Robot with little robot hovering
A ROBOTIC SOLUTION
THAT HAS A HEAD FOR FIGURES
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ROBOFINANCE® FROM REDWOOD

Eliminate repetitive manual tasks, increase control and reduce risk

Why allow slow manual tasks to plague your financial operations, when you can remove the human latency and inherent inaccuracies through robotization? RoboFinance® robots deliver greater consistency and control across your finance and accounting processes, end-to-end. And we do it better than anyone else.

With our robots you don't have to start from scratch and teach them how to handle every step. They have intimate process knowledge of Record to Report (R2R), Procure to Pay (P2P) and Order to Cash (O2C). We have robotized this "know-how" so our robots can just get on with things, unattended.

Uniquely, our RoboFinance robots automate across all business applications such as SAP®, Oracle, SalesForce, PeopleSoft and JD Edwards as well as technologies such as Excel, Mail, PDF’s, databases and others.

FTE CAPACITY RELEASE
Unparalleled level of Full Time Employee capacity release
ERP INTEGRATION
Complete integration with your core ERP and sub systems
FINANCIAL KNOW HOW
Financial process knowledge built into robots at the outset
HIGHEST AUTOMATION
Highest automation levels of between 70-100% guaranteed

DO IT BETTER THAN YOU IMAGINED

Improve process efficiencies across all finance and accounting

Instead of throwing more people at finance and accounting process problems, wouldn’t it be nice if you could do more with less? With RoboFinance, tasks are performed automatically by our robots in real-time, in the sub-systems, sub ledgers and the general ledger. This eliminates human latency, reduces risk and removes the exchange from one task or person in a process to the next.

An area where many are feeling the pain of having large scale manually repetitive tasks in a process is in the financial close. RoboClose®, a solution that forms part of the family of RoboFinance robots, makes the Record to Report process stress free by making it hands free. The robots take action, monitor activities, provide automatic audits and ensure governance, all by themselves.

The Redwood advantage is that everything is controlled by business rules. It’s process automation, not screen automation. With screen automation you’ll probably wind up having more problems that erode into your savings because you have huge maintenance on your hands. *
Theo de Haas, Enterprise Information Director for FSS, Royal DSM
*Source: Paper 16/02, Robotizing Global Financial Shared Services at Royal DSM

CUSTOMERS

A few of our many customers

ROYAL DSM

Nothing shouts achievement better than a project where expectations were greatly surpassed. A faster close from 15 to 3 days, 45 FTE’s freed up for more valuable work, 89% automation levels across 485,000 tasks in the global Record to Report process and ROI in less than a year. Read the Royal DSM Case Study by Professor Leslie Wilcox (London School of Economics) and Dr Mary Lacity (University of Missouri).

BG Group logo
Arla logo
DSM logo
Genentech logo
Our robots are scalable without adding technical and desktop resources
We build and support process robots so you don’t have to
You get to talk to finance people who know how processes work

SEEING IS BELIEVING

Watch our videos

HOW DO ROBOTS WORK?

Before deploying them, it pays to understand the differences between Analog and Digital Robotics. See why in the video.

ROBOTS IN ACTION

Discover how they’re set up, work together, activated and maintained by users. Watch the video.

WHAT IS ROBOCLOSE?

Discover how to take the time and trouble out of your financial close by automating processes faster than you thought possible.

97% AUTOMATION

See how a multinational electrical engineering and electronics company automated 97% of their critical financial close processes.

SHELL IMPROVES THEIR CLOSE

Watch how Shell cut their global financial close by 4 days and now enjoy speed, accuracy and full visibility at every step.

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If you wish to speak to a representative about Redwood, please feel free to call us at your nearest Redwood office location »