Frequently Asked Questions

 

1. What is Runbook?

With our solutions we help CFOs manage their financial closing process to ensure consistency, transparency and compliance.  We do this by mapping our clients' closing procedures into our software, which then automates the process, providing repeatability, control and confidence.

Many corporate customers like P&G, Novartis, Adidas and Deloitte are using Runbook to improve their finance process automation.


2. What solutions does Runbook provide?

Runbook provides a solution for Closing, Internal Control and Compliance Documentation. This unique combination not only makes a Fast Close possible but even a Fast Quality Close.

By integration of Internal Control and Compliance Documentation in the entire SAP process, risk will mitigate, control execution will be more effective and ultimately the result is a timely, accurate and quality process.

 

3. Can Runbook help our company?

You need a web-based solution that ensures the coordination and execution of general flow charts or individual checklists along with integrated support and control activities. Runbook is a flexible and intuitive solution for your finance process automation and fully integrated with SAP. Developed especially to coordinate, execute and monitor financial close processes in SAP using Excel interface technology.

 

4. Why Runbook next to SAP FI/CO?

SAP already provides support for your close through its general ledger structure, report scheduling and consolidation tools. Runbook, however, has expanded on this application by way of creating automation tools for the entire "record-to-report" process. This makes for truly reliable and trustworthy results. The actual consolidation is essentially a "mathematical trick" and only account for a small part of the "record-to-report" process.

 

5. What is the relationship between SAP and Runbook International?

Runbook International is an independent software solution provider and an SAP certified partner.

SAP recognizes Runbook Company as an SAP software partner since Runbook fills in a white spot in the SAP landscape.

 

6. Does Runbook have a best practice approach?       

Runbook has a proven best practice Accelerated Runbook Project Approach.

Our experience is that the project finishes at budget and on time, every time. Therefore, our customers' feedback about the quality of a Runbook implementation always "exceeds expectations"!

 

7. How is the project structure of the implementation?          

We recommend that the customer is the owner of the implementation. Runbook consultants support customer project management with the project execution, will advise and be hands-on if needed.

 

8. Do we need always (Runbook) consultants?         

Runbook is an easy-to-use, flexible solution. No customization is needed and therefore also no external consultants. We promote the Train-the-Trainer principle. This means that the customer can work independently after the super user training.

 

9. Where does Runbook Company provide services?

Runbook International delivers services all around the world, with regional headquarters in the US, Germany and Asia Pacific. Our corporate headquarters are in Ede, The Netherlands.

 

10. If we are interested in a demonstration, what can we expect from Runbook International?

Runbook can easily organize a live demo, either remotely through a WebEx or in person at your office. To set up a demonstration, please send your request via email to info@runbook.com. Or fill out the contact form and we will contact you.

 

11. Why could Runbook be of interest for me?
  • Runbook drives the financial closing process by integrating all tasks and dependencies in daily routines, which results in possiblities for optimizing and automation.
  • Closing activities fully controlled and managed by the finance department;
  • Efficiency improvement, critical path analysis and fast close integration;
  • No additional batch job scheduling tool needed and no SAP customization;
  • 100% integrated in SAP with SAP look and feel.
  • Fast implementation;
  • Audit cost reduction at least 15%;
  • Return on Investment is a mere 6-12 months.