Intercompany Management

AI agents automate 80% of intercompany AR/AP reconciliations, identify exceptions for review, and facilitate global netting and settlements.

Reduce intercompany eliminations by 80%

Speed up intercompany settlements by 30%

Financial Close Software

AI Agents for Intercompany Management Software

Product

Key Agents

  • Intercompany AR/AP Reconciliation
  • Intercompany Dispute Resolution
  • Intercompany Anomalies
  • Intercompany Net & Settle

Value

Improve Operational KPIs

  • 90% Transactional Auto Match Rate
  • 100% Reconciliation Checklist Completion
  • 80% Anomalies Resolved
  • 40% Close Productivity Improvement

Deliver Business Outcomes

  • 50%  Boost in Reconciliation Productivity
  • 30% Reduction in Days to Reconcile
  • 99% Reconciliation Accuracy
  • 100% Accurate Consolidated Reporting

Key Agents

  • Intercompany AR/AP Reconciliation
  • Intercompany Dispute Resolution
  • Intercompany Anomalies
  • Intercompany Net & Settle

Improve Operational KPIs

  • 90% Transactional Auto Match Rate
  • 100% Reconciliation Checklist Completion
  • 80% Anomalies Resolved
  • 40% Close Productivity Improvement

Deliver Business Outcomes

  • 50% Boost in Reconciliation Productivity
  • 30% Reduction in Days to Reconcile
  • 99% Reconciliation Accuracy
  • 100% Accurate Consolidated Reporting
Unlock These Benefits for Your Business

Value Creation at 1100+ Enterprises

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HighRadius Named ‘Rising Star’ in 2024 ISG Provider Lens™ Finance and Accounting Platforms Report

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Intercompany Accounting 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

FAQs: AI-Powered Financial Reconciliation Software

Does HighRadius intercompany reconciliation software integrate with ERPs?

HighRadius intercompany 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 intercompany management software?

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

HighRadius intercompany 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 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 intercompany management help with dispute resolution between entities?

HighRadius intercompany management simplifies intercompany dispute resolution by offering a structured workflow to handle discrepancies. Users can raise inquiries for issues like billing errors, submit correction requests, and track resolutions. Each issue gets a unique ID and is directed to the right team, ensuring efficient handling.

How does HighRadius intercompany management software handle intercompany netting and settlement?

HighRadius’ intercompany management software automates netting and settlement by reviewing and netting transactions between business units. It manages profiles for entities, countries, and currencies, integrates with systems for accurate data and currency conversion, and follows rules for netting and aggregation.