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Finance Automation by Redwood

DOCS4/5
FA5.3#52of 74
outWeb

Ranked in IT Automation Software

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About

Finance Automation by Redwood is ranked #52 of 74 in IT automation software on Inferse. It runs on Web.

Compared on IT automation software

Journal entry automation
Yesredwood.com
Reconciliation automation
Yesredwood.com
Close task management
Yesredwood.com
Multi-entity support
Yesredwood.com
Audit trail
Yesredwood.com
Deployment
hybridredwood.com

Facts

Purpose
Finance Automation by Redwood automates SAP transactions, calculations, validations, journal entries and postings across record-to-report workflows.redwood.com · 1 Oct 2026
Execution automation
The platform automates SAP data extraction, calculations, validations, journal creation and posting, matching and reconciliation, reversals, adjustments and exception handling.redwood.com · 1 Oct 2026
Close automation
Redwood says Finance Automation can automate more than 90% of close tasks.redwood.com · 1 Oct 2026
Finance processes
Record-to-report automation covers journal entries, balance sheets, expense reports, financial close checklists and intercompany eliminations.redwood.com · 1 Oct 2026
Integrations
The platform orchestrates processes across ERP systems, data warehouses, business applications and reporting software including SAP, Oracle, Microsoft, Workday and Infor.redwood.com · 1 Oct 2026
SAP support
Finance Automation supports SAP S/4HANA Cloud and on-premise, SAP ECC and SAP Business Technology Platform.redwood.com · 1 Oct 2026
SaaS delivery
Redwood describes Finance Automation as a SaaS solution for automating complex finance and accounting processes.redwood.com · 1 Oct 2026
Monitoring
The product provides built-in business process management, dashboards and monitoring visibility for automated finance processes.redwood.com · 1 Oct 2026
Audit controls
Finance Automation captures every action automatically with full process-level logging.redwood.com · 1 Oct 2026
Security certifications
Redwood reports SOC 1 Type II, SOC 2 Type II, ISO/IEC 27001:2022, CSA STAR Level 1, TX-RAMP Level 1 and CSA STAR Level 2 certifications; CSA STAR Level 2 covers Finance Automation.redwood.com · 1 Oct 2026
Support
Redwood states that its full SaaS implementation delivers guaranteed uptime and 24×7 support.redwood.com · 1 Oct 2026
Target customers
Redwood says enterprises in industries including manufacturing, utilities, retail, biotech, healthcare, banking and aerospace rely on its automation solutions.redwood.com · 1 Oct 2026

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Where it ranks on Inferse

Sources