ROBOFINANCE® FROM REDWOOD
Eliminate repetitive manual tasks, increase control and reduce risk
Why allow slow manual tasks to plague your financial operations, when you can remove the human latency and inherent inaccuracies through robotization? RoboFinance® delivers greater consistency and control across your finance and accounting processes, end-to-end. And we do it better than anyone else.
With our robots you don't have to start from scratch and teach them how to handle every step. They are pre-built and intelligent and have intimate process knowledge of Record to Report (R2R), Procure to Pay (P2P) and Order to Cash (O2C). We have robotized this "know-how" so our robots can just hit the ground running, unattended.
Uniquely, our RoboFinance robots automate across all business applications such as SAP®, Oracle, SalesForce, PeopleSoft and JD Edwards as well as technologies such as Excel, Mail, PDF’s, databases and others.
DO IT BETTER THAN YOU IMAGINED
Improve process efficiencies across all finance and accounting
Instead of throwing more people at finance and accounting process problems, wouldn’t it be better if you could do more with less? With RoboFinance, tasks are performed automatically by our robots in real-time, in the sub-systems, sub ledgers and the general ledger. This eliminates human latency, reduces risk and removes the exchange from one task or person in a process to the next.
An area where many are feeling the pain of having large scale manually repetitive tasks in a process is in the financial close. RoboClose®, a solution that forms part of the family of RoboFinance robots, makes the Record to Report process stress free. The robots take action, monitor activities, provide automatic audits and ensure governance, all without the need for manual intervention.
A few of our many customers
Nothing demonstrates achievement better than a project where expectations were greatly surpassed. A faster close from 15 to 3 days, 45 FTE’s freed up for more valuable work, 89% automation levels across 485,000 tasks in the global Record to Report process and ROI in less than a year. Read the Royal DSM Case Study by Professor Leslie Wilcox (London School of Economics) and Dr Mary Lacity (University of Missouri).
SEEING IS BELIEVING
Watch our videos
HOW DO ROBOTS WORK?
Before deploying them, it pays to understand the differences between Analog and Digital Robotics. See why in the video.
ROBOTS IN ACTION
Discover how they’re set up, work together, activated and maintained by users. Watch the video.
AN EXAMPLE OF ROBOFINANCE
Learn how to take the time and trouble out of the financial close by automating processes faster than thought possible.
See how a multinational electrical engineering and electronics company automated 97% of their critical financial processes.
SHELL IMPROVES THEIR CLOSE
Watch how Shell cut their global financial close by 4 days and now enjoy speed, accuracy and full visibility at every step.