Organizations have achieved process efficiencies from every means possible, driving best practice, introducing shared service centers, outsourcing and various lean initiatives. However, the problem is that these all still require a great deal of manual effort. If this sounds familiar, why not improve your finance and accounting processes with RoboFinance®, where manual activities are performed by robots? They have the “know-how” to increase control, reduce risk, eliminate

constant firefighting and reduce the stress on your global processes.

With RoboFinance, robots are deployed across your finance and accounting landscape to drive the consistency and quality you need, with full control. Our robots can also work beyond your immediate finance processes from Order to Cash (RoboCash™) to Procure to Pay (RoboPurchase™) and Record to Report (RoboClose®).

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.

Many businesses fall into the trap of throwing more people at finance process problems, in key business areas, rather than eradicate the problems. This has provided some improvements, but at a price. However, these processes are still error prone and don’t deliver the gains that robotization can bring. RoboFinance allows the finance office to now realize substantial value across the entire finance and accounting ecosystem.

RoboFinance: Managed Control and Compliance Enviroment

For example, even in today’s technologically advanced finance and accounting environments, it is estimated that a finance close process can comprise as many as 2,000 steps for each legal entity. Using RoboClose, a member of the RoboFinance family, companies eliminate the need to manually perform tasks such as accruals, depreciation, credit management, invoice processing, reconciliation, as well as reporting and documentation. Our robots can perform them faster, more accurately, at a substantially lower cost and remain 100% compliant.

Within RoboFinance these tasks, and many others, are performed automatically by our robots, in real-time, in the subsystems, sub ledgers and the general ledger. Using a robot you eliminate human latency, significantly reduce risk and remove the hand-offs from one task or person in a process to the next. All of which positively impact margins and agility.

REVOLUTIONIZE THE WAY YOU WORK

OUT WITH THE OLD, IN WITH THE NEW

SHARED SERVICE CENTER

PERIOD END CLOSE

OFFICE OF FINANCE

GENERAL LEDGER

ACCOUNTRECONS

MANAGEMENTREPORTS

ACCRUALS JOURNALS

FIXED ASSETS

CAPEXAPPROVAL

ASSETCAPITALIZATION

VALUATION &DISPOSAL

DEPRECIATION

ACCOUNTS PAYABLE

PROCUREMENT INVOICERECEIPT

APPROVALS PAYMENT

ACCOUNTS RECEIVABLE

CREDIT &COLLECTION

CASHAPPLICATION

SALESINVOICE

ORDERMANAGEMENT

When it comes to RPA, it is important to understand that robotic tools come with different levels of sophistication. Unlike first generation robots that scratch the surface of automation by merely assisting manual work that’s carried out in isolation by humans on their workstations, our smart robots work behind the scenes. They systematically control processes end-to-end and manage

the interdependencies between the different process steps across the silos. They have already been trained by business experts, are smart enough to think for themselves and their breadth of automation goes deep and wide into key business tasks to automate processes across even the most complex activities and systems. For example, our smart robots are able to reduce on average 80-90% of the manual tasks that are typically involved in a financial process. Why take the risk and implement a limited solution to a global challenge? RoboFinance is the only solution that has the ability to comprehensively robotize your financial operations end-to-end; reduce risk, increase control effectiveness and shorten the close cycle.

The robots are programmed with accounting process “know-how” that makes them smart enough to perform all the required manual tasks, execute controls, complete documentation, as well as maintain and evidence the audit trail. They operate 24/7 for improved efficiencies and only require human intervention when they encounter exceptions that require an approval. Plus they’re always productive and never call in sick or take leave.

For ease of implementation and deployment, the robots are pre-configured according to leading practices based on decades of experience and trained with the specific processes following outcomes from our business discovery workshops – led by our Directors of Financial Transformation. Last but not least, RoboFinance is scalable across the global enterprise, allowing you to respond to changes as they occur for continual improvements to efficiency and profitability.

Why wait another day? Apply RoboFinance and improve the efficiency, control and consistency of any or all of your financial processes – at a much lower operational cost and risk. With RoboFinance you can achieve the

accuracy and speed that your financial activities require and increase investor and stakeholder confidence by keeping your financial processes more predictable, accurate, timely and transparent.

We help companies achieve the ‘The Robotized Enterprise™’, robotizing up to 100% of end-to-end processes across R2R, O2C, P2P, Human Capital, Supply Chain and others to improve process efficiencies and quality, while diverting resources from the back office and redirecting them to value added customer activities. Today more than 3,000

customers worldwide already work with Redwood Software to eliminate the costs, risks and wasted time of manually repetitive business process tasks.

For more information on RoboFinance please visit www.robofinance.com

TRUST ROBOFINANCE AND TRUST YOUR NUMBERS

NO TWO ROBOTIC TOOLS ARE THE SAME