Redwood Software helped organizations eliminate 70-100% of manual effort in intercompany management by automating the identification, matching, and approval of intercompany balances and transactions. Their solution enhanced collaboration between counterparties by providing full visibility into balances and discrepancies, accelerating the financial close process. By streamlining the elimination of intercompany transactions, Redwood reduced errors, sped up resolution times, and improved accuracy, freeing finance teams to focus on higher-value tasks and ensuring smoother, more efficient consolidation across the enterprise.

Join for free to read