Case Study: Allianz Germany achieves 90% finance automation and up to 70% reduction in manual effort with Redwood Software

Allianz Germany Automates 90% of Finance Processes, Reducing Manual Effort By 70% with Redwood Finance Automation

Allianz Germany, a leading insurance and financial services provider with 13,000+ employees and €38.7 billion in revenue, was spending too much time and budget on manual Record-to-Report (R2R) processes that caused delays, inconsistent reporting and lower data quality. Finance leaders wanted to eliminate repetitive tasks, improve consistency and transparency, and deploy a fast solution that would free staff for higher-value work.

They implemented Redwood Finance Automation to automate 60 R2R processes—now running up to 100,000 automated steps per month—automating up to 90% of processes and reducing manual effort by 50–70%. The result was faster closes, lower backlog and error rates, consistent execution across business units with clear manual intervention points, and improved employee satisfaction and capacity to deliver greater business value.

Allianz