Financial Consolidation Software
Achieve 60% faster consolidation with automated intercompany elimination, FX conversion, and ownership structure management.
Achieve 100% audit readiness
Accelerate currency consolidation by 50%
Achieve 60% faster consolidation with automated intercompany elimination, FX conversion, and ownership structure management.
Achieve 100% audit readiness
Accelerate currency consolidation by 50%
Centralize GL Data. Automate multi-ERP extraction and CoA-based consolidation.
Automate CoA Mapping. Generate cross-entity statutory & managerial CoA hierarchies.
Manage Ownership Control. Automate NCI metrics, control rules, and reporting.
Ensure Accurate Consolidation. Eliminate loans, revenue, & expenses with adjusting JEs.
50% Faster FX Conversions. Calculate BS and P&L conversions with accurate CTA reporting.
100% Audit Readiness. Automate topside entries, & audit trails.
Product
Value
HighRadius Named ‘Rising Star’ in 2024 ISG Provider Lens™ Finance and Accounting Platforms Report
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Say bye to data mismanagement, human errors, and accounting omissions to bring in trust, compliance, and consistency to your reporting. More
With seamless communication on an integrated platform, get complete visibility on the status of your month-end close and reconciliation processes. More
With hyperdata centralization and automation, say bye to manual and time-intensive data processing tasks across your accounting processes. More
HighRadius financial consolidation 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.
The implementation time for HighRadius Financial Consolidation 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.
HighRadius financial consolidation 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.
Yes, HighRadius financial consolidation software supports multi-currency conversions and the ability to consolidate financial data following different reporting standards (e.g., IFRS, GAAP). This ensures that companies with international subsidiaries can easily manage and report their finances in compliance with global standards.
HighRadius financial consolidation software automates intercompany eliminations by identifying transactions between different entities within a group and removing them from the consolidated financial statements. This ensures that only external transactions are reported, giving a true picture of the company’s financial performance.
