Longview Close vs Finance Automation by Redwood
financial close & consolidation head-to-head for ERP teams: evidenced capabilities, published pricing, and which ERPs each actually integrates with.
| Starting price | Annual subscription, quote-based | Quote-based |
| Deployment | Cloud | Cloud |
| Company size | Enterprise | — |
| Stated ERP integrations | SAP, Oracle Fusion Cloud, NetSuite, Microsoft Dynamics 365 | SAP, Oracle Fusion Cloud |
| Vendor | insightsoftware | Redwood Software |
Our take
Where Longview Close leads
- Stronger evidenced coverage on 9 of the 25 capabilities where they differ (led by multi-entity, multi-currency consolidation and automated intercompany eliminations).
- Stated NetSuite, Microsoft Dynamics 365 integration the alternative doesn't list.
Where Finance Automation by Redwood leads
- Stronger evidenced coverage on 16 of the 25 capabilities where they differ (led by role-based task assignment & ownership and automated balance sheet reconciliation).
Where they differ
The 25 capabilities (of 50 in the financial close & consolidation taxonomy) where the evidence separates them, biggest gaps first. “Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
| Capability | ||
|---|---|---|
| Role-based task assignment & ownershipClose Task Management | Not evidenced | Core strength Delegated task ownership and approving-person routing |
| Automated balance sheet reconciliationAccount Reconciliation | Not evidenced | Core strength Balance sheet certification review workflow |
| Unmatched item aging & resolution workflowAccount Reconciliation | Not evidenced | Core strength Auto-reason coding for unmatched line items; aging breakdown tables |
| Journal entry approval workflowJournal Entry Automation | Not evidenced | Core strength Approval matrix and approval-failure routing |
| Multi-entity, multi-currency consolidationConsolidation & Intercompany | Core strength Multi-entity, multi-currency consolidation | Not evidenced |
| Automated intercompany eliminationsConsolidation & Intercompany | Core strength | Not evidenced |
| Ownership & minority-interest calculationsConsolidation & Intercompany | Core strength Ownership and equity adjustments | Not evidenced |
| Intercompany matching & netting/settlementConsolidation & Intercompany | Not evidenced | Core strength Intercompany transaction matching and settlement |
| Currency translation & FXConsolidation & Intercompany | Core strength Automated currency conversion | Not evidenced |
| Multi-GAAP / IFRS / statutory reporting supportConsolidation & Intercompany | Core strength Support for GAAP, IFRS, and other standards | Not evidenced |
| Immutable audit trailPlatform & Integrations | Not evidenced | Core strength Full audit log per review; close dashboard and audit trail |
| SOX / internal controls trackingClose Task Management | Supported Compliance enforcement step in the month-end process map | Not evidenced |
| Close calendar & milestone trackingClose Task Management | Not evidenced | Supported SLA-based start/deadline timing per task |
| Multi-way transaction matchingAccount Reconciliation | Not evidenced | Supported Intercompany transaction matching and settlement |
| Automated journal entry creationJournal Entry Automation | Not evidenced | Supported Manual and templated journal entry upload |
| Recurring & accrual journal entriesJournal Entry Automation | Not evidenced | Supported Accruals and provisions automation |
| Journal entry risk scoring / anomaly detectionJournal Entry Automation | Not evidenced | Supported Posting-failure and validator-status tracking |
| Direct journal entry posting to the ERPJournal Entry Automation | Not evidenced | Supported SAP-certified partner; posts JEs into SAP |
| Financial statement / management reportingReporting & Disclosure | Supported Comprehensive and flexible reporting and analysis tools | Not evidenced |
| Custom / ad-hoc report builderReporting & Disclosure | Supported Filter, group, and export process status views | Not evidenced |
| Close cycle-time & performance analyticsAI, Analytics & Monitoring | Supported Real-time visibility into financial performance | Not evidenced |
| Role-based access controlsPlatform & Integrations | Not evidenced | Supported Delegated task ownership and approving-person routing |
| Close checklist & task templatesClose Task Management | Supported Month-end process map: import, validation, consolidate, review, compliance | Core strength Pre-built task catalogs for rapid deployment |
| Task dependencies & sequencingClose Task Management | Supported Process status tracking by workflow step | Core strength Task Orchestrator with predecessor/successor dependencies |
| Sign-off / certification workflowClose Task Management | Supported Approval workflow and workflow submission tracking | Core strength Balance sheet certification review workflow |
Both grade identically on the other 25 capabilities — see each product's full profile: Longview Close, Finance Automation by Redwood.
Longview Close vs Finance Automation by Redwood — FAQs
Is Longview Close or Finance Automation by Redwood better for ERP integration?
Both state integrations with SAP, Oracle Fusion Cloud. Longview Close additionally lists NetSuite, Microsoft Dynamics 365. Always verify the connector against your ERP version with a reference customer.
Which is cheaper, Longview Close or Finance Automation by Redwood?
Neither publishes a list price — both quote. Ask each for the all-in first-year cost at your seat count, as one number, and compare those.
Get pricing for both
Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what Longview Close and Finance Automation by Redwood should each cost you — and whether a third option belongs on your shortlist.