Autonomous Accounting for Record to Report

Account Reconciliation

Optimize Account Reconciliation by identifying and resolving variances for General Ledger Accounts through configurable matching rules and algorithms

  • Up to 90% Auto-certification of accounts every month
  • SOX compliant and audit-ready
  • 100% Balance sheet reconciliations reviewed before ledger close
Highradius

Automate Your Financial Reconciliation

Account Reconciliations Management with Automated Workflow

Account Reconciliations Management with Automated Workflow

Ability to create account reconciliation project plans to assign specific General Ledger (GL) accounts to R2R Analysts or user groups for enhanced reconciliation tasks completion

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AI-Powered Anomalies Detection to perform Proactive Reconciliations

AI-Powered Anomalies Detection to perform Proactive Reconciliations

Predicts a list of potential anomalies that helps in addressing open items proactively rather than waiting until month-end for reconciliations

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GL Account Specific Reconciliation Templates for Faster Reconciliation

GL Account Specific Reconciliation Templates for Faster Reconciliation

Allow users to leverage standard reconciliation templates (or create their own templates) to accelerate the reconciliation process

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Matching Criteria to Auto Reconcile Data Sets

Matching Criteria to Auto Reconcile Data Sets

Provide a set of existing matching rules or algorithms to reconcile any 2 sets of data (GL and Subledger (SL) or GL and Bank statement)

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Collaborative Workspace for Review and Approval

Collaborative Workspace for Review and Approval

Allow reconcilers to share their work papers for each reconciliation for review and approval to the Reviewer. Allow users to provide inputs to complete the reconciliation

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Real-Time Visibility of Tasks Progress to all Stakeholders

Real-Time Visibility of Tasks Progress to all Stakeholders

Provide visibility to all stakeholders across the organization on the status of reconciliation, dependencies, delays, and any action that needs to be taken

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