Redwood Budgeting
Redwood Analytics
Overview
Redwood Budgeting is a flexible, tailored solution that CFOs can use to plan and model every aspect of their financial and operational performance. Working with each firm’s finance team, Redwood creates and implements a real-time collaborative budgeting solution. The application allows firms to make strategic business decisions based on complete, accurate, and timely financial information.
Your organization can replace a cumbersome spreadsheet environment with distributed, easy-to-use Web templates for expense planning. As well, you can perform variance analysis, reporting, and frequent forecasts, while reducing the time spent in the overall effort. Redwood has developed the industry-leading revenue model to project accrual, hours-based budgets into cash forecasts using historical patterns as its basis.
For those looking to build on and develop further templates, the application integrates with Redwood’s data warehouse and powerful underlying technology. The platform can readily expand as your organization’s processes and needs evolve.
Redwood Analytics provides comprehensive business intelligence solutions for the professional services industry. We combine sophisticated software applications and content from best-practices management models that can be configured to suit the needs of our clients.
Benefits
Redwood Budgeting assists CFOs who are looking for a traditional budgeting system as well as those looking for a sophisticated and flexible modeling tool. The solution is engineered to deliver the following:- Core efficiencies. Integration with core systems and Excel-like interface to leverage existing skills and knowledge.
- Controlled flexibility. A simple starting point with the power to expand as your process evolves.
- Real-time planning. Immediate flow from input to results.
- Collaboration: Web-based distributed templates and workflow management tools.
- Beyond budgeting. Best-of-breed forecasting and modeling engine.
- Improves your bottom line: Rapid value realization and high return on investment.
Architecture
Redwood’s analytic platform leverages Cognos software. In evaluating which tool to use, we found Cognos had the technology to provide true OLAP functionality, which allows users to “slice and dice” through their data with ease. In addition, the cubes can be separated from the data warehouse, so they are portable and can be carried around on a laptop.
Availability
For more information about Redwood Analytics, visit www.redwoodanalytics.com or contact our Sales department at 877-327-7060.
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