HighRadius Named a Challenger In 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

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Financial Close Software

AI agents sync GL and external systems to automate routine tasks, daily cash posting, accruals, amortizations, provisions, flag anomalies, and post journals.

Reduce days to close by 30%

Improve close task productivity by 50%

AI-Powered Value Creation at 1300+ Enterprises

AI Agents for Financial Close Software

Cash Accounting
Post non-AR cash to GL accounts, reconcile balances, and post entries.
PO Accrual
Identify purchase orders, record liabilities, and recognize future expenses.
Prepaid Expense Accrual
Create and review amortization schedules, aggregate balances, and post journals.
Anomaly Detection
Continuous close by identification of GL anomalies with AI-powered detection and alerts.
Intercompany Cash Clearing
Review the cash clearing to IC AR, AP posting and create journal entries for matched items.
Unbilled Revenue Accrual
Track unbilled revenue, post entries, and adjust balance sheets.

Financial Close Agentic AI Orchestration

See R2R Agent Builder in Action

Companies can upload 2,000+ Excels to the R2R Agent Builder, which converts them into 200+ agents—one for each close and consolidation use case.

Upload 1000s of spreadsheets

200+ AI Agents auto-generated

60%+ Close automation

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Product

Key Agents

  • Cash Accounting
  • PO Accrual
  • Prepaid Expense Accrual
  • Anomaly Detection

Value

Improve Operational KPIs

  • 50% Accrual Entry Automation
  • 95% Journal Posting Automation
  • 80% Anomalies Resolved

Deliver Business Outcomes

  • 50% Close Productivity Improvement
  • 30% Reduction in Days to Close
  • 100% Audit Readiness
  • 100% Real-Time Visibility

Key Agents

  • Cash Accounting
  • PO Accrual
  • Prepaid Expense Accrual
  • Anomaly Detection

Improve Operational KPIs

  • 50% Accrual Entry Automation
  • 95% Journal Posting Automation
  • 80% Anomalies Resolved

Deliver Business Outcomes

  • 50% Close Productivity Improvement
  • 30% Reduction in Days to Close
  • 100% Audit Readiness
  • 100% Real-Time Visibility
Unlock These Benefits for Your Business

HighRadius Named a Challenger In 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

A 3X Leader in Gartner® Magic QuadrantTM Invoice-To-Cash Expands into FCCS

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Rising Star

HighRadius Named ‘Rising Star’ In 2024 ISG Provider Lens™ Finance And Accounting Platforms Report

Chosen For AI Driven Innovations | Comprehensive Suite

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Value Creation at 1300+ Enterprises

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FAQs: AI-Powered Accounting Close Software Solutions

Does HighRadius financial close management software integrate with ERPs?

HighRadius financial close 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 financial close management software?

The implementation time for HighRadius financial close 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 financial close management software handle data security and privacy?

HighRadius financial close 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.

How are journal entries posted to ERP in HighRadius financial close management software?

HighRadius financial close solutions integrate with any ERP to automatically post journal entries for updating final GL balances. You can use existing templates to create journal entries wherein all transaction details are already auto-populated to make the process more efficient.

How does HighRadius financial close management software handle audit requirements?

HighRadius financial close management software has ‘task logs’ to help track all changes made to every close task in chronological order. Additionally, accountants can add all collaterals – supporting documents, comments, and web links – to their task for auditors to have all information handy.