Automated Accounting Software

Fully automate and optimize over 80% of repetitive tasks related to reconciliation, close and other key Finance & Automation activities.

Eliminate Manual Data Entry And Bookkeeping

Automate Anything In Finance Or Accounting
Orchestrate Across Silos
SELF-SERVICE ACCOUNTING AUTOMATION
SUPPORT AND SERVICES

Automate Anything In Finance Or Accounting

Orchestrates across ERPs, data warehouses, business applications and other automation tools like RPA. Centralize your automation to gain end-to-end control across any finance and accounting processes.

  • Record To Report: Automate general ledger, data entry, intercompany, financial close checklist, balance sheet reconciliation and more
  • Order To Cash Flow: Process email, web, phone or fax orders, automate cash allocation, and accounts receivable for accurate financial statements and forecasting
  • Procure To Pay: Handle incoming invoices, reconcile supplier and bank accounts, manage accounts payable and more
  • Asset Accounting: Perform asset acquisition tasks, enforce compliance, track and capitalize projects and automatically perform reconciliation and depreciation

Orchestrate Across Silos

Redwood Finance Automation is built to work with all your existing applications to reduce complexity and simplify financial reporting. Automate end-to-end processes seamlessly across the enterprise, regardless of technology or vendor.

  • Hybrid IT: Automate IT processes across on-premises and multi-cloud environments, OS activity and web API interactions
  • Managed File Transfers: Move, copy and manage millions of files per month for inventory management EDI and more
  • Data Warehousing: Coordinate resource management applications in hybrid environments, automate virtualization and run common ETL testing and database tasks
  • Business Processes: Orchestrate enterprise resource planning, financial data workflows, real-time dashboards, CRM and more

The single centralized Redwood platform is our ERP’s best friend because it gives us greater control over our business, speeds up our processes and improves our productivity. As a company that builds all kinds of equipment for carmakers and their cars, process optimization is part of our DNA.

Christophe MacGarry, Global Finance Transformation Director, Faurecia

Self-Service Accounting Automation

Redwood makes it easy for accounting and finance professionals to automate and manage processes without opening IT tickets. Quickly assemble or optimize end-to-end processes with an intuitive drag-and-drop interface.

  • Schedule or run processes in response to real-time events, files, data or messages for time-critical applications.
  • Add customizable preconditions and branching paths based on status to build exception-handling into your processes
  • Schedule across multiple time zones and daylight savings rules, create patterns from any dates or time windows or use perpetual calendars that don’t require updating
  • Guarantee performance of business processes with predictive SLA monitoring, alerts and notifications through SMS, email, apps and more

Support And Services

  • 24×5 Support: Redwood’s in-house automation experts provide 24×5 support for all issues as well as 24×7 SEV-1 support and are ready to assist and resolve issues quickly
  • Migration And Onboarding: Our team members ensure a smooth, safe and fast transition using a proven methodology that streamlines migration
  • Consulting And Services: We can help implement best practices, perform health checks and advise on how to boost your ROI
  • Redwood University: Develop and extend your skills and expertise with online training that matches your role and level of experience

Save Time With A Cloud Accounting Solution For The Enterprise

Frequently Asked Questions

What is an automated accounting system?

Automated accounting systems can complete most accounting tasks without the need for human intervention. Accounting teams use automated systems to collect, store, manipulate and process data or other types of information, completing financial close checklists, asset accounting and much more to help streamline and accelerate accounting cycles. See what you can achieve with Redwood.

What are automated accounting system examples?

Redwood Finance Automation is an example of an automated accounting system. With Redwood, accounting and accounting professionals can fully automate and optimize over 80% of tasks related to reconciliation, close and other key finance team activities. See what you can achieve with Redwood.

Can Redwood be used for automated accounting?

Yes, Redwood Finance Automation is a cloud-native platform that can be used to automate complex, time-consuming finance and accounting processes. Users can manage, monitor and audit every status and approval across ERPs, business applications and even Excel with ready-to-use connectors and templated processes. See what you can achieve with Redwood.

See Redwood Finance Automation In Action

Redwood Finance Automation delivers robust and dependable journal processing with automated controls that eliminate human errors and work faultlessly every time. Our automated journal processing helps companies overcome the challenges of disparate systems, missing or incomplete supporting documentation and unreliable approval processes. Eliminate time-consuming manual efforts, increase confidence and gain control over your financial processes.