Many of our reconciliation processes were transformed, from tasks that took several hours to automated activities that now take just minutes. This is a significant saving for our company.
Meet reporting deadlines and improve forecasting with accurate, timely financial information. Our automated record to report (R2R) process orchestrates all activities across the entire R2R life cycle, so you can manage and perform with confidence.
Reduce unnecessary manual work across R2R and allow your staff to focus on strategic analysis and financial planning.
Kick start your automation by choosing from a catalog of automated closing tasks. Or easily create your own.
Don’t try to eat the elephant. Start with one process and expand at your own pace: Journal Entry, Balance Sheet, Intercompany or Close Checklist.
Maximize the investment in both your ERP and other non-ERP business applications. Orchestrate across your processes to reduce the manual burden.
Easily assemble end-to-end processes with Redwood’s drag-and-drop workflow designer. Incorporate disparate tools including robotic process automation (RPA), intelligent automation, ERP and non-ERP applications through a catalog of pre-built closing cycle tasks — or build your own reusable actions.
Record to report processes in finance and accounting are used to provide information and performance reports for CFOs and leadership teams. Record to report (R2R) processes involve gathering, transforming and displaying accurate and timely information. Automation tools can help streamline and optimize R2R processes by eliminating manual inefficiencies for more accurate management reports. See what you can achieve with Redwood.
R2R processes can be improved by eliminating manual tasks associated with collecting, processing and reporting. Finance automation solutions enable users to automate across ERP and non-ERP platforms for seamless, end-to-end processes that can be fully monitored and reported on. This helps accelerate R2R processes that are more reliable than manual R2R. See what you can achieve with Redwood.
Yes, Redwood Finance Automation provides pre-built actions and integrations into major ERP solutions so finance teams can automate virtually any manual task. This includes record to report (R2R) processes, order to cash, procure to pay, accounts payable and much more. 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.