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Redwood Software

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574 reviews
  • 7 profiles
  • 10 categories
Average star rating
4.6
Serving customers since
1993

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Balance Sheet Reconciliation

0 reviews

Redwood's Balance Sheet Reconciliation solution streamlines the process of verifying and certifying balance sheet accounts by automating data retrieval, evaluation, and approval workflows. This automation reduces manual effort, enhances accuracy, and ensures compliance with financial regulations. Key Features and Functionality: - Automated Data Retrieval: Seamlessly extracts balance-level and line item-level information from ERP systems in real-time, ensuring up-to-date data for reconciliation. - Certification Rules: Applies predefined evaluation rules to automatically certify accounts and line items, achieving an average auto-certification rate of 95%. - Workflow Management: Facilitates structured workflows by routing reconciliations to preparers and approvers, with clear notifications and access to reconciliation forms. - Audit Trails: Maintains comprehensive records of all reconciliation activities, supporting transparency and compliance with standards like GAAP and IFRS. - User-Friendly Interface: Provides an intuitive Account Reconciliation Workbench for monitoring and managing reconciliation processes efficiently. Primary Value and User Benefits: By automating the balance sheet reconciliation process, Redwood's solution significantly reduces manual tasks, minimizes human errors, and accelerates financial close cycles. This leads to improved accuracy in financial reporting, enhanced compliance with regulatory requirements, and allows finance teams to focus on strategic activities rather than routine reconciliations.

Profile Name

Star Rating

445
123
2
3
1

Redwood Software Reviews

Review Filters
Profile Name
Star Rating
445
123
2
3
1
Verified User in Human Resources
AH
Verified User in Human Resources
01/16/2026
Validated Reviewer
Verified Current User
Review source: Organic

TIDAL Automation at Hays

Has a seamless adapter for PeopleSoft that allows easy integration without too much complexity
Verified User in Manufacturing
AM
Verified User in Manufacturing
01/16/2026
Validated Reviewer
Review source: Organic
David Y.
DY
David Y.
01/15/2026
Validated Reviewer
Verified Current User
Review source: Organic Review from User Profile
Incentivized Review

Excellent Multi platform scheduling

Multi platform scheduling across SAP, Windows, Azure

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HQ Location:
Frisco, US

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@RedwoodSoftware

What is Redwood Software?

Redwood Software is the leader in full stack automation for mission-critical business processes. With the first SaaS-based composable automation platform specifically built for ERP, we believe in the transformative power of automation. Our...

Details

Year Founded
1993