Redwood Software Announces a New Release of Cronacle®

Significant Enhancements Provide Powerful Enterprise Process Automation® for Business and IT

News provided by

Jan 20, 2015, 09:41 ET

RALEIGH, North Carolina, January 20, 2015 /PRNewswire/ --

Redwood Software announced today that a new version of Cronacle, version 9 SP 12, is now available worldwide. Cronacle is an Enterprise Process Automation platform that provides key stakeholders with a central point to help drive automation throughout the extended enterprise.

Cronacle simplifies the definition, monitoring and analysis of the completion of business processes such as order-to-cash, procure-to-pay, and supply chain management-just to name a few. "This release brings process editing to the forefront of the user experience. Cronacle now combines extensible UI technology with updated terminology," says Andrew Evers, CTO of Redwood Software. "It provides the detailed, real-time status visibility that businesses need to quickly identify, analyze, and eliminate process bottlenecks before they happen."

SAP resells Cronacle as the SAP® Business Process Automation application by Redwood.

With operations in 32 countries and shipments of more than 44,000 parcels every business day, RS Components (RS), a global distributor for engineers, uses the solution for increased visibility and complete control across all of its supply chain activities. According to Matthew Ling, Competency Centre Functional Team Lead at RS: "Orders placed with us can be ready for dispatch within the hour. This is a high-quality solution that helped us achieve ROI within 18 months."

"SAP Business Process Automation gives organizations the holistic control they need across their business processes," explains Tom Roberts, global vice president, Third-Party Solutions, SAP. "Customers can focus on achieving their goals and delivering positive results to their customers instead of spending time chasing their own tasks."

For more information on Cronacle, visit https://www.redwood.com/solutions/technology/cronacle. For more on SAP Business Process Automation, visit http://www.sap.com/business-process-automation or http://wp.me/p3DO4j-sPq

About Redwood Software:

Redwood is the world leader of Enterprise Process Automation®. Over the last 20 years we have helped more than 3,000 customers automate their mission-critical IT and business processes. Our customers remove the costs, risks and wasted time of manual tasks and achieve greater reliability, consistency and accuracy across diverse processes, such as the financial close, supply chain and business intelligence (BI).

We have the ability to connect applications from any vendor or source, and we are an SAP® partner. With the industry's widest range of deployment options we offer software, cloud or appliance. Our Automation Process Packages (APPs) help customers achieve success in the shortest possible time and with minimum effort.

Visit http://www.redwood.com for more information.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.

Any other products or service names mentioned are used for identification purposes only and may be trademarks of their respective owners.

SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

SOURCE Redwood Software