The role of jobs-as-code in building automation fabrics
Redwood Software
by Abhijit Kakhandiki
1d ago
Enterprises today are experiencing a tech landscape that is exploding in apps cloud, AI, containerization and data. These trends are creating a tidal wave of information and complex processes spanning across vast set of systems. Automation fabrics that can reliably handle this n-dimensional complexity are critical to running business operations today. This is the only way to unleash human potential and unlock new possibilities. Redwood defines an automation fabric as an integrated system that seamlessly connects applications, processes and data, driving mission-critical business outcomes. An a ..read more
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Simplifying SAP Cloud Connector for seamless on-premise to cloud integration
Redwood Software
by Neil Krefsky
4d ago
In today’s fast-paced digital world, connectivity and seamless integration between on-premise systems and cloud applications are more than just beneficial; they’re imperative for businesses aiming to leverage the full spectrum of SAP’s capabilities, including the SAP Business Technology Platform (SAP BTP). As companies navigate their digital transformation journeys, the SAP Cloud Connector emerges as a pivotal tool, serving as the secure bridge facilitating this crucial connectivity. Understanding SAP Cloud Connector At its core, the SAP Cloud Connector acts as a gateway that ensures secure an ..read more
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Breaking the mold of manual finance: A fresh approach to accruals, provisions and reclassifications
Redwood Software
by Redwood Software
3w ago
Accruals, provisions and reclassifications represent some of the most intricate and labor-intensive components of the financial close process. In a global business environment where speed and accuracy are paramount, accruals, provisions and reclassifications are a substantial burden for finance teams, resulting in highly skilled staff being entrusted to manage these critical tasks when their time could be better applied elsewhere. Accounting automation, specifically Record to Report  Automation by Redwood, can transform these challenges into opportunities for efficiency and accuracy. The ..read more
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Get yourself off the manual journal treadmill at the month-end
Redwood Software
by Redwood Software
1M ago
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. These manual processes are laden with challenges, are error-prone and  disrupt the fi ..read more
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Powering up the utility industry: enhancing efficiency and customer experience with SAP and Redwood
Redwood Software
by Redwood Software
1M ago
In today’s rapidly evolving energy sector, utility companies are at the forefront of digital transformation. Leveraging SAP ERP, especially designed for the utilities industry, offers unparalleled opportunities to streamline business processes, enhance customer experience and drive sustainability. This shift redefines how utility companies operate and how they engage with customers and manage resources in real-time. Embracing automation with SAP for utilities At the heart of this transformation is the need for…automation across the entire meter-to-cash process. RunMyJobs by Redwood, in conjunc ..read more
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Transform Record to Report: the Power of Redwood’s Touchless Close
Redwood Software
by Ashvin Gadda
1M ago
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. The touchless close: A paradigm shi ..read more
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Would you hire this ‘person’ to reduce your month-end close by 3 working days?
Redwood Software
by Redwood Software
2M ago
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’ who could seamlessly integrate into your team, eliminate manual tasks and significantly reduce your month ..read more
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RISE above: How RunMyJobs mitigates – and eliminates – the many levels of enterprise risk
Redwood Software
by Redwood Software
2M ago
In October 2023, SAP announced a premium plus package for its RISE offering that introduced a host of new features. Now its suite of cloud solutions, infrastructure and services can deliver more sustainability insights, better equip customers to create a compliant, networked ERP and add new AI capabilities thanks to its AI co-pilot Joule. But let’s face it, RISE can’t do it all on its own. As SAP itself acknowledges, RISE and the connected S/4HANA (in its cloud, private and public cloud editions) benefit from integrations that meet enterprise demands in seamless ways. No wonder that in the sam ..read more
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Weaving the Future of Automation: The Rise of Automation Fabrics
Redwood Software
by Kevin Greene
3M ago
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 t ..read more
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Workload Optimization: The Roadmap to Efficient IT Operations
Redwood Software
by Redwood Software
3M ago
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, whether on-premises infrastructure or public cloud platforms. With real-time metrics, businesses can mon ..read more
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