Compare Blue Prism 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.
510,882 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
"This solution has increased the speed, accuracy, and happiness of staff involved in the activities for which RPA has been deployed.""The most valuable feature is the ability to do surface automation, allowing interaction with legacy systems where terminal emulation is still in use.""The ease of use is really good because a lot of business people, who have some idea about logic and who can think in logic, can configure things, because there is no coding.""It is not just for coders, as you can have a diagrammatic representation of the process.""The most valuable feature is that people with zero coding knowledge can use Blue Prism very well.""We started with a very small team and small projects. As the project started getting success with Blue Prism we have a large number of teams now just for automating all the business procedures. Larger time was saved after automating the processes.""The web-based designer is very user-friendly and easy to use.""It's quite easy to use and easy to understand the process studio."

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"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."

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Cons
"We would like to see intelligent process automation that integrates RPA and machine learning.""I would like to see the vendor improve the efficiency of Blue Prism interaction with applications.""Blue Prism has been a little bit slow when it comes to the commitments on their roadmap. They had some delays last year, so I hope they make it up this year... For example, they were launching a Decipher tool. It was delayed by more than a year. It has still not launched.""The assisted automation functionality needs improvement.""If this solution had a framework for exception handling then it would be very helpful.""They improve more in OCR, to read text more correctly, currently can say OCR in blue prism only works for less cases and is only effective 50%. so mostly OCR's of Blue prism is very less used and other API's or tools are integrated with Blue prism for OCR techniques.""I would like to see machine learning functionality integrated with the automation.""I don't like that it is so limited, anything that you do feels limited in your capabilities."

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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
"The pricing is really good for an enterprise-level solution. It's quite scalable and it's quite comparable with the market.""Our licensing fees are approximately $5,000 USD per year.""The licensing fees are low compared to other tools.""Blue Prism is less expensive than some of the other RPA solutions.""We have a three-year contract that is paid on a yearly basis.""With Blue Prism, there are no additional fees""Blue Prism has a really simple licensing model, where the licenses are not confusing and there are no hidden costs the way there are in UiPath.""Blue Prism is quite costly."

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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: I'm very familiar with UiPath and the RPA industry: was hired by Daniel Dines in 2015 when there were 35 employees and left in 2019 when there were 3K+. I'm a big believer in the product, leadership… more »
Top Answer: Blue Prism is stable enough.
Top Answer: The big vendors should consider some sort of unbundled pricing model that allows them to price accordingly to a customer's needs. Because developing robots manually took too long, this solution gave… 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
Views
33,240
Comparisons
15,243
Reviews
40
Average Words per Review
629
Rating
7.6
Views
1,038
Comparisons
814
Reviews
1
Average Words per Review
1,116
Rating
10.0
Popular Comparisons
Also Known As
Redwood Robotics, Redwood Finance Automation
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Overview

In this digital era where start-ups are constantly disrupting markets, only the most agile and innovative enterprises survive and thrive. At Blue Prism, we pioneered Robotic Process Automation (RPA), emerging as the trusted and secure intelligent automation choice for the Fortune 500 and public-sector market. Now we bring you connected-RPA supported by the Digital Exchange (DX) app store—marrying internal entrepreneurship with the power of crowdsourced innovation.

More than 1,000 major enterprise customers leverage Blue Prism's Digital Workforce, empowering their people to automate billions of transactions while returning hundreds of millions of hours of work back to the business. Visit www.blueprism.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 Blue Prism
Learn more about Redwood Business Process Automation - Finance Edition
Sample Customers
Coca-Cola, Walgreens, American Express, Royal Bank of Canada, Pfizer, Shop Direct, O2, Siemens, Ascension Healthcare, Jaguar Land Rover
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Top Industries
REVIEWERS
Financial Services Firm15%
Computer Software Company15%
Energy/Utilities Company12%
Recruiting/Hr Firm9%
VISITORS READING REVIEWS
Computer Software Company31%
Comms Service Provider17%
Financial Services Firm9%
Energy/Utilities Company6%
VISITORS READING REVIEWS
Computer Software Company40%
Comms Service Provider16%
Energy/Utilities Company13%
Wholesaler/Distributor4%
Company Size
REVIEWERS
Small Business18%
Midsize Enterprise5%
Large Enterprise76%
VISITORS READING REVIEWS
Small Business6%
Midsize Enterprise15%
Large Enterprise79%
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.
510,882 professionals have used our research since 2012.

Blue Prism is ranked 4th in Robotic Process Automation (RPA) with 39 reviews while Redwood Business Process Automation - Finance Edition is ranked 17th in Robotic Process Automation (RPA) with 1 review. Blue Prism is rated 7.6, while Redwood Business Process Automation - Finance Edition is rated 10.0. The top reviewer of Blue Prism writes "Helps us with quality-control, compliance, error-avoidance, and time-savings". 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". Blue Prism is most compared with UiPath, Microsoft Power Automate, Automation Anywhere (AA), Pega Robotic Process Automation and Kryon RPA, whereas Redwood Business Process Automation - Finance Edition is most compared with UiPath, BlackLine, Automation Anywhere (AA), 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.