Reduce labor-intensive tasks to make or receive payments with greater accuracy and speed with Redwood’s cloud-based finance automation.
The payment process touches many departments and staff across your organization. It’s complex, highly manual and hard work to keep moving. Redwood’s procure-to-pay suite improves the pay process, allows you to move faster, reduces errors and creates a better employee experience.
Beyond ERP systems, countless add-on applications complicate the payment process. That’s why Redwood’s finance automation solution has been built to work with all your existing applications to reduce complexity. We automate the entire end-to-end process with deep functionality because you deserve simpler, consolidated procure to pay.
Redwood works seamlessly with existing applications:
OCR and Invoice Processing Applications – Supplier Statement Reconciliation – Supplier Portals – Bank Reconciliation – Grir Reconciliation – Additional Report Management Applications – and More.
Redwood automates your manual tasks to simplify the purchasing process:
Eliminate unnecessary manual effort, improve business processes and free your staff to unleash more value with Redwood’s automated procurement system. Get started with our ready-to-use process activities, or build your own custom automated processes tailored to your specific needs.
Orchestrate across ERP systems, data warehouses, business applications and other automation tools like RPA. Gain centralized control and monitoring across all financial modules and processes.
Redwood Finance Automation works with your existing applications to simplify financial reporting. Automate end-to-end processes across the enterprise regardless of technology or provider (SAP, Oracle, Microsoft, Workday, Infor).
Redwood is an end-to-end process management solution designed for security across the procurement lifecycle. Enforce fine-grained data and access policies, including SSO/SAML 2.0+, and logically isolate different teams, departments or applications.
Procure-to-pay solutions are used to automate and manage procurement processes. This can include e-invoicing, purchase orders/purchase requests, expense management, accounts payable and more. Finance automation software such as Redwood can securely connect to virtually any endpoint so that finance teams can easily gather data from disparate systems using automated processes. See what you can achieve with Redwood.
Procure-to-pay (P2P software) can automate many of the manual tasks involved in eprocurement, including merging purchasing and accounts payable, invoice processing, bank reconciliation, business spend reports and much more. Finance automation software such as Redwood can securely connect to virtually any endpoint so that finance teams can easily gather data from disparate systems using automated processes. See what you can achieve with Redwood.
Yes, Redwood Finance Automation is a procurement solution that can be used to assemble, monitor and optimize end-to-end P2P processes, including procure-to-pay, record to report, order to cash flow and asset accounting. Redwood is a cloud-native platform that can easily connect to cloud apps and legacy ERP, on-premises or cloud-based. See what you can achieve with Redwood.
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.