Siemens and Redwood: How Finance Automation Cuts Labor Costs and Accelerates the R2R Close

Join Siemens and Redwood for a behind-the-scenes look at how one of the world’s largest enterprises transformed its Record to Report (R2R) operations—achieving faster close cycles, reduced manual effort, and higher compliance, all within a global SAP environment.

Mary Shiena Johnson, Head of Accounting and Closing Services at Siemens Global Business Services, and Shak Akhtar, GM of Finance Automation for R2R at Redwood, will share how Siemens reengineered a highly complex, tool-heavy R2R process into a streamlined, automation-first model.

Attendees to the webinar will learn:

• Why Siemens needed a unified, scalable automation platform built specifically for SAP
• How they moved from fragmented tools and manual effort to a nearly touchless close
• The real-world impact on labor costs, cycle time, and audit readiness
• How Redwood’s SAP-native automation is enabling continuous improvement across finance

Operating a $150 billion enterprise across diverse markets, Siemens required more than just tactical automation. They needed a strategic partner to help reimagine R2R at scale. In this session, they’ll walk through their journey, including lessons learned, change management, and what’s next for their global finance automation roadmap. Whether you're running SAP S/4HANA or ECC, this session will show what’s possible when automation is built for finance, not retrofitted.

Register now to reserve your seat and get practical insight from a real-life use cases of R2R transformation.

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