Financial Process Automation™ by Redwood Showcased at SAPPHIRE® 2009 Orlando


Published: 6 May 09

Redwood Offers Automation Solutions to Optimize Financial Close Processes

Visit Redwood Software at SAPPHIRE 2009 Orlando, Booth 305

Redwood Software is featuring Financial Process Automation™ and the SAP® Central Process Scheduling application by Redwood in booth 305 at SAPPHIRE® 2009 Orlando. The conference runs May 11 - 14 at the Orange County Convention Center in Orlando, Florida.

Given the increased importance placed on accuracy and compliance in financial reporting, organizations are now searching for methods to automate their financial processes.  Financial Process Automation (FPA) solutions from Redwood help businesses to gain practical efficiencies and improved performance through a higher degree of control over financial processes.

With Redwood FPA, customers using SAP® solutions can now benefit from Redwood’s technology, knowledge and experience automating both SAP and non-SAP financial processes. In particular the period-end close offers numerous opportunities to obtain value through Redwood’s professional services and tools for automating financial processes.  Redwood FPA provides value through customized solutions for report validation, where targeted reports are electronically scanned to flag value exceptions automatically, thereby eliminating most of the manual effort required to review and validate reports during each period end.  And the FPA report archive provides a centralized location for all reports related to the period-end close. Reports generated before and during the close can be stored along with information documenting the process in a secure, online archive.

Also being featured at the Redwood booth is SAP Central Process Scheduling, which provides a central point of control for job scheduling and process automation across SAP solutions and non-SAP systems.  SAP Central Process Scheduling also serves as the automation platform for Financial Process Automation. It is currently the only enterprise job scheduling solution sold and supported by SAP.  By managing and monitoring underlying processes, SAP Central Process Scheduling provides new levels of management and control for a growing number of SAP business solutions, including the SAP Solution Manager application management solution and the SAP NetWeaver® Business Warehouse (SAP NetWeaver BW) component.

For a more detailed look at Redwood Financial Process Automation solutions, visit the Financial Processs Automation Page, and for a more detailed look at SAP Central Process Scheduling, visit the SAP Central Process Scheduling Page.

About Redwood Software

Redwood Software’s financial process automation, job scheduling and report distribution solutions enable organizations to maximize the agility and value of their IT infrastructure and information resources. With more than 3,200 customer installations, Redwood solutions are supported worldwide by Redwood and its alliances, including its partnership with SAP AG.  Learn more at http://www.redwood.com.

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Redwood, Cronacle and Cronacle Mobile are trademarks or registered trademarks of Redwood Software in the U.S. and other countries. Apple, iPhone and iPod touch are trademarks or registered trademarks of Apple Inc. in the U.S. and other countries. SAP is a registered trademark of SAP AG in Germany and in several other countries. All other products or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

For more information, please visit our website at www.redwood.com.

© Redwood Software 2009.

Contact Redwood Software:


Global
Patricia Kelly
Director of Analyst and Public Relations
+1 248 628 3563
pr@redwood.com

Europe
Sheila Badoux
Marketing Communications
+31 30 635 4555
pr@redwood.com