Compare BotFarm vs. Redwood Finance Automation

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Most Helpful Review
Find out what your peers are saying about UiPath, Automation Anywhere, Blue Prism and others in Robotic Process Automation (RPA). Updated: May 2021.
502,499 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 solution is easy to use and easy to apply.""The entire backend system structure is something that I found really valuable.""The solution has very good processes. It's very easy to deploy and has good reviews on it. It offers good automation and the solution has very good developers working on it.""From a solution standpoint, screen capture and tight integration with Outlook are valuable features.""The most valuable feature is the rapid deployment of multiple bots.""The ability to drag and drop various components and the customizability are good features.""Automation Anywhere has good document extraction features where it can learn patterns.""They recently released the newest version that has a good program flow, quality, and blueprints that are all good improvements to the automation. They also have good integration with SAP."

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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
"The stability needs to be improved.""I would like to have access to self-service support.""The solution doesn't have support like they used to. They need support. We have personnel of our own, but sometimes we need assistance beyond our own team.""I would definitely be wanting to see OCR features for improving the solution.""There should be more support for developing in environments such as Citrix and Linux.""I would like to be able to access BotForm using a mobile app.""I would like to see more process mining features to give us insight into them before we develop automation.""The new version is not very stable. Sometimes I can't use the recording sound."

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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
"Pricing for this solution can be better.""Our licensing costs are approximately $3,000 USD annually.""The pricing model could be simplified.""I think payment can vary but it's a re-occurring fee that needs to be paid every year.""An unattended bot license costs around $5,000, whereas an attended bot license costs roughly $1,500.""We pay approximately $15,000 USD per year.""Licenses are paid on a yearly basis and the cost is quite high.""It is too expensive and not worth the price."

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

More Redwood Finance Automation Pricing and Cost Advice »

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Questions from the Community
Top Answer: It is easy to use and very stable. It is a rugged product, and it doesn't break so easily.
Top Answer: Its price is quite high as compared to other solutions, but it has a lot of features and good stability. They should reduce its price.
Top Answer: Its UI could be made better. It should also be more flexible. Currently, it is more rigid, and a little more flexibility is required. Their technical support should also be better. We are not very… 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
868
Comparisons
475
Reviews
21
Average Words per Review
475
Rating
7.7
Views
1,074
Comparisons
849
Reviews
1
Average Words per Review
1,116
Rating
10.0
Popular Comparisons
Also Known As
Redwood Robotics
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Overview

BotFarm is the first and only enterprise-grade platform for Bots On Demand. Scale your workforce capacity by deploying bots anywhere in the world with a single click. Create, deploy and manage thousands of bots in an instant to meet demand spikes. BotFarm delivers on-demand RPA with scalability, elasticity, resilience – designed for the enterprise.

Redwood Software was founded in 1993 with a singular goal – to free people from the effort associated with unnecessary manual activity. Redwood delivers automation solutions worldwide for workload and scheduling, finance, and report distribution. Its technology is built on modern, adaptable architecture that is uniquely designed to be delivered as-a-service for maximum benefit and scalability.

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 solutions are built on our industrial scale automation technology to provide business users the power to design, deploy and operate transformational financial processes. Redwood Finance Automation improves efficiency and governance. It also frees finance professionals to focus on gaining valuable insights from corporate reporting information—rather than simply chasing data.

These solutions are built to support four pillars of finance processes: record to report, order to cash, procure to pay and asset accounting. Within record to report, we offer automated solutions for the close checklist, reconciliation, journal entry and intercompany. Clients report automating as much as 85% of finance tasks that once relied on repetitive manual work with Redwood.

Offer
Learn more about BotFarm
Learn more about Redwood Finance Automation
Sample Customers
Cisco, CocaCola Bottlers Japan, Macy's, Whirlpool, Unilever
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Top Industries
REVIEWERS
Financial Services Firm20%
Non Tech Company20%
Energy/Utilities Company20%
Healthcare Company10%
VISITORS READING REVIEWS
Computer Software Company38%
Financial Services Firm13%
Comms Service Provider12%
Manufacturing Company6%
VISITORS READING REVIEWS
Computer Software Company44%
Comms Service Provider17%
Energy/Utilities Company12%
Wholesaler/Distributor5%
Company Size
REVIEWERS
Small Business14%
Midsize Enterprise41%
Large Enterprise45%
No Data Available
Find out what your peers are saying about UiPath, Automation Anywhere, Blue Prism and others in Robotic Process Automation (RPA). Updated: May 2021.
502,499 professionals have used our research since 2012.

BotFarm is ranked 9th in Robotic Process Automation (RPA) with 22 reviews while Redwood Finance Automation is ranked 17th in Robotic Process Automation (RPA) with 1 review. BotFarm is rated 7.8, while Redwood Finance Automation is rated 10.0. The top reviewer of BotFarm writes "Good customer support but some technical issues need to be addressed". On the other hand, the top reviewer of Redwood Finance Automation writes "Out-of-the-box modules help to save time in development and reduce human error". BotFarm is most compared with Automation Anywhere (AA) and UiPath, whereas Redwood Finance Automation is most compared with UiPath, BlackLine, Blue Prism, Automation Anywhere (AA) and SAP Contextor.

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