Primarily, it's SAP automation. We use it to automate all our finance processes, including procure-to-pay (P2P) and order-to-cash (O2C). It integrates seamlessly with SAP, making it very efficient.
This solution comes with financial automation, but with finance, it has multiple use cases. We can use it in multiple operations, considering that SAP systems are involved. Creating automation with respect to finance, HR, and SDM is also possible. It is mentioned as a finance solution, but it is not limited to finance; you can apply it across areas where integration is possible. So, we are using it not only for finance but also for multiple applications.
The primary use case is to start with all Record to Report Processes within our FSSU, automating critical processes. This solution processes Record to Report (R2R), Order to Cash (O2C), and Procure to Pay (P2P) tasks. We started with engaging with Redwood right from Proof of Concept, Product Selection, Training, and Pilot Implementation. Redwood did an excellent job. Unlike other automation tools, Redwood has a unique space in finance automation, where standard SAP modules are used for automating every step in the process, quickly and easily. Right from identifying processes based on certain key parameters that would bring value-add, you could call it low hanging fruit. The process of selection, process analysis (documenting using SIPOC process), and then designing the solution which then went into pilot implementation and full-scale implementation of the processes, was quick and easy. Training from Redwood went a long way, as we learned to appreciate the product and its features. They were hand-holding the technical team on the pilot implementation and at every phase of the automation process. The testing and the Hypercare stages stabilized the BOT execution. Handover to the Support and Operations team was good enough for on-boarding the Operations team along with the knowledge transfer.
Learn what your peers think about Redwood Software - Finance Automation Edition. Get advice and tips from experienced pros sharing their opinions. Updated: December 2024.
The volume of repetitive, manual tasks across finance is overwhelming – every day or at the end of every month, quarter or year. Redwood’s finance automation reduces that unnecessary and time-consuming manual effort. We know because our customers tell us that our finance automation solution helps them achieve a much higher degree of back-office process automation compared with alternatives.
Primarily, it's SAP automation. We use it to automate all our finance processes, including procure-to-pay (P2P) and order-to-cash (O2C). It integrates seamlessly with SAP, making it very efficient.
This solution comes with financial automation, but with finance, it has multiple use cases. We can use it in multiple operations, considering that SAP systems are involved. Creating automation with respect to finance, HR, and SDM is also possible. It is mentioned as a finance solution, but it is not limited to finance; you can apply it across areas where integration is possible. So, we are using it not only for finance but also for multiple applications.
The primary use case is to start with all Record to Report Processes within our FSSU, automating critical processes. This solution processes Record to Report (R2R), Order to Cash (O2C), and Procure to Pay (P2P) tasks. We started with engaging with Redwood right from Proof of Concept, Product Selection, Training, and Pilot Implementation. Redwood did an excellent job. Unlike other automation tools, Redwood has a unique space in finance automation, where standard SAP modules are used for automating every step in the process, quickly and easily. Right from identifying processes based on certain key parameters that would bring value-add, you could call it low hanging fruit. The process of selection, process analysis (documenting using SIPOC process), and then designing the solution which then went into pilot implementation and full-scale implementation of the processes, was quick and easy. Training from Redwood went a long way, as we learned to appreciate the product and its features. They were hand-holding the technical team on the pilot implementation and at every phase of the automation process. The testing and the Hypercare stages stabilized the BOT execution. Handover to the Support and Operations team was good enough for on-boarding the Operations team along with the knowledge transfer.