Achieve Efficiency and Cost Savings with Redwood Finance Automation

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Fully Automate Your Most Complex Finance and Accounting Processes

Automate and optimize 80%+ of repetitive, manual tasks related to reconciliation, close, and other key F&A activities


Achieve Higher Accuracy with Less Manual Intervention

Eliminate human errors in preparation work, empowering your team to focus on analysis and value-added activities


Gain Complete Transparency from a Single Solution
Manage, monitor, and audit every status and approval across ERPs, business applications, and even Excel with ready-to-implement connectors and processes

SAP Partner Of Choice Redwood is SAP’s recommended partner for any finance automation implementations

End-To-End Finance Automation In The Cloud

Redwood’s cloud-native finance automation solution orchestrates across ERPs, data warehouses, business applications and other automation tools like RPA. Our low-code automation platform is at the core of critical finance and accounting operations such as reconciliation, financial close, order-to-cash, billing, reporting, and more. Develop automation rapidly with reusable process steps, sequences, calendars and other elements across business processes.


Reduce manual effort and give your organization better operational visibility and control, greater accuracy, and higher performance in modern hybrid IT environments with a single solution through Redwood.

End-to-End

Automation


Automate finance processes across ERP instances and business applications, included without additional licensing

Future-Proof

Approach


Eliminate the complexity, costs and endless maintenance lifecycle of point solutions

Build

Once


Achieve value-added finance transformation today, then expand the impact across the office of the CFO

Enterprise

Driven


Protect your processes and data through full encryption and a security-first, single-tenant design

Increase Speed, Accuracy and Visibility

Unify process orchestration and execution

Redwood automates by simultaneously managing complex finance and accounting processes across legacy and cloud applications while executing ground-level tasks. Lower TCO and higher ROI is delivered through a single SaaS instance that governs global processes, including approvals and record-keeping.

Use Cases

Hybrid Cloud Automation

Seamlessly automate and orchestrate on-premises and cloud ERP instances and applications, with business logic that links critical ERP transactions and ensures data integrity

Record to Report

Make your period-end Close a non-event and better leverage your ERP and application investments while freeing your team to concentrate on value-added work.

Journal Entry

Automate the month-end journal process end-to-end, addressing up to 100% of closing journals related to provisions, accruals and reserves.

Intercompany

Facilitates and manages intercompany trading from agreement to execution and posting, removing the need for labor-intensive reconciliations.

Balance Sheet Reconciliation

Auto-certify up to 80% of your accounts while gaining confidence in your numbers and improving visibility for all stakeholders.

Financial Close Checklist

Automatically assemble, execute, and keep track of your period-end close tasks and eliminate inefficient manual tracking.

Order to Cash

Reduce cycle times and Days Sales Outstanding (DSOs) through automated processing of billing, cash allocation, and collection.

Procure to Pay

Process payments faster and with greater accuracy, all while enabling your team to spend more time serving customers and vendors.

Asset Accounting

Unify planning, compliance, and tracking in one automated solution that connects disparate ERPs and applications, including reconciliation and deprecation.

Recognized innovator in Finance Automation

G2 Leader

G2 named Redwood the highest designation of Leader in the Workload Automation category for Spring 2021

"Redwood Software is worth a good look for any serious finance and administration operation looking to automate tasks."

Features

Single SaaS Instance

Enterprise Scalability

Run global finance and accounting processes in a single SaaS environment, eliminating server and virtual machine infrastructure

Automate processes end-to-end instead of addressing individual steps, and run processes concurrently to meet critical timelines

Pre-Built Components and Standard Connectors

Monitoring and Reporting

Build reusable processes using low code/no-code components and standard connectors provided by Redwood – or design your own approach

Real-time status overviews, dashboards and visual progress of every finance and accounting process end-to-end in a single pane of glass, plus an integrated report builder

Self-Healing

Predictive SLA Monitoring

Make finance and accounting processes resilient with intelligent conditional logic that prevents errors or resolves them automatically

Guarantee performance of critical processes with built-in predictive SLA monitoring

Automated Lifecycle Management

Event-Driven Triggers

Integrated source control, rollback and audit trails enable complete lifecycle management of your processes

Schedule or run processes in response to real-time events, transactions, data or messages from time-critical applications

Security

Governance and Compliance

Comprehensive security including TLS 1.2+ encryption, ISO 27001 certification, integrated SSO/SAML authentication, and highly-granular user permissions

All automation and user activity is logged to ensure compliance with governance and auditing policies

"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."

Brian Thomsen, Finance Director, Arla Foods

Support &  Services

Scale on Demand


All capabilities and application connectors are included with simple pay-for-what-you-use pricing plans.

Finance Process

Expertise


We can help assess and select processes to automate, implement best practices, perform health checks, and advise on how to get more value from our solution.

24x7 In-House Support


Redwood’s in-house automation experts provide enterprise-grade, follow-the-sun support and are ready to assist and resolve issues quickly.

Migration and Onboarding


Our team ensures a smooth, safe and fast transition to Redwood and a proven methodology that streamlines migration.

Your headline

See Redwood Finance Automation in Action

Transform your finance and accounting processes with Redwood’s innovative approach to finance automation and orchestration. Enable your teams to work seamlessly across the modern hybrid, digital enterprise, improving critical metrics such as time to close, cash flow, and accuracy while reducing costs. Let our team show you why thousands of leading organizations worldwide rely on Redwood to help them excel in the digital age.

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