Eliminate manual processes and orchestrate your finance and accounting processes like record to report with cloud-based Finance Automation by Redwood Software.
The volume of repetitive, manual tasks across finance is overwhelming – every day or at the end of every month, quarter or year. Redwood’s finance automation reduces that unnecessary and time-consuming manual effort. We know because our customers tell us that our finance automation solution helps them achieve a much higher degree of back-office process automation than alternatives.
Close your books faster and more accurately — without the stress and manual effort.
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Expedite reconciliation with precision, efficiency and visibility.
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Automate approval workflows and audit trails for seamless, compliant recording.
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Simplify complex intercompany transactions to achieve accurate financial reporting.
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Address the most labor-intensive part of R2R — standardize and save time.
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Streamline processes to plan, create and track assets quickly and confidently.
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Finance Automation’s capabilities orchestrates financial and accounting operations by automating tasks like data entry and report generation. Its integration with SAP and other ERP systems, improves data accuracy and reduces manual errors. The solution accelerates financial close cycles and strengthens compliance. It also delivers real-time insights and supports flexible R2R transformations.
Finance teams spend too much time on control and production at the expense of analysis.
Redwood’s cloud-based finance process automation inverts that. Automation takes care of the manual control and production aspects, frees your finance team to devote more time to analysis and provides the essential insights that improve decision-making and business performance.
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Redwood helps you intelligently design and automate your financial processes. Our catalog of ready-made financial tasks allows your finance teams to get started quickly and easily, linking dependent tasks together without specialized IT training. Redwood’s automation understands your finance systems and wider systems and applications, using the table structures in your ERP, your data and metadata to mimic your processes quickly.
Link and easily assemble thousands of processes using our orchestration engine. We help stitch your processes together, seamlessly connecting process elements with human approvals and review cycles where required. Automatically write results to and from your underlying financial systems and easily clone and edit entire processes.
Kickstart your processes without the need for human intervention, and allow them to continue until complete with our “lights-out processing” – the ultimate level of automation. Your finance teams are always in control and can intervene wherever necessary. Dashboards keep track of tasks, activities and bottlenecks so you can identify further process improvements during each successive run.
Get greater reliability and control with fully supported and maintained connections to your core applications and systems.
Process development is quicker and easier than ever with our growing catalog of pre-automated tasks.
Easily manage and coordinate complex processes and automate their interdependencies without manual intervention.
Let our experts help you assess and select processes to develop and support your automation improvements.
Scale your automated processes easily and rapidly while containing the traditionally associated costs.
Our catalog of pre-automated tasks works with any ERP system and many other business applications.
Empower and inform business users with built-in business process management and clear dashboards.
Every step is fully logged and auditable at the process level without manual intervention.
Orchestrate across SAP ERPs, data warehouses, business applications and other automation tools like robotic process automation (RPA). Centralize your automation to gain end-to-end control over any finance or account reconciliation process.
Finance Automation by Redwood works with your existing applications to automate financial reporting. Automate end-to-end processes across the enterprise regardless of technology or provider (SAP, Oracle and more).
Orchestrate ERP systems, supply chain workflows, data entry, procurement software, purchase-to-pay and more.
Securely move, copy and manage files such as bank statements across unsecured networks and external endpoints.
Manage data from any source, including CRM, ETL, cloud-native databases, artificial intelligence, machine learning and more.
Connect finance and IT processes to ensure successful workloads and eliminate bottlenecks and delays with real-time resource management.
Finance Automation strengthens internal controls with secure, compliant and policy-driven automation.
Transform your finance and accounting processes with Redwood’s innovative approach to finance automation and orchestration. Let our team show you why thousands of leading organizations worldwide rely on Redwood to help them excel in the digital age.
Redwood helps you regain control with comprehensive finance automation that removes unnecessary manual work. We also use the native capabilities of the most popular ERP and financial management solutions so you can manage and perform tasks automatically.
Financial automation employs advanced tech like bots and RPA to streamline accounts receivable, bookkeeping and invoice processing tasks. It aids CFOs and finance pros in budgeting, forecasting and expense management, integrating with existing apps for seamless operations.
Finance Automation by Redwood integrates with ERP, CRM, legacy data centers and cloud-native applications, so you can easily gather and manage financial data without manual intervention.
Read the CIO’s guide to finance automation to understand why it matters.
Automating a finance department involves leveraging cutting-edge automation technology to streamline various financial processes efficiently. Finance leaders and professionals can employ RPA to automate tasks such as processing expense reports, managing purchase orders and managing payable operations. By integrating automation tools with existing interfaces and systems, teams can ensure seamless data exchange and reporting to enhance overall efficiency. Automation facilitates real-time cash flow monitoring, pricing strategies and profitability, enabling proactive decision-making and resource allocation.
Discover what happens when you automate the finance department.
Yes, Finance Automation by Redwood automates and manages processes across business, finance and accounting functions. Non-IT employees can easily assemble and optimize automated processes that manage data and dependencies between disparate systems and business applications. Redwood provides complete visibility into tasks to support tight collaboration among stakeholders, plus full audit trails and reporting to help meet compliance requirements.