Compare IBM Robotic Process Automation (RPA) 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, Microsoft and others in Robotic Process Automation (RPA). Updated: July 2021.
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Quotes From Members

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

Pros
"The solution's ease of use is its most valuable aspect.""If you have a business process, and once you have automated that process, you have a readily available workflow in place.""The quality is great! It's very strong and has a very strong platform.""I like the integration with Watson and the possibility to have an intelligent reading of all the customers' documents.""IBM Robotic Process Automation is very easy to use."

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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're based in Thailand, but the documentation is not in Thai, which makes it difficult for us. If they could translate all of their documentation into our language, we'd be very grateful.""This RPA should be under the umbrella of BPM. This is what the future should be.""IBM should provide specific solutions for specific problems, like templates for invoicing processes, or general templates for creating efficient processes.""The time it takes for approvals, and risk analysis could be faster.""Stability could be better."

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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
"IBM licensing is annual and based on Virtual Processor Cores (VPC). This provides flexibility as part of the containerization environment."

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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: IBM Robotic Process Automation is very easy to use.
Top Answer: Stability could be better. It also gets difficult with every new version of Java or every new version of Windows.
Top Answer: We use RPA to test mainframe solutions because they never change.
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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3,771
Comparisons
2,573
Reviews
4
Average Words per Review
622
Rating
8.5
Views
1,022
Comparisons
786
Reviews
1
Average Words per Review
1,116
Rating
10.0
Popular Comparisons
Also Known As
IBM RPA
Redwood Robotics, Redwood Finance Automation
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Overview

IBM Robotic Process Automation with Automation Anywhere enables you to automate the highly repetitive tasks normally performed by humans with robotic process automation (RPA) so you can boost employee productivity and allow employees to focus on higher-value knowledge work. The RPA solution from IBM includes market-leading RPA technology from Automation Anywhere, Inc. that is pre-integrated with IBM Business Process Manager Express, which allows organizations to orchestrate and manage multiple RPA bots, and better handle business process exceptions.

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 IBM Robotic Process Automation (RPA)
Learn more about Redwood Business Process Automation - Finance Edition
Sample Customers
The Hanover Insurance Group
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Top Industries
VISITORS READING REVIEWS
Computer Software Company36%
Comms Service Provider22%
Financial Services Firm10%
Manufacturing Company5%
VISITORS READING REVIEWS
Computer Software Company44%
Comms Service Provider14%
Energy/Utilities Company11%
Wholesaler/Distributor4%
Company Size
REVIEWERS
Small Business25%
Midsize Enterprise8%
Large Enterprise67%
No Data Available
Find out what your peers are saying about UiPath, Automation Anywhere, Microsoft and others in Robotic Process Automation (RPA). Updated: July 2021.
523,742 professionals have used our research since 2012.

IBM Robotic Process Automation (RPA) is ranked 17th in Robotic Process Automation (RPA) with 5 reviews while Redwood Business Process Automation - Finance Edition is ranked 16th in Robotic Process Automation (RPA) with 1 review. IBM Robotic Process Automation (RPA) is rated 8.6, while Redwood Business Process Automation - Finance Edition is rated 10.0. The top reviewer of IBM Robotic Process Automation (RPA) writes "Once you have automated a business process it offers a readily available workflow ". 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". IBM Robotic Process Automation (RPA) is most compared with UiPath, Automation Anywhere (AA), Blue Prism, Microsoft Power Automate and Kryon RPA, whereas Redwood Business Process Automation - Finance Edition is most compared with UiPath, BlackLine, Blue Prism, Automation Anywhere (AA) and Microsoft Power Automate.

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

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