Finance and accounting automation for the digital enterprise
Fully automate and optimize over 80% of manual processes related to reconciliation, close and other key finance processes.
Eliminate time-consuming data entry, spreadsheets and more
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Automate your finance department
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Orchestrate across silos
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Self-service automation solution
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Support and services
Automate your finance department
Orchestrate across ERP systems, data warehouses, business applications and other automation tools like RPA. Gain centralized control and monitoring across all financial processes.
- Record to report: Automate general ledger/subledger, intercompany financial consolidation, financial close checklist, spreadsheet reconciliation and more.
- Asset accounting: Perform asset acquisition tasks, enforce compliance, track and capitalize projects and automatically perform account reconciliation and depreciation.
Orchestrate across silos
Redwood Finance Automation works with your existing applications to automate financial reporting. Automate end-to-end processes across the enterprise regardless of technology or vendor (SAP, Oracle, Microsoft, Workday, Infor).
- Business processes: Orchestrate ERP, financial data workflows, real-time dashboards, CRM, business intelligence and more
- Managed file transfers: Move, copy and manage millions of files per month for inventory management EDI and more
- Data warehousing: Coordinate resource management applications in hybrid environments, automate virtualization and run common ETL testing and database tasks
- Hybrid IT: Coordinate finance and IT processes to ensure timely completion of key workloads, eliminating bottlenecks and workflow delays
Self-service automation solution
Redwood makes it easy for finance professionals to automate and manage processes without opening IT tickets. Quickly assemble or optimize end-to-end processes with an intuitive drag-and-drop interface.
- Run processes in response to real-time events, files, data or messages for time-critical applications
- Add customizable preconditions and branching paths based on status to build exception-handling into your processes
- Schedule across multiple time zones and daylight savings rules, create patterns from any dates or time windows or use perpetual calendars that don’t require updating
- Guarantee performance of business processes with predictive SLA monitoring, alerts and notifications through SMS, email, apps and more
Support and services
- 24×5 support: Redwood’s in-house automation experts provide 24×5 support for all issues as well as 24×7 SEV-1 support and are ready to assist and resolve issues quickly
- Migration and onboarding: Our team members ensure a smooth, safe and fast transition using a proven methodology that streamlines migration
- Consulting and services: We can help implement best practices, perform health checks and advise on how to boost your ROI
- Redwood University: Develop and extend your skills and expertise with online training that matches your role and level of experience
Digital transformation for the finance function
FAQs
What is financial accounting software?
Financial accounting software enables users to automate and manage key tasks in order to shorten accounting cycles. Accounting automation software such as Redwood improves efficiency, eliminates human error and increases reliability across accounting and finance teams, including invoicing, payments, payroll and reporting. See what you can achieve with Redwood.
How do I automate finance and accounting?
Finance and accounting is typically automated with a mix of custom scripts, in-house applications and third-party software. Redwood Finance Automation enables you to connect all tools and endpoints across the accounting department so you can easily automate and manage reliable, end-to-end processes that execute without the need for human intervention. See what you can achieve with Redwood.
Does Redwood provide finance and accounting software?
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. See what you can achieve with Redwood.
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