42% OF FINANCE PROFESSIONALS SAY THAT THEY SPEND TOO MUCH TIME ON MANAGEMENT REPORTING AND 32% SAY STATUTORY REPORTING TAKES TOO LONG
Redwood’s finance automation solution allows all relevant month-end reconciliations and accounting records to be assembled in an intricate automated process that records the tasks. Deep integration with ERP and other systems of record also enables reconciliation journals to be automatically invoked for posting to underlying financial systems.
Comprehensive automation, together with workflow integration, not only reduces unnecessary manual effort but accelerates the reconciliation process and delivers greater control.
Orchestrate across ERPs, data warehouses, business applications and other automation tools like RPA. Centralize your automation to gain end-to-end control over any finance or account reconciliation process.
Redwood Finance Automation works with your existing applications to simplify financial reporting. Automate end-to-end processes across the enterprise regardless of technology or provider (SAP, Oracle and more).
Redwood is an end-to-end process management solution designed to enforce your internal controls. Enforce fine-grained data standards and access policies, including SSO/SAML 2.0+, and logically isolate different teams, departments or applications.
Many of our reconciliation processes were transformed, from tasks that took several hours to automated activities that now take just minutes. This is a significant saving for our company.
Balance sheet reconciliation tools enable users to automate and manage balance sheet and bank reconciliations. Many finance automation platforms include built-in balance sheet reconciliation that can auto-certify and even remediate sheets with too many discrepancies. See what you can achieve with Redwood.
Balance sheet reconciliation is often automated using custom scripts, home-grown software or third-party applications such as account reconciliation software. The alternative to these point solutions is a financial automation platform that readily connects to ERP, CRM and any other business application in your enterprise. This enables reliable data processing and more accurate financial reporting while eliminating errors and saving the finance department time. See what you can achieve with Redwood.
Yes, Redwood Finance Automation is a cloud-native platform that can be used to automate complex, time-consuming finance and accounting processes. Users can manage, monitor and audit every status and approval across ERPs, business applications and even Excel with ready-to-use connectors and templated processes. Automate and manage Record to Report, Order to Cash, Procure to Pay, asset accounting and more. See what you can achieve with Redwood.
Redwood Finance Automation delivers robust and dependable journal processing with automated controls that eliminate human errors and work faultlessly every time. Our automated journal processing helps companies overcome the challenges of disparate systems, missing or incomplete supporting documentation and unreliable approval processes. Eliminate time-consuming manual efforts, increase confidence and gain control over your financial processes.