Achieve Day Zero Close with Efficient Anomaly Resolution Workflows
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Quick Anomaly Resolution to Achieve Day Zero Close

Defined workflows for accounting teams to assign, investigate, and resolve anomalies efficiently

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AI-Based Credit Management Software

Trusted by Credit Teams Across the Globe

One Collaborative Space For Accounting Teams to Resolve Anomalies

Track the status of each anomaly along with relevant GL transactions in one place

Improved Compliance & Auditability

  • Viewing all anomaly attributes in one place helps auditors find the right information and support documents for ensuring the accuracy of financial statements
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Defined Workflows For Better Collaboration & Efficiency

  • When an anomaly requires some research in order to make a correction, you can create a task and add it within a close workflow process so it doesn't get lost in emails

AI-Enabled Remedial Suggestions For Quick Resolutions

  • Suggestions on how to resolve the anomaly along with suggestions for correcting journal entries for some anomaly patterns
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Frequently Asked Questions

Anomalies are classified as either errors or omissions. HighRadius detects 10 errors and 2 omission cases that are common for all organizations. For instance, when a business transaction recorded in a specific GL account shows up with a Vendor detail that is historically not posted for that GL account or an unexpected Transaction Type where a GL Transaction has been recorded in a GL Account with a Transaction Type that is not expected for that GL Account.

How can you assign anomalies to accountants?

When you see an anomaly in HighRadius' Anomaly Management dashboard, the option to 'Create Task' helps you add the name of the analyst or accountant who'll be responsible for investigating and resolving the anomaly. Moreover, you can add a comment to communicate what needs to be done.

HighRadius' Anomaly Management platform suggests correction for anomalies. If you choose to make a correction, the corrected or new journal entry automatically gets posted to your ERP too.