Record to Report Suite

Daily Revenue Reconciliation Software

Automate 90% of complex, high-volume daily reconciliations across diverse entities, systems, and transaction types.

Achieve 99% accuracy with automated matching, allowing your team to focus on exceptions.

Daily Revenue Reconciliation Software

Recommended Resources

Financial Close Datasheet

On-Demand Demo

Key Modules

Point of Sale (POS) Reconciliation

Point of Sale (POS) Reconciliation

Prevent Revenue Leakage. Auto-match POS reports with AR subledger and payment settlement. More

Credit Card Reconciliation

Credit Card Reconciliation

Prevent Financial Fraud. Multi-tiered matching to suit any process (Processor, Bank, GL, POS). More

Duplicate Data Entry

Cash Reconciliation

Ensure Financial Accuracy. Auto-match bank statements to cash G/L to reduce risk. More

Franchise Reconciliation

Franchise Reconciliation

99% Royalty and Commission Accuracy. Auto-match royalties and commissions from POS to AR. More

Claim Settlement Reconciliation

Claim Settlement Reconciliation

Validate Claim Revenue. Automate claim-to-cash matching with seamless data sync. More

Automated Journal Posting

Automated Journal Posting

99% Journal Posting Automation. LiveCube-enabled journal entry preparation and posting to ERP. More

PRODUCT

Key Modules

  • POS to AR Subledger
  • Credit Card Reconciliation
  • Cash Reconciliation
  • Franchise Reconciliation

VALUE

Improve Operational KPIs

  • 95% Transactional Auto Match Rate
  • 90% Reconciliation Automation
  • 99% Journal Posting Automation

Deliver Business Outcomes

  • 70% Reconciliation Productivity Improvement
  • 99% Reconciliation Accuracy
  • 99% Royalty and Commission Accuracy

Key Modules

  • POS to AR Subledger
  • Credit Card Reconciliation
  • Cash Reconciliation
  • Franchise Reconciliation

Improve Operational KPIs

  • 95% Transactional Auto Match Rate
  • 90% Reconciliation Automation
  • 99% Journal Posting Automation

Deliver Business Outcomes

  • 70% Reconciliation Productivity Improvement
  • 99% Reconciliation Accuracy
  • 99% Royalty and Commission Accuracy

Trusted by 1000+ Global Businesses across Enterprise & Mid-Market

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HighRadius Global Business Logos
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One AI Revenue Reconciliation Software 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

HighRadius Revenue Reconciliation Software Tool Overview

Collections Flow Diagram

FAQs: AI-Powered Revenue Reconciliation Software Solutions

Does HighRadius daily revenue reconciliation software integrate with ERPs?

HighRadius daily revenue reconciliation 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 daily revenue reconciliation software?

The implementation time for HighRadius daily revenue reconciliation 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 daily revenue reconciliation software handle data security and privacy?

HighRadius daily revenue reconciliation 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 does HighRadius daily revenue reconciliation software handle franchise/royalty reconciliation?

HighRadius daily revenue reconciliation software simplifies franchise/royalty reconciliation by integrating with POS systems and ERPs. It automatically imports sales reports and AR subledger data, calculates royalty amounts, and matches them using customizable rules. The software flags relevant revenue, applies royalty rates, and produces periodic reports to ensure accurate reconciliation.

How does HighRadius daily revenue reconciliation software handle premium payment reconciliation?

HighRadius daily revenue reconciliation software automates the process of matching insurance premium payments with policy records and bank statements. The software verifies that premium payments are accurately recorded by comparing data from payment records with policy details and bank deposits.