See how you can achieve a fully automated R2R solution tailored to your needs

Automate Up To 90% of R2R

Maximize financial automation by streamlining the entire record to report (R2R) process, from accruals, provisions, intercompany transactions and reclassifications to journal entries, reconciliations and SAP close tasks.

Deepest & Broadest SAP Integration

Directly connect legacy SAP ECC, S/4HANA, non-SAP systems and data using pre-built connectors and 1000+ SAP templates. 

Advanced Automation in Accruals & Provisions

Transform labor-intensive aspects of the close into a streamlined, timely and compliant operation with Redwood comprehensive coverage, automating R2R tasks both inside and outside your ERP.

Trusted by leading companies

Automate over 90% of financial close tasks, ushering in a virtually touchless operation for your record-to-report process. Extending beyond traditional ERP systems, our solution handles crucial R2R tasks both within and outside SAP. Empowering finance teams with automation in key areas like accruals, provisions and reclassifications.

Extensive R2R automation beyond ERP

Automate a higher proportion of the financial close

Efficient period-end workload management

Cohesive suite of R2R solutions

Cloud and on-premises deployment

or

Accruals, Provisions & Reclassifications

Reconciliation & Certification

Journal

Entry Process

Intercompany

Automation

Close

Checklist

Address the most labor-intensive aspects of R2R process, transforming traditionally challenging tasks into streamlined and effective activities.

Speed up reconciliation and ensure compliance with an advanced system designed for precision and efficiency.

Elevate journal management with sophisticated approval workflows and audit trails, ensuring seamless, compliant recording.

Simplify complex intercompany transactions for accurate financial reporting and streamlined operations.

Transform your close checklist with a system that streamlines tasks, enhancing systematic progression and minimizing errors.

"With [Redwood R2R] automation, we reduced the time it takes every month to complete the close activities for 40 entities by 98%." Ashland eliminated an average of 21 employee days for each of the 48 processes automated.

Azhar Imam, Finance Manager & R2R Process Owner, Ashland

Record to Report by 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.

Simple, usage-based pricing

Easily scale with licensing that’s based on the number of jobs you run, not job definitions.

Industry extras included free

Connect to any service, application or server. Grow and deploy whenever you need with specialized IT and finance capabilities and an extensive library of ready-to-use integrations and pre-built processes.

Full SaaS implementation

Delivers guaranteed uptime and 24×7 support.

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.

G2 named Redwood the highest designation of Leader in the Workload Automation category for Fall 2022.

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

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.

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.

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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