Blog & Newsroom

Get yourself off the manual journal treadmill at the month-end

The month-end close is often marked by the hectic pace of completing journal entries. In the current landscape, where efficiency and accuracy are key, manual journal entries still stand out as a cumbersome challenge.  Challenges of manual journal entries The traditional approach to journal entries in the financial close process is dominated by manual processes, spreadsheets such as Excel and point solutions, which often involve different teams in preparing, approving, posting and validating entries.

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The touchless close: Transforming month-end stress into strategic success

The end of each month traditionally brings a flurry of activities to finance functions, with finance teams immersed in closing the books. This period is often characterized by long hours, meticulous data reconciliation and a frenzied rush to meet deadlines. However, with advancements in automation technology, this scenario is rapidly evolving. The concept of finance automation and the ‘Touchless Close’, a term coined by analyst firm Gartner during the pandemic, is emerging as a transformative force amongst innovative record to report (R2R) initiatives,

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Powering up the utility industry: enhancing efficiency and customer experience with SAP and Redwood

Discover how RunMyJobs by Redwood and SAP ERP systems like S/4HANA, propels utility companies into the future with automation across the entire meter-to-cash process

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Transform Record to Report: the Power of Redwood’s Touchless Close

To this day, the traditional finance function struggles with inefficiencies and a heavy reliance on manual processes, particularly during the critical period-end close. Areas that are manually heavy include areas such as accruals, provisions and reclassifications, account reconciliation and certification, journal entries and intercompany accounting. This not only hampers efficiency but also clouds the transparency so vital in month-end financial reporting. The whitepaper “Master the Touchless Close” offers a ground-breaking solution to this enduring problem.

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Would you hire this “person” to reduce your month-end close by 3 working days?

In finance, where time is of the essence, every minute counts. The month-end close is a critical process that demands precision, accuracy and efficiency. Finance teams often struggle with tight deadlines, late nights and the constant pressure to deliver results quickly with fewer resources. But what if there was a solution that could step in as your trusted ally, working tirelessly to expedite your month-end close and help you achieve more in less time? Imagine hiring a “virtual employee”

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Workflow Automation: Unleashing Efficiency & Productivity

Discover how workflow automation redefines business operations and boosts productivity without sacrificing quality. This article explores the benefits of automating processes, the tools available, and how they contribute to enhanced efficiency and accuracy.

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RISE above: How RunMyJobs mitigates – and eliminates – the many levels of enterprise risk

Discover how RunMyJobs has proven time and again that it takes unnecessary friction out of the migration process, and has grown and changed with SAP over three decades.

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Weaving the Future of Automation: The Rise of Automation Fabrics

For the last fifteen years, the enterprise software industry has revolutionized our ability to weave an interconnected and intelligent architecture that enables organizations to seamlessly connect, manage and govern their data.   As the former CEO of one of the enterprise software leaders in analytics, I had a front-row seat to this “data fabric” revolution.  While it was easy to get caught up in the marketing hype around new terms like “big data” and “predictive analytics,” the reality was that the most competitive companies in the world were increasingly differentiating their ability to serve their customers based on how well they collected,

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Automation ROI, Hyperautomation, Generative AI for Automation — What’s Coming in 2024

In the dynamic world of automation, staying one step ahead can be tricky but invaluable.  You want to ensure (as best you can) that you’re making the right moves and investments now to withstand tech developments and inevitable innovations along with your scaling business needs. Poor planning when it comes to automating your critical business processes will have your team running at a deficit, unable to keep up with workloads and working ineffectively. This will negatively impact operations,

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Workload Optimization: The Roadmap to Efficient IT Operations

In today’s digital age, businesses are searching for more efficient operations. One aspect of this is the concept of workload optimization. Redwood has been diving deep into the intricate aspects of this and similar concepts, always looking for ways to help businesses transform their operations. The Essence of Workload Optimization Workload optimization ensures the right resources are in the right place at the right time. It allows businesses to align IT resources with their evolving needs,

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Unveiling the Power of Infrastructure Automation

Infrastructure automation is reshaping the tech landscape, replacing traditional manual processes with smooth, automated workflows. Redwood is leading the way, offering innovative solutions to optimize operations and enhance functionality.Our innovative solutions streamline operations and help unleash the untapped potential within your IT environments, creating a symphony of synchronized workflows and harmonized processes, all aimed at delivering unparalleled user experiences and driving your organizational vision forward.Redwood offers a gateway to explore uncharted territories in infrastructure management, creating a future where automation is the bedrock of operational success.

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Unravelling Business Process Management: A Guided Exploration

Ah, the business process management (BPM) world is vast, intricate, and ever-evolving. It’s like walking through the magnificent Redwood forests; every step reveals something new and fascinating. Speaking of Redwood, did you know they offer some of the most advanced tools to optimize and automate business processes? But let’s not get ahead of ourselves. First, Let’s embark on a journey to understand BPM and its undeniable significance better. Why Business Process Management Matters Business process management is optimizing and managing business processes to achieve more efficient outcomes.

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Disadvantages of robotic process automation: Unmasking the hype

In the drive to modernize and optimize, businesses are increasingly turning to digital solutions. Robotic Process Automation (RPA) stands out as a transformative force, promising efficiency and streamlined operations. At Redwood, our commitment to innovation positions us uniquely in this dynamic landscape. We not only understand the immense potential of RPA but also recognize its limitations. As we guide businesses in their automation journey, our focus remains on offering tailored solutions that truly resonate with their unique needs and challenges.

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Understanding Digital Workflow Automation and Its Potential for Your Business

Discover how digital workflow automation enhances business efficiency and process optimization. This article explores the transformative power of automating workflows, offering insights into choosing the right digital workflow solutions and illustrating real-world application examples.

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The ultimate guide to task scheduler software in 2024

Discover how to select the ideal task scheduler software for enhanced efficiency in our detailed guide. Learn about key factors like integration, advanced features, and pricing, and explore how Redwood's solutions can revolutionize your task management.

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Navigating Through the Limitations of Robotic Process Automation (RPA)

Explore our guide to navigate through the challenges of Robotic Process Automation, enhancing business efficiency and scalability. This article provides an in-depth look at the limitations of RPA and how Redwood’s solutions effectively address these challenges for improved business automation.

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Unlocking the Potential of IT Operations Automation

Discover how IT operations automation can streamline workflows and enhance efficiency. This article explores the transformative power of automation in IT, highlighting cost optimization, scalability, and cybersecurity.

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The undeniable benefits of business process management services

Discover how Business Process Management Services streamline operations and improve efficiency. This article explores the benefits, features, and impact of BPM on modern business practices, offering insights and solutions for operational excellence.

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Business Process Workflow: Optimizing Business Operations for Excellence

Explore how business process workflow streamlines operations and drives excellence. Learn about workflow optimization, automation, and software solutions that elevate efficiency and productivity in any organization.

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Harness the Power of Automation Integration with RunMyJobs Connectors

In today’s fast-paced business landscape, the need for seamless integration and efficient data management has never been more critical. RunMyJobs is at the forefront of this digital revolution, providing robust connectors that effortlessly bridge the gap between diverse systems, applications and data platforms.With a growing catalog of connectors for SAP systems, Oracle systems and more, we are committed to simplifying your workload automation, making it easier, faster and more reliable than ever before.Whether you’re a long-time user or just considering RunMyJobs for your business,

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Understanding SAP BTP Job Scheduler

Learn more about how the SAP BTP Job Scheduler can transform your business operations. This article explores its role, integration, and benefits for optimizing SAP processes.

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Gartner IOCS: Taming the Complexity, Full Stack Automation for IT Leaders

At Gartner IT Infrastructure, Operations & Cloud Strategies Conference on November 20-21 in London, UK, Redwood’s SVP of Business Development and Strategy, Devin Gharibian-Saki, presented “Taming the Complexity, Full Stack Automation for IT Leaders.” At this session, attendees learned how to overcome the n-dimensional complexity created by the explosion of business applications. The answer: true end-to-end business process automation—made possible with full stack workload automation.   Attendees of Gartner IT Infrastructure, Operations & Cloud Strategies Conference on December 5-7 in Las Vegas,

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RPA vs BPA: Navigating the Landscape of Business Automation

Discover how to choose between RPA and BPA for your business automation needs. This comprehensive guide explores the differences, applications, and benefits of each technology, helping you make an informed decision for optimizing your business processes.

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Unraveling the World of Digital Process Automation (DPA)

Discover how Digital Process Automation revolutionizes business efficiency and customer experiences. This article explores the essentials of DPA, its comparison with RPA and BPM, and real-world applications.

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