SOURCE: Redwood Software

Redwood Software, Enterprise Process Management

April 05, 2011 10:00 ET

Redwood Announces Financial Close Benchmark Assessment Tool

Confidentially Evaluate Your Financial Close in Less Than Five Minutes -- for Free

HOUTEN, NETHERLANDS--(Marketwire - April 5, 2011) - Redwood Software announced the availability of their online Financial Close Benchmark Assessment Tool. Visitors who complete the five-minute, ten-question assessment receive a complimentary, personalized Benchmark Assessment Report that helps them rate their financial performance against the best practices of top financial closers and map their own route to a faster, more efficient and more accurate financial close.

The financial close process remains one of the most manually challenging aspects of finance. Developed by a panel of financial and process automation experts, Redwood's Financial Close Benchmark Assessment Tool can help anyone involved in the financial close drive better processes, better technology and a faster close.

Redwood Software offers automation solutions for every business process in your enterprise. Redwood technology streamlines period-end processes and enables tight financial user control to significantly reduce the number of days to close the books while maintaining the highest degree of accuracy and compliance in financial reporting.

"We believe that visitors will find this tool valuable as a starting point to clearly identify the current state of their financial close process," explains Peter Minck, VP of Business Development at Redwood. "Gaining control of the close is one of the last frontiers of business process optimization, and one of the most important ways that companies can reduce significant financial compliance risks."

In many corporations, this function still depends on large teams of people pouring over spreadsheets, tying together scores of handwritten notes, ad hoc reports and other information that is definitely not ready for public disclosure. Redwood's financial close solution frees these valuable resources to focus on critical financial analyses and recommendations.

Take Redwood's Financial Close Assessment yourself at: www.redwood.com/financial-close assessment/

See the original release at: www.redwood.com/financial-closing-benchmark-tool PR/

About Redwood Software
Redwood Software helps customers compete and win in today's business environment through best-in-class business and IT automation solutions, products and services. We help businesses automate what matters most -- to improve reliability, speed, efficiency and compliance. Redwood is the trusted automation expert to thousands of customers worldwide and drives agility and unparalleled competitive advantage through specific process automation solutions while helping to maximize the value of existing information management and technology investments.

Redwood, Cronacle and Cronacle Mobile are trademarks or registered trademarks of Redwood Software. All other products or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Contact Information

  • Contact Redwood Software:

    Global
    Patricia Kelly
    Director of Analyst and Public Relations
    +1 248 628 3563
    pat.kelly@redwood.com

    European Regional
    Sheila Badoux
    EMEA Marketing Communications
    +31 30 635 4555
    pr@redwood.com

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