Anomaly Management Software

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

Anomaly Software Modules

Product

Key Modules

  • GL Posting Errors
  • GL Posting Omissions
  • Anomaly Workflow
  • Anomaly Progress Dashboard

Value

Improve Operational KPIs

  • 80% Anomalies Resolved
  • 70% Anomalies Closed
  • 30% Anomalies Ignored

Deliver Business Outcomes

  • 50% Improved Reconciliation Productivity
  • 30% Reduction in Days to Close
  • 30% Reduction in Days to Reconcile
  • 100% Financial Reporting Accuracy

Key Modules

  • GL Posting Errors
  • GL Posting Omissions
  • Anomaly Workflow
  • Anomaly Progress Dashboard

Improve Operational KPIs

  • 80% Anomalies Resolved
  • 70% Anomalies Closed
  • 30% Anomalies Ignored

Deliver Business Outcomes

  • 50% Improved Reconciliation Productivity
  • 30% Reduction in Days to Close
  • 30% Reduction in Days to Reconcile
  • 100% Financial Reporting Accuracy
Unlock These Benefits for Your Business

Anomaly Management Software Feature Comparison

HighRadius ERP Vendors(e.g. SAP, Oracle) Other SAAS(e.g. Blackline, FloQast, Trintech) Niche Players(e.g. Esker, Billtrust)

Anomaly Detection

  • Navigation across periods
  • Flexible calendars

Anomaly Resolution

  • Dashboard
  • Interactive reporting tool

Anomaly Progress Dashboard

  • Custom derived column creation
  • Iterative data transformation

Advanced Dunning

  • Bulk correspondences with customizable templates
  • Smart payment links within emails

Disclaimer: Feature comparison is based on each vendor’s most recent and modern version available as of February 1st, 2024.

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Anomaly Software Solutions for All Accounting Roles

Accounting Managers

Say bye to data mismanagement, human errors, and accounting omissions to bring in trust, compliance, and consistency to your reporting. More

Controllers

With seamless communication on an integrated platform, get complete visibility on the status of your month-end close and reconciliation processes. More

CFOs and CAOs

With hyperdata centralization and automation, say bye to manual and time-intensive data processing tasks across your accounting processes. More

FAQs: AI-Powered Anomaly Management Software Solutions

Does HighRadius anomaly management software integrate with ERPs?

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.

How much time does it take to implement HighRadius anomaly management software?

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.

How does HighRadius anomaly management software handle data security and privacy?

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.

Can HighRadius anomaly management software prevent duplicate data entry?

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.

Does HighRadius anomaly management software give you a bird's eye view of potential anomalies?

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.