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Customer Success


Siemens

Global powerhouse in electronics transforms financial close with less effort and resources.

Overview

Siemens is a global electrical engineering and electronics company. Its 360,000 employees develop and manufacture products, design and install complex systems and projects, and tailor a wide range of services for individual requirements.

  • Preparing financial statements was a complex manual task as each close was different.
  • Siemens had 1,000 tasks in its close, 300 of these were undocumented and 680 manual.
  • Now with Redwood automation, 97% of critical processes run automatically.
  • Siemens has reduced the number of manual tasks to complete the financial close from nearly 1,000 down to just 30.

Siemens

Find out how Siemens transformed its close with Redwood’s SAP® CPS.
Read More >

Website

http://www.siemens.com

Industry

Consumer Goods

"Today, accounting works autonomously. The new system can be adapted to special needs easily. This has freed up IT to focus on optimization in other areas."

-- Beatrice Frei, Head of Accounts Payable Receivables, Siemens Switzerland AG


To find out more information contact Redwood today