Case Study: Faurecia automates 80% (32,000) of monthly journal entries and accelerates financial close with Redwood Software

Global automotive supplier automates Customer Success 80% of monthly, manual journal entries

Faurecia, a top-ten global automotive supplier with 114,000 employees across 35 countries, needed to boost efficiency, reduce costs, strengthen controls and break down regional and functional silos after consolidating its ERP and launching a Global Business Shared Services organization. A key pain point was a complex 20-step, manual journal entry process that slowed financial close and consumed controllers’ time.

Faurecia implemented Redwood Business Process Automation, integrated with SAP ERP, and onboarded 1,300 users in under six months to standardize and automate back-office workflows. The solution automated 32,000 monthly journal entries—about 80% of the total—accelerated close, reduced manual effort, provided clear audit trails, and paved the way for further automation of intercompany reconciliation, record-to-report, procure-to-pay and order-to-cash processes.

Faurecia

Christophe MacGarry

Global Finance Transformation Director