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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 Lojycal?

Lojycal introduces a groundbreaking Digital Operations Workstation (DOW) that harmonizes IT, HR, finance, procurement, and compliance into a unified multi-tenant system. Instead of treating hardware, software, identities, assets, contracts, and financial documents as separate components, Lojycal consolidates them into a cohesive operational model. A laptop, for instance, should not exist as a solitary item; instead, its acquisition process, delivery, software configurations, identity information, financial details, compliance records, ownership history, and audit trails should all be interconnected. All workflows—from onboarding and offboarding to asset management, procurement, contract renewals, vendor interactions, and operational risk assessments—are based on a singular, interconnected record. Crafted by an IT expert for fellow operators, Lojycal effortlessly integrates with pre-existing identity, MDM, finance, HR, ticketing, and SaaS solutions, acting as the operational layer that brings these systems together. This forward-thinking strategy guarantees that organizations function with improved efficiency and transparency. With Lojycal, businesses can leverage a single workspace, maintain one operational record, rely on one source of truth, and visualize everything through one operational graph, thereby enhancing collaboration and decision-making across teams.

Media

Media

Integrations Supported

1Password
Amazon Web Services (AWS)
BambooHR
Bitwarden
Box
Datadog
Google Cloud Assured Workloads
Google Drive
Jamf Pro
Jira
Microsoft Intune
Microsoft Sentinel
Microsoft Teams
NetSuite
Personio
QuickBooks Enterprise
SAP BPC
ServiceNow
Splunk Enterprise
Zendesk

Integrations Supported

1Password
Amazon Web Services (AWS)
BambooHR
Bitwarden
Box
Datadog
Google Cloud Assured Workloads
Google Drive
Jamf Pro
Jira
Microsoft Intune
Microsoft Sentinel
Microsoft Teams
NetSuite
Personio
QuickBooks Enterprise
SAP BPC
ServiceNow
Splunk Enterprise
Zendesk

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

$8.10
Free Version
Free Trial Offered?

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

Lojycal

Date Founded

2026

Company Location

Germany

Company Website

www.lojycal.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

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