Account Reconciliation

Transaction Matching

Unified View for Teams. Simplify your reconciliation process with accurate AI/ML-powered matching across data sets.

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Key Features

AI-based E-Mail Remittance Capture

Configurable Matching Rules

Configure matching rules and match line-level transactions from two or multiple data sources in a way that suits your business requirements.

AI-based E-Mail Remittance Capture

Reconciliation Summary

Get a unified view of matched and unmatched items where accountants can add explanations or track corrective actions identified for the unreconciled items.

Trusted By The Best Accounting Teams Around The Globe

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Frequently Asked Questions

HighRadius is an ERP agnostic software that seamlessly integrates with all major ERPs like SAP, Microsoft Dynamics 365, Oracle, NetSuite, Sage Intacct, Workday, etc.

HighRadius' industry-defining Speed to Value methodology ensures faster time to implementation and quicker ROI (in 3 to 6 months).

HighRadius utilizes 100+ algorithms to match items and provide a list of all unreconciled items for accountants/analysts to check. Also, its AI-powered anomaly detection software analyzes 12 to 18 months of historical data to automatically detect errors and omissions.

HighRadius' account reconciliation software provides a list of all corresponding transactions for all reconciliation tasks and an option to add attchments to ensure information is properly documented. Also, task logs maintain a clear audit trail that facilitates regulatory reporting.

We partner with banks and financial institutions to automatically capture payment information from all the industry-standard bank payment files and formats.

Our account reconciliation software has all the necessary compliances and accreditations required to keep your data confidential and safe, including GDPR, HIPAA, SOC 1 Type 2, SOC 2 Type 2.

Bank reconciliations can be automated with an account reconciliation software like HighRadius that automatically matches the company's recorded transactions in ledgers with its bank statements. It also has templates for creating journal entries to adjust for differences like outstanding checks or deposits in transit.

Account reconciliation software automates the process of comparing financial records, such as ledger entries and bank statements, to ensure accuracy and consistency. It identifies discrepancies, streamlines the reconciliation process, improves compliance, and enhances reporting efficiency.