Finance And Accounting Automation For The Digital Enterprise

Fully automate and optimize over 80% of manual processes related to reconciliation, close and other key finance processes.

Eliminate Time-Consuming Data Entry, Spreadsheets And More

AUTOMATE YOUR FINANCE DEPARTMENT
ORCHESTRATE ACROSS SILOS
SELF-SERVICE AUTOMATION SOLUTION
SUPPORT AND SERVICES

Automate Your Finance Department

Orchestrate across ERP systems, data warehouses, business applications and other automation tools like RPA. Gain centralized control and monitoring across all financial processes.

  • Record To Report: Automate general ledger (journal entries), data entry, expense reports, financial close checklist, account 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 invoice processing and purchase orders, reconcile supplier and bank accounts, manage accounts payable and more
  • Asset Accounting: Automate asset acquisition, reconciliation and depreciation and more for accurate, reliable decision making

Orchestrate Across Silos

Redwood Finance Automation works with your existing applications to simplify financial reporting. Automate end-to-end processes across the enterprise regardless of technology or vendor (SAP, Oracle, Microsoft, Workday, Infor).

  • Business Processes: Orchestrate ERP, financial data workflows, real-time dashboards, CRM, business intelligence and more
  • 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
  • Hybrid IT: Coordinate finance and IT processes to ensure timely completion of key workloads, eliminating bottlenecks and workflow delays

Working with Redwood, we knew we could quickly transform the financial close at BG Group – we just had to show BG what was possible.

Simon Burnett, Accenture UK

Self-Service Automation Solution

Redwood makes it easy for 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.

  • 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

Digital Transformation For The Finance Function

Frequently Asked Questions

What is financial accounting software?

Financial accounting software enables users to automate and manage key tasks in order to shorten accounting cycles. Accounting automation software such as Redwood improves efficiency, eliminates human error and increases reliability across accounting and finance teams, including invoicing, payments, payroll and reporting. See what you can achieve with Redwood.

How do I automate finance and accounting?

Finance and accounting is typically automated with a mix of custom scripts, in-house applications and third-party software. Redwood Finance Automation enables you to connect all tools and endpoints across the accounting department so you can easily automate and manage reliable, end-to-end processes that execute without the need for human intervention. See what you can achieve with Redwood.

Does Redwood provide finance and accounting software?

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.