IBM Cognos Controller vs. Redwood Finance Automation

For regular FICO activities on SAP environments, it can quickly help. [Well suited to] organize activities around month closing and build workflows.

Incentivized

• It helps through processes standarization
• Implementation of SOX controls
• Takes over more repetitive and time-consuming activities to focus on added value ones

Incentivized

• Business users are not able to understand the errors without IT knowledge
• Better to have more features in data transformer (like Excel Pivot)
• Train all types of users on basic REL expression language to use in development

Compared with other business user in same business line to reduce the cost, utilize the resources in most affective manner, reduce process time lines

• We have removed the robot from user in terms of people transformation
• Time saving especially at month end to review the financials
• We have identified more improvement opportunities with RFA as per the available features