Case Study: Siemens Healthineers achieves a 97% automated financial close and reduces tasks from ~1,000 to 30 with Redwood Software

Global powerhouse in electronics uses Redwood RunMyJobs® to transform their financial close with less effort and resources

Siemens, a global electrical engineering and electronics company, faced a highly manual, inconsistent financial close that involved nearly 1,000 tasks — 300 undocumented and 680 performed by hand. The close depended on spreadsheets, manual nudges and constant human intervention, creating delays, errors and little coordination across systems and teams.

By deploying Redwood RunMyJobs, Siemens automated 97% of its critical close processes and cut the number of manual tasks from nearly 1,000 to just 30. The solution eliminated routine human errors, provided full visibility and control from a single cockpit (including SAP changes), sped up the close, lowered costs and enabled a shared-service model now rolled out across Europe with plans for global expansion.

Siemens Healthineers

Beatrice Frei

Head of Accounts Payable Receivables