Compare Automation Anywhere (AA) vs. Redwood Business Process Automation - Finance Edition

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Most Helpful Review
Find out what your peers are saying about UiPath, Automation Anywhere, Kryon Systems and others in Robotic Process Automation (RPA). Updated: June 2021.
510,204 professionals have used our research since 2012.
Quotes From Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros
"The Automation Anywhere software has improved our organization by moving us into the RPA climate and allowing us to save on our overhead.""Since we can register multiple bot runners in one control room, and we can easily monitor and re-run bots when necessary, it is convenient for me.""This boosts the customer confidence and experience. When the customer experience increases, obviously sales will increase.""It is highly scalable on cloud and virtual machines.""By using SNMP configurations and Excel, I was able to read the mail. I used this functionality to categorize the fabric, then I used this information to correlate the value to Jira along with Excel.""I utilize all the commands provided by Automation Anywhere, such as all the recorders. I use these commands to develop my processes and bots.""The training and resources for this tool are very good. They are so simple that anyone can easily learn it. One of the tool values is its ease of use.""We have the MetaBot feature, which is valuable because we can read reusable components in the MetaBot, then use them as a framework."

More Automation Anywhere (AA) Pros »

"The out-of-the-box finance modules within the Redwood Finance framework help to speed up the process, versus designing and writing generic BOT code."

More Redwood Business Process Automation - Finance Edition Pros »

Cons
"I would like to see a built-in read-only role for the control room so that the bot creators can log in and monitor the production environment without any auditing concerns.""I have noticed that after the bots have been delivered to run in a production environment, there are issues in terms of quality and performance.""Automation Anywhere is a tool. It is not able to go ahead and extract the hand-written documents. Most of the automation tools that we have in the market are not able to get an accuracy of close to 80 to 90 percent on hand-written documents. So, I'm eagerly looking at a release from Automation Anywhere, wherein they could plug in an LP or look at some sort of a platform which could convert hand-written documents into a readable format. If they could bring in they own platform, this would make a big in-roads for the entire automation industry.""We have HTML mode and Window mode, but Automation Anywhere is limited in this. It would be better if they were able to provide different specification modes.""With the PDF command, you can only read structured data. If your data is in an unstructured format, there is no command for it in Automation Anywhere. Then, people need to use Python coding if their data is in unstructured format. Therefore, Automation Anywhere needs to improve in the PDF area.""The Excel part needs improvement because we use it as a database. Right now, we are using UiPath for this feature, as that RPA tool allows us to sort, search, and filter in Excel databases.""The IQ Bot is pretty immature, in regards to AI and machine learning. I would like them to add additional logic.""Reliability and error handling should be improved."

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"Mapping the process steps to an existing R2R process quickly would be a definite step forward."

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Pricing and Cost Advice
"We have saved customers 400% in terms of time saved by implementing this product.""The pricing and licensing of Automation Anywhere plays an important rule in the Indian market because in the Indian market $10,000 USD is too much. Hence, the pricing tends to go down depending on the customer relationship with the partner: A starter pack is $10,000 and an enterprise pack is $100,000. If you go through an implementation partner, you can get good deals. They can save some money.""Their overall pricing falls in the middle of the market. Cost-wise, Automation Anywhere is quite expensive because of their analytics, IQ Bots, and MetaBots. For a standalone machine, the pricing is okay. When adding in the licensing for IQ Bots (or MetaBots), it can become quite costly.""The control room access gives the ability to create different roles, which helps when purchasing additional licensing.""They recently launched a Community Edition, which is okay, but they should have done this a long time ago.""I believe it is $10,000 for Bot Creator.""In most of the cases, the product value is very good. If the infrastructure, implementation, and framework are good, then generally, the client can get a good return on investment.""There are some additional costs beyond the standard licensing fees. There are a couple of add-ons we've looked at: The IQ Bot for OCR and machine-learning were add-ons, as well as the Bot Insights - the analytics."

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"The licensing was purely based on the number of transactions being processed in production."

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Questions from the Community
Top Answer: It depends on your use case. Is it simply to automate a couple of processes? Is it to augment a human team? AA is very good in certain situations but lacks in others. For me, it's more the team that… more »
Top Answer: From my experience using AA tool, it depends on the applications that you want to automate, because there some applications that AA has limitations for, such as the Oracle. For web-based applications… more »
Top Answer: It is a highly preferred RPA tool. You can check my Automation Anywhere Review to know more.
Top Answer: The out-of-the-box finance modules within the Redwood Finance framework help to speed up the process, versus designing and writing generic BOT code.
Top Answer: To an extent, there is a definite cost involved in terms of setting up the right infrastructure and the licensing model. This needs a good discussion on the licensing and pricing model, which can be… more »
Top Answer: This is a tricky question, but certainly, some improvements are definitely needed in the template-based approach and modularity of design. Mapping the process steps to an existing R2R process quickly… more »
Ranking
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70,872
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25,705
Reviews
283
Average Words per Review
765
Rating
8.6
Views
1,038
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814
Reviews
1
Average Words per Review
1,116
Rating
10.0
Popular Comparisons
Also Known As
Automation Anywhere, Testing Anywhere, Automation Anywhere Enterprise
Redwood Robotics, Redwood Finance Automation
Learn More
Overview

Automation Anywhere is a global leader in Robotic Process Automation (RPA), empowering customers to automate end-to-end business processes with intelligent software bots – AI-powered digital workers that perform repetitive and manual tasks, resulting in dramatic productivity gains, optimized customer experience and more engaged employees. The company offers the world’s only cloud-native and web-based automation platform combining RPA, artificial intelligence, machine learning and analytics, yielding significantly lower TCO, higher security, and faster scalability than legacy monolithic platforms. Its Bot Store is the world's first and largest marketplace with more than 1,200 pre-built, intelligent automation solutions. Automation Anywhere has deployed over 2.8 million bots to support some of the world’s largest enterprises across all industries in more than 90 countries. 

For additional information, visit www.automationanywhere.com.

The volume of repetitive, manual tasks across finance is overwhelming – every day or at the end of every month, quarter or year. Redwood’s finance automation reduces that unnecessary and time-consuming manual effort. We know because our customers tell us that our finance automation solution helps them achieve a much higher degree of back-office process automation compared with alternatives.

Offer
Learn more about Automation Anywhere (AA)
Learn more about Redwood Business Process Automation - Finance Edition
Sample Customers
Google, Linkedin, Cisco, Juniper Networks, DellEMC, Comcast, Mastercard, Quest Diagnostics
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Top Industries
REVIEWERS
Computer Software Company31%
Financial Services Firm23%
Manufacturing Company11%
Pharma/Biotech Company7%
VISITORS READING REVIEWS
Computer Software Company33%
Comms Service Provider16%
Financial Services Firm7%
Energy/Utilities Company6%
VISITORS READING REVIEWS
Computer Software Company40%
Comms Service Provider16%
Energy/Utilities Company13%
Wholesaler/Distributor4%
Company Size
REVIEWERS
Small Business12%
Midsize Enterprise9%
Large Enterprise79%
VISITORS READING REVIEWS
Small Business13%
Midsize Enterprise15%
Large Enterprise73%
No Data Available
Find out what your peers are saying about UiPath, Automation Anywhere, Kryon Systems and others in Robotic Process Automation (RPA). Updated: June 2021.
510,204 professionals have used our research since 2012.

Automation Anywhere (AA) is ranked 2nd in Robotic Process Automation (RPA) with 271 reviews while Redwood Business Process Automation - Finance Edition is ranked 17th in Robotic Process Automation (RPA) with 1 review. Automation Anywhere (AA) is rated 8.6, while Redwood Business Process Automation - Finance Edition is rated 10.0. The top reviewer of Automation Anywhere (AA) writes "Has the ability to customize and build out the platform to make it more useful and valuable". On the other hand, the top reviewer of Redwood Business Process Automation - Finance Edition writes "Out-of-the-box modules help to save time in development and reduce human error". Automation Anywhere (AA) is most compared with UiPath, Microsoft Power Automate, Blue Prism, Kryon RPA and IBM Robotic Process Automation (RPA), whereas Redwood Business Process Automation - Finance Edition is most compared with UiPath, BlackLine, Blue Prism, SAP Contextor and IBM Robotic Process Automation (RPA).

See our list of best Robotic Process Automation (RPA) vendors.

We monitor all Robotic Process Automation (RPA) reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.