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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 Qvalia?

Qvalia is an all-encompassing platform specifically tailored for finance teams, empowering them to streamline their workflows while retaining complete visibility over transactions and financial data. Our solutions improve both accounts receivable and accounts payable functions, featuring tools like instant spend analytics and automated accounting that drills down to the line-item level. Users can seamlessly incorporate our services, which are offered with a transaction-based pricing structure and an easy one-month cancellation option. The Qvalia Autobilling feature transforms accounts receivable by offering a B2B checkout widget for e-commerce, alongside capabilities for automated invoicing, reconciliation, and reminders. Centralize all your transaction management processes in one location to enhance efficiency. Leverage the global e-invoice network PEPPOL or send e-invoices in PDF format at no additional charge. Furthermore, our platform simplifies the administration of subscriptions and recurring billing, facilitating a smoother order-to-cash cycle and boosting B2B e-commerce sales. Begin your digital transformation journey in finance operations, ensuring that every supplier invoice is processed electronically with our PDF Converter tool. By utilizing Qvalia, your team can revolutionize its approach to managing financial data and transactions, resulting in improved efficiency and effectiveness. This transformation not only benefits internal processes but also enhances the organization’s overall financial strategy.

Media

Media

Integrations Supported

Redwood Reporting
SAP BPC

Integrations Supported

Peppol

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

€50 per month
Free Version

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
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

Qvalia

Company Location

Sweden

Company Website

qvalia.com

Categories and Features

Finance

Not specified

Financial Close

Not specified

Order-to-Cash

Not specified

Procure to Pay

Not specified

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Fraud Detection

Accounts Receivable

Billing & Invoicing
Receivables Ledger
Recurring Billing

AP Automation

Not specified

Billing and Invoicing

Billing Portal
Invoice History
Mobile Payments
Multi-Currency
Online Payments
Payment Processing
Recurring/Subscription Billing

E-Invoicing

Not specified

Order-to-Cash

Not specified

Payment Processing

Debit Card Support
Mobile Payments
Online Payments
Recurring Billing

Procure to Pay

Billing & Invoicing
Compliance Management
Financial Reporting
Order Management

Spend Analysis

Not specified

Spend Management

Multi-Currency

Vendor Management

Audit Management

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