Case Study

Fortune 500 energy company achieves end-to-end R2R automation

Fortune 500 energy company achieves end-to-end R2R automation

Redwood Software helped Energy Transfer streamline its complex finance operations by automating month-end close processes across 250 legal entities managed by 700 accountants. Their solution accelerated the close cycle, reducing the typical four-to-eight-day timeline and improving accuracy in handling thousands of journal entries, balance sheet certifications, and close tasks. Redwood’s automation enhanced efficiency, minimized manual errors, and provided better visibility into financial workflows, enabling Energy Transfer to manage its large-scale accounting requirements more effectively and support timely, confident financial reporting for this Fortune 50 energy company.

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