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 autonomous accounting


HighRadius Launches Autonomous Accounting to Disrupt Month-End Close

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HOUSTON–(BUSINESS WIRE)–#AI–HighRadius, the Artificial Intelligence-powered Order to Cash and Treasury Management software leader, today expanded its Autonomous Software platform into the Record to Report function to help accounting teams complete month-end close activities faster and more accurately. The new Autonomous Accounting software includes Financial Close Management and Account Reconciliation products as part of the Record to Report suite offering. As the deadline for closing business transactions nears each month, controllers and their staff have the often thankless job of identifying anomalies and missing transactions across the business that may be captured in ERPs, accounting systems, third-party systems, Excel, or perhaps not captured at all. Dealing with these upstream business transactions under a tight timeline puts tremendous pressure on accounting teams to complete their work by the first day of the month. The HighRadius Autonomous Accounting solution uses native AI to continuously evaluate every transaction – including potentially missing transactions – to flag department stakeholders to review on a daily basis and self-correct in workflow collaboration with accounting staff.