Published: Dec 13, 2022

Finance Automation of Record-to-Report: What are the Alternatives for GBS and SSCs?


The financial close is repetitive and complex. It often spans multiple geographies and departments, requires many levels of approvals and controls, and can include as many as six to seven hundred processes with hundreds of sub-processes embedded in each. Despite organisations implementing financial point solutions and RPA or generic process automation tools, many finance professionals in SSCs are still undertaking these manual tasks on a monthly basis and the fundamental problems still persist.

This interactive session will challenge the “status quo” and look at Finance Digital transformation of the close over the next 2 years.

Discover how period end Close can be a non-event.

Shak Akhtar, SVP Finance Automation, REDWOOD SOFTWARE
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