- Automate reconciliation with rules-based auto-certification at the balance level
- Improve visibility and identify bottlenecks with fully auditable automation
- Reduce the work of manual preparers by 70%
Why balance sheet reconciliation is inefficient and error-prone
ELIMINATE THE MANUAL BALANCE SHEET RECONCILIATION BURDEN
3 STEPS TO AUTOMATE RECONCILIATIONS FOR A FASTER CLOSE
CLOUD-BASED AUTOMATED RECONCILIATION AND CERTIFICATION
Balance sheet reconciliation is a critical finance process but typically requires hundreds of man hours across the entire record-to-report (R2R) function. Auto-certify up to 80% of your balance sheet accounts and plug the ‘automation gap’ that leaves your people bogged down in manual work.
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.
AUTOMATE YOUR RECONCILIATION, DON’T JUST MANAGE IT
SaaS-based finance automation from Redwood orchestrates and performs the work, so you always achieve accurate and timely reconciliation and certification.