Finance Automation by Redwood
Finance Automation by Redwood: A broad finance automation platform for complex, SAP-centric enterprise close operations. Ranked #35 of 38 in Accounting Automation Software by our editors (5.4/10); pricing: Pricing on request; best for SAP-centric enterprise finance organizations.
At a glance
- Editor score5.4 / 10
- PricingPricing on request
- Best forSAP-centric enterprise finance organizations
- Close task managementYes
- Facts checked21 Sep 2026
Where it wins
- Automates journals, reconciliations, intercompany accounting, and accruals
- Orchestrates multi-entity close tasks with dependencies and exception workflows
- Supports SAP, Oracle, hybrid deployment, and continuous audit trails
Where it doesn't
- Pricing is quote-based rather than published by plan
- Designed for enterprise organizations rather than smaller finance teams
- Broad process coverage may exceed the needs of narrowly focused accounting teams
Our verdict on Finance Automation by Redwood
Finance Automation by Redwood is a finance-process automation platform for enterprise accounting and finance teams. It covers record-to-report work including journal creation, validation, approval, posting, and reversals; account reconciliation; intercompany matching and eliminations; accruals, provisions, and reclassifications; and close-task orchestration. Multi-entity support, dashboards, exception workflows, and time-stamped audit trails make it suited to organizations coordinating complex financial processes across entities and systems.
Pricing is quote-based, and the published plans do not present fixed plan prices. Redwood describes both cloud and on-premises deployment options, with hybrid deployment supported across enterprise environments. The product is positioned for organizations that need to coordinate dependencies across ERP systems, data sources, and business applications rather than automate a single accounting task. Its scope is therefore most relevant to enterprise finance teams evaluating a broader record-to-report program.
Integration breadth is a central part of the product. Finance Automation by Redwood connects with SAP, SAP S/4HANA Cloud, SAP ECC, SAP BTP, Oracle, other ERP systems, CRM systems, data warehouses, and RPA tools. Its workflows support rule-based approvals, exception routing, aging-based resolution, and close-status visibility, while the audit trail supports financial controls. SAP-centric enterprise organizations should consider it when they need journal, reconciliation, intercompany, and close automation in one environment. Smaller organizations or teams seeking a narrowly focused accounting utility may prefer a more limited product.
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Finance Automation by Redwood pricing
Finance Automation by Redwood fact sheet
| Free plan | Not verified |
|---|---|
| Paid from | Not verified |
| Journal entry automation | Yes |
| Reconciliation automation | Yes |
| Close task management | Yes |
| Multi-entity support | Yes |
| Audit trail | Yes |
| Deployment | Hybrid |
| Deployment | Cloud, Self-hosted |
| Platforms | Web |
| Compliance & security | SOC 2, ISO 27001 |
| Support | Docs · 24/7 |
| Built for | Enterprise (editorial estimate) |
| Integrations | 9 integrations: SAP, SAP S/4HANA Cloud, SAP ECC, SAP BTP, Oracle, ERP systems … See all → |
| Pricing | Pricing on request (source) |
| Website | redwood.com |
| Facts checked | 21 Sep 2026 |
Finance Automation by Redwood integrations
Finance Automation by Redwood lists 9 integrations on its own site.
- SAP
- SAP S/4HANA Cloud
- SAP ECC
- SAP BTP
- Oracle
- ERP systems
- CRM systems
- data warehouses
- RPA tools
See all Finance Automation by Redwood integrations →
Alternatives to Finance Automation by Redwood
- Trintech CadencyA broad close-control suite for complex, multi-entity accounting teams.8.9
- FloQastA broad close, compliance, reporting, and workflow platform for mature finance teams.8.8
- MaximaControlled accounting automation for complex, multi-entity finance operations.8.6
See all Finance Automation by Redwood alternatives →
Also Ranked In
Finance Automation by Redwood is ranked in 2 of our directories.
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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