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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 Fynapse?

Fynapse is Aptitude’s innovative, fully automated finance management platform designed to meet the specific needs of CFOs and finance departments. At its core, Aptitude is dedicated to enhancing the functionality of finance teams, and Fynapse has been meticulously developed by finance specialists to address these requirements. With a focus on user experience and the incorporation of the latest digital technologies, Fynapse strives to transform finance operations into more efficient, controlled, and data-driven processes. Its modular, composable architecture allows finance teams to easily integrate high-quality finance applications, paving the way for a gradual evolution of their financial systems. The platform is equipped with features that automate processes, speeding up financial closing times while maintaining compliance. Moreover, finance professionals can establish rules within a user-friendly no-code environment, fostering agility and adaptability in their workflows. Ultimately, Fynapse not only enhances the efficiency of finance operations but also equips teams with the tools needed to respond rapidly to evolving business demands, ensuring they remain competitive in a dynamic market. With its comprehensive capabilities, Fynapse positions itself as an essential ally for finance departments navigating the complexities of modern finance management.

Media

Media

Integrations Supported

Redwood Reporting
SAP BPC

Integrations Supported

Redwood Reporting
SAP BPC

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

Aptitude Software

Date Founded

2008

Company Location

United Kingdom

Company Website

www.aptitudesoftware.com/solution/fynapse/

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

Financial Management

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

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