FP&A team makes better financial decisions and cuts time to close in half.

“Workday has given us this opportunity to be successful.”—CIO/CISO

Reduced time to close by 50%

Increased ability to control spending

Enhanced decision-making

With a belief that anything that can be automated should be automated, it’s clear that Redwood Software is a company focused on innovation and solutions. Prior to Workday, it was challenging for teams to share a quarterly financial statement due to the reliance on multiple tools and processes.

Now teams have the ability to compare budget versus actuals with ease, which has improved collaboration and decision-making between FP&A team members and leaders. It has also enabled Redwood to:

  • Advance and achieve success with its M&A strategy
  • Gain control over spending and enable a faster financial close
  • Absorb new companies and onboard new hires with ease

Workday Adaptive Planning is going to take automation to the next level, giving us the ability to manage our revenues better, manage our workforce better, and keep to our financial plan.

CIO/ CISO

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