Insights from Redwood Software on what accruals, provisions and reclassifications really reveal about R2R health and real world examples from Siemens

Many finance teams find themselves trapped in a cycle of manual journal entries, viewing them as a standard part of the month-end "work." But what if high journal volumes are actually symptoms of upstream process breakdowns?

Join Siemens and Redwood Software for an exclusive deep dive into how one of the world's largest global business services transformed their Record to Report (R2R) operations. We'll move beyond the surface of automation to explore how shifting from "fragmented tools" to a "unified, SAP-native platform" creates a nearly touchless close.

What You Will Learn:

• Journals Are Not the Work: Why high volumes of accruals, provisions, and reclassifications point to failures in data and control design—and how to reduce them to true exceptions.

• The Siemens Transformation: How they moved from manual effort to a scalable, automated environment within global SAP (S/4HANA and ECC).

• The Impact of Orchestration: Real-world results on labor costs, cycle time, and audit readiness when automation is built specifically for finance.

• Achieving Close Predictability: Using preventative controls to increase finance capacity and audit confidence.