AI-Based Autonomous Accounting Software for Record to Report

Say Goodbye to
Manual
Siloed
Inaccurate
 Accounting. Powered by One Intelligent Platform.

Get granular visibility into your accounting process, take full control all the way from Record to Report

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Real outcomes, achieved with real-time visibility across the Accounting Process

GO BEYOND Day Zero Close

GO BEYOND Day Zero Close

Achieve ‘continuous financial close’ by automating all the manual tasks from ERP data fetching to Journal Entry posting.

Financial Close Management
ACCURATE Reconciliation

ACCURATE Reconciliation

Be audit ready always with ML based account matching and automation of the reconciliation task list.

Account Reconciliation
PROACTIVE Anomaly Management

PROACTIVE Anomaly Management

Realise 100% accounting accuracy by proactively resolving errors and omissions

Anomaly Management

Control, Collaboration, Accuracy across Accounting Team

FreedGPT

Automate consolidating Close data, prompt Freeda for top accounting anomalies and intelligently automate summary reports, insights and graphs within seconds

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Navigating the Challenges of Traditional Accounting

Manual accounting processes can lead to reporting inaccuracies, inconsistencies and risk of non-compliance, resulting in reduced profitability

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Manual and time-intensive data processing tasks

Gathering financial data manually from multiple departments or sources can be a complex task due to lack of data centralization

Teams operating in siloes lead to incomplete data

Email based communication between different departments can be inefficient due to lack of integrated systems, leading to incomplete financial information

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highradius

Inaccuracy and inconsistency in financial reporting

Mismanagement of data and human errors due to manual processes can lead to inconsistency and inaccuracy in how financial information is collected, processed and reported

High risk of non-compliance and accounting regulations

Manual accounting practices can cause inaccuracies in financial reporting and make compliance monitoring a challenge due to the lack of real-time visibility

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Unlocking Business Outcome with Record to Report Solution

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Don't Just Take Our Word For It, Hear It From Your Peers!

Take The Next Step To Transform Your Office Of The CFO

Order To Cash

Transform Order to Cash process with AI to streamline the order to cash process while enhancing accuracy, increasing efficiency and reducing DSO.

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Treasury & Risk

Transform Treasury by automating critical aspects of cash management and, leverage AI to optimize cash position, reduce risk exposure and drive efficient cash allocation.

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Frequently Asked Questions

Security is of paramount importance to each of our customers as it is to us. We are SSAE16 Soc I Type II certified, PCI-DSS Compliant and CSA Registered. We strictly follow all Industry standards and best practices.

While choosing an Record to Report solution, you must look at factors like its use cases, product features, analytical capabilities, scalability of the solution, data security and compliance, and integration capabilities. To see HighRadius in action and how it meets your needs, book a 30-minute demo with our accounting experts.

How is AI used in accounting?

Unlike the resource-intensive traditional accounting, Record to Report embeds AI into the financial close, reconciliation, and anomaly detection processes to automate manual tasks. Right from auto-reconciling the GL and sub-ledger data to customized projects with tasks, AI frees you up from performing these repetitive processes and lets you focus on the strategic tasks.

HighRadius' solutions offer pre-built connectors with the major ERPs and banks to reduce the IT effort while setting up the integration. Additionally, we provide a dedicated implementation team to do most of the heavy lifting. In general, our solution is designed to be user-friendly and requires minimal IT involvement once it is set up and running.

Yes, HighRadius' Record to Report solution integrates with all major cloud-based ERPs like Epicor Kinetic, SAP, Oracle, Netsuite, Sage Intacct, Workday, and more. To know more about HighRadius' integrations, please check these FAQs.

Record to report (R2R) is a finance and accounting management process that involves collecting, processing and presenting accurate financial data. It provides strategic and financial insights to the management and other stakeholders about the performance of the organization.