedules for prepaids and fixed assets, ensuring 100% accuracy with zero manual entry.

From Automated to Autonomous: Why Agentic AI in Balance Sheet Reconciliation is the Future

Traditional automation follows a script; it matches what you tell it to match. HighRadius AI Agents go further; they analyze context, learn from historical resolutions, and take intelligent, independent action. They don't just speed up the process; they redefine it by moving from rule-following to reasoning.

icons

Self-Learning & Adaptive Intelligence

Unlike traditional software that hits a ceiling when data formats change, AI agents continuously learn from every reconciliation cycle. They adapt to new transaction patterns and data shifts in real-time.

icons

Autonomous Decision-Making & Agency

Agentic AI powers reconciliation workflows to run on autopilot. These agents perceive the environment, detect mismatches, and decide the next best action, whether clearing a transaction or escalating high-risk anomalies.

icons

End-to-End Touchless Automation

Data is ingested via live API feeds, exceptions are resolved through self-discovered logic, and journal entries are auto-posted back to the ERP. Every action remains traceable and explainable for audit teams.

icons

Proven Real-World Outcomes

Leading global enterprises are achieving measurable ROI. Finance teams are accelerating their close by 30%, eliminating material reconciliation errors, and maintaining 100% continuous audit readiness.

Manual vs. Automated Balance Sheet Reconciliation

The shift from manual to automated reconciliation is the difference between reactive firefighting and proactive financial management. Automated balance sheet reconciliation tools eliminate the manual bottlenecks that cause 15-hour workdays, replacing them with a continuous, audit-ready workflow.

Accounting Process Manual Reconciliation Automated Reconciliation
Data Consolidation Excel Sprints: Manually pulling and consolidating data from multiple ERPs and entities. Real-Time Sync: AI-driven multi-entity consolidation eliminates data silos automatically.
Transaction Matching Manual processes: Manual line-by-line review of bank and GL accounts in spreadsheets. 90% Auto-Match: AI Agents discover matching rules and reconcile transactions mid-cycle.
Journal Postings Manual Re-entry: High volumes of journal entries are prepared and posted manually to the ERP. 95% Auto-Posting: Automated workflows route and post journal entries directly back to the General Ledger.
Compliance & Audit Fragmented Tracking: Manually tracking SOX, GAAP, and IFRS requirements via static checklists. Real-Time Dashboards: Continuous audit-ready tracking with AI-generated documentation trails.
Anomaly Detection Post-Close Discovery: Errors and omissions are often caught only after the books are closed. Mid-Cycle Flagging: AI identifies discrepancies during business operations for immediate resolution.
Executive Reporting After-Hours Compilation: Late nights spent compiling cash flow and board reports manually. Instant Visibility: Real-time dashboards provide live financial health metrics and predictive insights.

How to Choose the Best Balance Sheet Reconciliation Software

Selecting a solution isn't just about digitizing a checklist; it’s about moving toward autonomous accounting. To ensure your team escapes the month-end chaos and achieves 99% accuracy, evaluate your options against these critical enterprise requirements:

Framework for choosing balance sheet reconciliation software with AI agents, ERP sync, and automated account substantiation.

1. Intelligent Rule Discovery

Most legacy software relies on rigid, manual rule-based configurations that require constant IT support.

  • Choose a solution with AI Agents that automatically discover matching rules and learn from historical data. This ensures a 90%+ auto-match rate even for complex, high-volume transactions across multiple entities.

2. Bi-Directional ERP Sync

A tool that only extracts data creates sync gaps and reconciliation silos.

  • Your software should act as an extension of your ERP (SAP, Oracle, NetSuite, Microsoft Dynamics). Look for Automated Journal Entry Posting that preparers can review and post back to the General Ledger instantly, eliminating manual data re-entry.

3. Automated Account Substantiation

Many close management tools are simply digital checklists. They track that a task was done, but not how accurate it is.

  • Ensure the software provides Automated Account Substantiation. It should automatically pull backup evidence for assets and liabilities and create an AI-generated audit trail that is 100% audit-ready.

4. Global Multi-Entity Scalability

Mid-market tools often struggle with the Global Controller’s needs: multi-currency, intercompany eliminations, and varying regulatory standards (SOX, GAAP, IFRS).

  • Select a platform that utilizes technology to handle large-scale data volume and complex grouping/rollups without slowing down the month-end close.

5. Continuous Close Capabilities

Legacy solutions wait for the month-end freeze, creating reconciliation chaos.

  • Choose an automated platform that identifies anomalies mid-cycle. By flagging errors and omissions during business operations, your team can resolve discrepancies daily, leading to a faster, stress-free close.

6. Outcome-Based ROI

Don’t just look at licensing fees; evaluate the business delivery outcomes. An advanced reconciliation solution should deliver:

  • A 50% boost in reconciliation productivity
  • A 30% reduction in days to close
  • Elimination of manual processes for true ROI
Value Creation

From Strategy to Millions—Real Bottom-Line Value Created in 6 Months

Automate reconciliations, eliminate exceptions faster, and deliver audit-ready financials with Agentic AI for accounting.

Book a Discovery Call

FAQs: Automated Balance Sheet Reconciliation Software

1. What is Balance Sheet Reconciliation?

Automated balance sheet reconciliation simplifies the traditionally complex and manual process of reconciling balance sheet accounts. By leveraging advanced software, it seamlessly integrates and validates data from multiple sources, including bank accounts, sub-ledger systems, and ERP systems, ensuring accuracy and efficiency.

This solution applies predefined rules to automatically match transactions with corresponding general ledger entries. As a result, it minimizes human intervention, enhances accuracy, and accelerates the reconciliation process, providing organizations with timely financial insights. It is designed to quickly identify and flag mismatches or anomalies, enabling accountants to address issues promptly. With real-time tracking and notifications, it ensures timely updates and significantly reduces the time required for month-end and year-end financial closes.

2. How does Agentic AI- led balance sheet reconciliation software differ from traditional reconciliation software?

Traditional software relies on rigid, manual rules that break when transaction data or bank formats change, leading to rule fatigue and manual workarounds. Advanced balance sheet reconciliation solution uses AI agents that go beyond simple matching. These agents discover matching rules autonomously by analyzing historical patterns and human decisions. They don’t just follow instructions; they analyze context to resolve exceptions and post journals without requiring constant IT reconfiguration.

3. Can the automated balance sheet reconciliation software handle complex account substantiations like prepaid expenses and fixed assets?

Yes. Unlike general reconciliation tools that only track task completion, AI-agent led balance sheet reconciliation tool provides Automated Account Substantiation. Our specialized AI agents use heuristic-based scheduling to automate complex calculations for prepaid amortizations, deferred revenue, and bad debt reserves. This ensures 100% expense recognition accuracy and provides a single-click audit trail that proves the integrity of your balance sheet heads.

4. Does balance sheet reconciliation software integrate directly with ERPs like SAP, Oracle, and NetSuite?

Highradius balance sheet reconciliation software is designed for a continuous close, providing seamless, bi-directional integration with all major ERPs and 10,000+ global banks. Using secure API-based connectivity, the software synchronizes trial balance and ledger data in real-time. This eliminates the data extraction gap found in legacy tools, allowing you to automatically post adjusting journal entries directly back to your ERP for a touchless reconciliation cycle.

5. How does balance sheet reconciliation software improve audit readiness for SOX and IFRS compliance?

Modern balance sheet reconciliation software moves you from reactive audit prep to continuous audit readiness. The software maintains a secure, immutable audit trail for every action, adjustment, and approval. By achieving 99% reconciliation accuracy and automated documentation, finance teams can provide auditors with immediate evidence of internal controls. Real-time compliance dashboards flag anomalies mid-cycle, ensuring that discrepancies are resolved long before they become material audit risks.

6. What is the impact of automated journal posting on the month-end close?

Manual journal entries are a leading cause of month-end delays and manual errors. Automated balance sheet reconciliation software helps you achieve 95% automated journal posting by identifying reconciling items and preparing the necessary adjustments autonomously. Once approved, these entries are pushed directly to the General Ledger via API. This reduces the time spent on manual data entry by up to 50%, enabling a faster, error-free close and freeing up the team for strategic financial analysis.

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

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

Treasury & Cash Management Solutions

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

Resources:

Month End Close Process | SOX Controls | Transactional Reconciliation | Automated Reconciliation | Intercompany Accounting | Intercompany Transactions | Matching Principle In Accounting | Working Capital Management | Payment Reconciliation | ERP vs Accounting Software | Cost Allocation | Intercompany Reconciliation | Payroll Reconciliation | Automated Accounting | Credit Card Reconciliation | Financial Close Management | Financial consolidation tools | What is Account Reconciliation | What is General Ledger Reconciliation | Bank Reconciliation

Ebooks, Templates, Whitepapers & Case Studies:

Financial Close Buyers Guide | ROI of Automated Accounting | Automated Financial Close Use Cases | AI In Account Reconciliation | Impact Of Implementing AI In R2R Processes | Month End Close Accuracy | Bank Reconciliation Template | Month End Close Checklist | Anomaly Management Dashboard | Financial Close Vendor Evaluation Scorecard | Variance Analysis