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Workload Automation

Modern Automation for Utilities: How to Optimize Meter-to-Cash and Streamline Revenue Flow

As a modern utility, you face a growing number of challenges — rising consumer expectations, evolving technologies like the Internet of Things (IoT) and cloud computing, the always-growing complexities of regulatory compliance, and more. But meeting these challenges isn’t impossible. It just requires a commitment to evolve and incorporate the best automation solutions for your
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Workload Automation

Break Free from the Tyranny of Time

Clocks can keep your business ticking along in precision as it should, right? It sounds logical, but when it comes to automating business processes in your organization, the clock has significant limitations. Scheduling processes to run at certain times of the day creates a fragile, brittle system that can easily go wrong and disrupt your
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Finance Automation

Increased Tax Authority Scrutiny Puts Transfer Pricing Compliance in the Spotlight

Multinational corporations face compliance challenges in 2021 as intercompany agreements and transfer pricing come under increased scrutiny by hawkish tax authorities. The OECD estimates intra-group transfers make up more than 60% of world trade, underlining why tax authorities globally are taking greater enforcement to prevent intercompany transfer pricing being used to reduce the tax burden
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Finance Automation

How Automation and Analytics Help CFOs Rise to the Growing ESG Reporting Challenge

Environmental, social and governance (ESG) reporting is rapidly rising on the corporate agenda as investors look beyond traditional financial performance to evaluate the longer-term growth opportunities and risks for companies. According to a PwC report, institutional investors view ESG as critical to understanding the full risk profile of a company and evaluating how prepared it
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Workload Automation

Accelerating the SAP IBP Supply Chain: 60% Time Savings with Redwood Process Automation

SAP IBP (Integrated Business Planning ) is SAP’s flagship planning product for cloud-based supply chain management, providing functionality for procurement, distribution, and inventory. SAP IBP consists of several modules that work together to manage data and coordinate supply chain processes. For example, the Sales & Operations Planning (S&OP) module can generate forecasts for demand, supply, product and portfolio changes, strategic projects, and related financial impact for
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Workload Automation

The Top Considerations When Migrating Workload Automation

You understand the benefits that modern SaaS-based workload automation solution can bring to your organization, and you’re ready to move away from your existing technology. Now it’s time to think about migrating to the new solution. This process can seem daunting, especially if you have a vast inventory of processes built on various on-premises legacy
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Finance Automation

4 Benefits of Automated Rule-Based Controls for Finance and Accounting

Finance needs to perform many controls and checks as part of its accounting and reporting responsibilities, ensuring the numbers accurately reflect the reality of the business. Crucially, finance needs confidence that the figures recorded in SAP (or any other ERP system) represent what is actually happening in the business? Some examples of accounting controls performed
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Workload Automation

Is Your Automation Being Crushed by Cloned Processes?

It sounds like something out of a ‘50’s B-movie, but your business could be in danger of being crushed by clones – cloned variants of existing processes that are nearly identical. A simple task like backing up servers can lead to tens of thousands of nearly-identical cloned processes — one for each server — getting
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Finance Automation

5 Major Revenue Recognition Risks and How Finance Automation Can Help

Revenue recognition poses significant risks to organizations – when revenue has been improperly or incorrectly recognized due to error or fraud, potential penalties and reputational damage can occur. The US Securities and Exchange Commission (SEC) has detailed guidelines on revenue recognition in its Staff Accounting Bulletin No. 101. The overarching principle of these is that
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Workload Automation

Tackle Technical Debt with Redwood’s RunMyJobs

What do we mean by technical debt in the context of workload automation? It’s an accumulation of quick fix workarounds that build up as a result of the limitations of old and out-of-date legacy scheduling or workload automation tools. These workarounds are called “debt” because they’re compromises that add an ongoing and future burden to
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Finance Automation

Arla Foods Automates to Improve Consistency and Frequency of Its Energy Taxes Reconciliation

Global dairy company Arla Foods has automated the reconciliation and settlement of its energy taxes, eliminating administrative work and human error and allowing the organization to complete the process – with greater accuracy – monthly instead of annually. As part of its energy taxes reconciliation process, Arla Foods collects meter readings in Impero from its
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Finance Automation

Does Your Finance Team Have the Skills to Deliver Digital Transformation?

Digital investments top the CFO agenda for 2021, according to analyst Gartner’s survey of finance leaders. However, the analyst warns that without plugging the digital skills gap in finance, CFOs will struggle to fully benefit from these digital investments in technologies such as advanced analytics, automation and AI. According to Gartner, there are five key
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Finance Automation

Jabil Reveals 4 Benefits of Digitizing the Financial Close Process

By Redwood Software Global manufacturing services company Jabil achieved four major benefits by automating and digitizing manual tasks across its month-end close and record-to-report (R2R) process. Using Redwood’s finance automation, Jabil achieved these benefits: Time savings Standardization Data quality Reduction in potential audit fees Speaking in a recent webinar with sharedserviceslink, Scott Barone, director of
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Workload Automation

Why it’s Time to Adopt Modern Batch Processing and Workload Orchestration

If you’re still batch processing like you were five—or even two—years ago, it’s time for a change. Batch processing was designed for efficiency and convenience. It’s a method of scheduling groups of jobs (batches) to be processed at the same time – with or without human intervention. Traditionally, batch workloads have been processed during batch
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Workload Automation

The Easy Way to Bring Best-of-Breed Apps into Your Processes

As your organization advances through digital transformation, it’s only natural that you want the applications that will drive the changes and improvements to be a good fit with your organization and be the best at what they do. And, as these best-of-breed apps will be crucial to your business operations, they need to be integrated
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Workload Automation

How RunMyJobs Makes It Easy to Automate Securely

Automation reduces manual effort, increases efficiency and flexibility, and improves operations. The more systems, processes and data you orchestrate through your automation platform, the bigger the payoff. But these outcomes are only possible if the automation platform is secure. Redwood’s RunMyJobs® SaaS workload automation provides the secure automation modern enterprises need because it is built
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Workload Automation

3 Reasons “Low-Code” Automation Is On the Rise

When automating business processes for your organization, having software that is easy to implement and use will help you to get value faster. You want workload automation that allows everyone in IT to be productive quickly and to have enough confidence in the software to be able to focus on other work that adds more
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Workload Automation

Four Areas Where Automation Gives You Business Agility

Your organization needs to be agile. That means responding quickly to market changes and emerging opportunities, and developing business solutions to address them. Modern workload automation supports this business agility by enabling the business processes that make organizations more responsive to customers – both internal and external – and meet their increasing expectations around speed and reliability.
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Workload Automation

Service Orchestration and Automation Platforms (SOAPs)

What is a Service Orchestration and Automation Platform (SOAP)? Isn’t this just another name for workload automation? Not quite. According to Gartner, the term service orchestration and automation platform (SOAP) describes workload automation designed for event-driven business models and cloud infrastructure. The idea is that infrastructure and operations (I&O) leaders will drive customer-focused agility
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Workload Automation

Automation Predictions for 2021

What do your peers see in the year ahead in the world of process automation and orchestration? From conversations with IT leaders and decades of experience, Redwood shares its outlook for 2021. Cost-reduction remains a priority Regardless of the increasing demands to deliver more reliable, better customer experiences, and investment needed for digital transformation, cost-reduction will remain
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Finance Automation

Podcast: How to Ensure Accurate Multi-Level Cost and Revenue Allocations in SAP®

In this episode from our series of SAP-focused finance podcasts, we look at the challenges around cost and revenue allocation in SAP and how to tackle them. This area of finance impacts product pricing and profit margin. It includes the collection of all the multi-level direct and indirect costs that need to be allocated to
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Finance Automation

Podcast: How to Automate Controls and Validations in SAP®

In this episode from our series of SAP-focused finance podcasts, we look at how to tackle some of the issues around controls and validations for finance processes in SAP. In the podcast, technology writer and editor Andy McCue talks to finance transformation expert Adrian Li, who has more than 20 years’ experience designing, building and
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Finance Automation

Podcast: How to Achieve Touchless Batch Input Processing in SAP®

In this episode from our series of SAP-focused finance podcasts, we look at how to relieve some pain points for finance and IT around batch processing in SAP. And we discuss how automation can help tackle those problems. In the podcast, technology writer and editor Andy McCue talks to finance transformation expert Adrian Li, who
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Finance Automation

Finance IT: How to Manage Dependencies within SAP®

In this episode from our series of SAP-focused finance automation podcasts, we discuss why it’s a challenge to manage finance process dependencies in SAP and ensure tasks are completed in the correct sequence. In the podcast, writer and editor Andy McCue talks to Adrian Li, a finance transformation expert with more than 20 years’ experience
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Redwood Software Further Strengthens Security Posture By Achieving Three Prestigious Certifications
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Redwood Software Achieves Spotlight Status on SAP Store
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Redwood Software Deepens Secure File Transfer Capabilities with Release of Cerberus FTP Server 13
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