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Stock impact report

HighRadius Named a Challenger in the 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions [Yahoo! Finance]

Gartner, Inc. (IT) 
Last gartner, inc. earnings: 2/4 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.gartner.com/investor-relations
Company Research Source: Yahoo! Finance
HOUSTON, April 03, 2025 BUSINESS WIRE )--In a 2022 study of 320 controllers using the Jobs To Be Done framework, Excel was voted the #1 software over niche Record-to-Report (R2R) vendors. The study found that 80% of close and consolidation work still happens in Excel. Accountants spend less than 20% of their time in ERPs or specialist R2R software. Traditional close software can't replace Excel - Companies rely on over 2,000 Excel sheets for close, reconciliation, and consolidation tasks. Each sheet reflects a logical unit of work, such as PO accruals, bank recon, or credit card recon. Niche R2R vendors support generic workflows for GL and sub-GL activities like close checklists, approvals, and audit trails. But all the real math happens in Excel and is simply attached to the tasks. HighRadius LiveCube R2R Agents - Companies can upload their 2,000+ R2R Excel sheets into LiveCube no-code platform. LiveCube generates an AI Agent for each R2R use case by parsing each Excel and all o Show less Read more
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