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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 Cube?

Cube is an AI-driven platform built to transform how organizations approach financial planning and analysis. It helps finance teams eliminate data silos and gain accurate, real-time insights that improve strategic decision-making. By integrating with widely used tools like Excel, Google Sheets, Slack, and Microsoft Teams, Cube ensures a seamless user experience without forcing workflow changes. Its FP&Ai Suite introduces a collection of intelligent agents that specialize in key financial tasks such as forecasting, variance analysis, and data validation. These agents continuously work in the background, analyzing both structured and unstructured data to deliver meaningful insights. Cube allows users to interact with their data using plain English, making complex analysis more accessible and intuitive. The platform supports essential financial operations including budgeting, scenario modeling, revenue planning, and executive reporting. It also enhances productivity by automating time-consuming processes like data consolidation and reporting. With built-in security and compliance standards, Cube ensures that sensitive financial information is always protected. Organizations using Cube benefit from faster reporting cycles and improved data accuracy across teams. The platform is designed to scale for both mid-market and enterprise businesses across various industries. Ultimately, Cube empowers finance professionals to shift their focus from manual tasks to high-impact strategic work.

Media

Media

Integrations Supported

Redwood Reporting
SAP BPC
Steep

Integrations Supported

Redwood Reporting
SAP BPC
Steep

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard 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
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
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

Cube

Company Location

United States

Company Website

www.cubesoftware.com

Categories and Features

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Categories and Features

Budgeting

"What If" Scenarios
Asset Planning
Balance Sheet
Capital Asset Planning
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Project Budgeting
Run Rate Tracking
Version Control

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