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What is Record-to-Report Automation by Redwood?

Every day, every quarter, and every year, the finance sector faces numerous tedious and repetitive manual tasks. Redwood's Finance Automation solutions leverage advanced automation technology on an industrial scale. This innovative technology empowers business users to create, implement, and manage transformative financial processes seamlessly. By utilizing Redwood Finance Automation, organizations enhance their efficiency, governance, and transparency in financial operations. Consequently, finance professionals can shift their focus from merely gathering data to extracting valuable insights from corporate reporting information. These solutions effectively underpin four essential pillars of finance processes: record to report, order to cash, procure to pay, and asset accounting. We provide automated solutions for the record to report pillar, which includes close checklists, reconciliations, journal entries, and intercompany transactions. Remarkably, Redwood can automate up to 85% of finance tasks that were previously executed manually, allowing organizations to operate more efficiently and with greater accuracy. This shift not only reduces workload but also enables finance teams to contribute more strategically to their businesses.

What is ClearProcess?

The ClearProcess editor incorporates various APIs that enable automation, which can span from straightforward tasks to extensive business processes involving numerous activities. These automations can be triggered by a variety of inputs, including human operators, voice commands, text messages, emails, and several other methods. By serving as a centralized platform for all automation technologies, ClearProcess facilitates the orchestration of substantial automation efforts that lead to impressive productivity gains. To maintain the integrity of your automations during upgrades, it is essential to avoid using screen-scraping techniques. Our strategy emphasizes automation on both the API and database levels, which allows operations to scale effectively for hundreds of thousands of users engaged in critical business processes. ClearWork enhances user interaction by supporting Attended RPA for all bots within the ClearProcess environment. By merging data and functionalities from different systems, organizations can create a single source of truth. Furthermore, we offer an extensive array of pre-built automation solutions specifically designed for SAP, Salesforce, Oracle E-Business Suite, PeopleSoft, and many other packaged software platforms, which significantly speeds up the implementation process and boosts overall efficiency. With this vast library at their disposal, organizations can swiftly embrace automation without the need to develop solutions from the ground up, ensuring that they remain competitive in a rapidly evolving market. This capability empowers businesses to streamline their operations and respond more agilely to changing demands.

Media

Media

Integrations Supported

Redwood Reporting
SAP BPC

Integrations Supported

Amazon Web Services (AWS)
Automation Anywhere
Five9
Microsoft Excel
MuleSoft Anypoint Platform
Oracle E-Business Suite
Oracle PeopleSoft
Pega CRM
SAP Cloud Platform
SQL Server
Salesforce
SnapLogic
UiPath
Workday Extend
Zoho CRM

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows
Linux

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
On-Site Training

Company Facts

Organization Name

Redwood Software

Date Founded

1992

Company Location

United States

Company Website

www.redwood.com/solutions/finance-automation/record-to-report/

Company Facts

Organization Name

ClearProcess

Date Founded

2012

Company Location

United States

Company Website

clearsoftware.com/products/clearprocess/

Categories and Features

Finance

Not specified

Financial Close

Not specified

Order-to-Cash

Not specified

Procure to Pay

Not specified

Categories and Features

iPaaS

Not specified

Procure to Pay

Not specified

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