Compare InData Labs IDP vs. Redwood Finance Automation

InData Labs IDP is ranked 13th in Intelligent Document Processing (IDP) while Redwood Finance Automation is ranked 19th in Robotic Process Automation (RPA). InData Labs IDP is rated 0, while Redwood Finance Automation is rated 0. On the other hand, InData Labs IDP is most compared with , whereas Redwood Finance Automation is most compared with UiPath, Blue Prism and Kryon RPA.
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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:

Pricing and Cost Advice
Costs savings have been seen by employing bots for multiple shifts instead of people.If we talk about the automation RPA. it definitely has worked very well for us. I'm talking about giving good savings, about more than 180 FTE savings, after implementing more than 200 plus bots. It has worked well. As an organization, it has supported us very well, and also for our customers.It saves on the quality of work, because the quality can be bad when somebody's doing it. If a bot does the work, it's faster and comes with good quality. These are two important things along with the cost saving in the long run. That's where the value is.We have seen ROI on one of the process, but not on the other processes yet.The licensing cost is approximately $4,000 USD, which is a seed license.The certifications are free of cost.There are a lot of savings in terms of effort and time as well as costs. Automation Anywhere automates a lot of processes. It allows an organization to save the efforts of a lot people. It saves a lot of time because people can't work a whole day (24/7), but Automation Anywhere bots can.We are interested in saving manual engineer man-hours. So far, we have saved $100,000.

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Top Comparisons
Compared 49% of the time.
Compared 39% of the time.
Also Known As
Automation Anywhere, Testing Anywhere, Automation Anywhere EnterpriseRedwood Robotics
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Automation Anywhere
InData Labs
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Redwood Software
Overview

Automation Anywhere is the world’s largest provider of robotics process automation (RPA) software and the pioneer of the intelligent digital workforce. Over 1600 of the world’s leading enterprises deploy 1,000,000+ bots on the Automation Anywhere platform to automate their business processes in banking, finance, insurance, technology, telco, logistics and other sectors. Automation Anywhere has a global reach with 1600 employees and 500+ global partners that deliver products and services in over 90 countries.

Our Custom IDP Solution In Action
Our automated document processing software is tailored to assist you in meeting document-related challenges by leveraging AI:

Use automatic document recognition option to eliminate manual data
Categorize and review useful data
Validate extracted data and integrate the data into existing software

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 Automation Anywhere (AA)
Learn more about InData Labs IDP
Learn more about Redwood Finance Automation
Sample Customers
Google, Linkedin, Cisco, Juniper Networks, DellEMC, Comcast, Mastercard, Quest Diagnostics
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ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Top Industries
REVIEWERS
Financial Services Firm28%
Manufacturing Company15%
Software R&D Company11%
Pharma/Biotech Company10%
VISITORS READING REVIEWS
Software R&D Company41%
Comms Service Provider12%
Financial Services Firm7%
Media Company5%
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Company Size
REVIEWERS
Small Business9%
Midsize Enterprise10%
Large Enterprise80%
VISITORS READING REVIEWS
Small Business9%
Midsize Enterprise18%
Large Enterprise73%
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Find out what your peers are saying about UiPath, Automation Anywhere, Blue Prism and others in Robotic Process Automation (RPA). Updated: May 2020.
419,214 professionals have used our research since 2012.
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.