Enable a continuous close by auto-resolving 80% of daily GL anomalies with AI-powered detection and alerts.
Reduce days to close by 30%
Achieve 100% financial reporting accuracy
Product
Value
HighRadius | ERP Vendors(e.g. SAP, Oracle) | Other SAAS(e.g. Blackline, FloQast, Trintech) | Niche Players(e.g. Esker, Billtrust) | |
Anomaly Detection
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Anomaly Resolution
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Anomaly Progress Dashboard
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Advanced Dunning
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Disclaimer: Feature comparison is based on each vendor’s most recent and modern version available as of February 1st, 2024.
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Get The ReportSay bye to data mismanagement, human errors, and accounting omissions to bring in trust, compliance, and consistency to your reporting. More
With seamless communication on an integrated platform, get complete visibility on the status of your month-end close and reconciliation processes. More
With hyperdata centralization and automation, say bye to manual and time-intensive data processing tasks across your accounting processes. More
HighRadius anomaly management software offers a flexible solution, seamlessly integrating with major ERPs like SAP, Microsoft Dynamics 365, Oracle, NetSuite, Sage Intacct, and Workday. This adaptability ensures the effortless extraction of data from GL accounts for reconciliation, facilitating a timely close. Moreover, the system must send journal entries back to the ERP in the supported format.
The implementation time for HighRadius anomaly management software varies based on the complexity of your organization’s requirements. However, our Speed to Value methodology guarantees swift implementation and ROI realization within 3 to 6 months.
HighRadius anomaly management software, prioritizes your data security and privacy, meeting key compliance standards such as GDPR, HIPAA, SOC 1 Type 2, and SOC 2 Type 2. This ensures that your data remains confidential and secure, giving you peace of mind while managing your finances.
Yes, HighRadius anomaly management software can prevent duplicate data entry using advanced machine learning capabilities. The software scans transactions in real-time to detect and flag potential duplicates, such as invoices, payments, or sales entries, that may have been recorded more than once.
Yes, HighRadius anomaly management software features a dashboard that offers a clear view of potential reporting issues. It tracks and analyzes anomalies with reports and visualizations, showing anomaly count, categorizing them by type, and reviewing their status. The dashboard also displays trends in detection accuracy and potential financial impacts, enabling proactive issue resolution.