Compare Kofax TotalAgility vs. Redwood Finance Automation

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

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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 »
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Also Known As
TotalAgility, Singularity, Capture Enabled BPM
Redwood Robotics
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Overview
Business process management and collaboration platform that empowers you to build and optimize business processes.

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.

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Sample Customers
AETNA, American Express, BNP Paribas, Citi, CommerzBank, Dexia, GoldmanSachs, HSBC, ING, JP Morgan, Raymond James
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Top Industries
VISITORS READING REVIEWS
Computer Software Company34%
Comms Service Provider12%
Financial Services Firm10%
Insurance Company7%
VISITORS READING REVIEWS
Computer Software Company44%
Comms Service Provider17%
Energy/Utilities Company12%
Wholesaler/Distributor5%
Find out what your peers are saying about ABBYY, Automation Anywhere, IBM and others in Intelligent Document Processing (IDP). Updated: April 2021.
502,104 professionals have used our research since 2012.

Kofax TotalAgility is ranked 7th in Intelligent Document Processing (IDP) while Redwood Finance Automation is ranked 17th in Robotic Process Automation (RPA) with 1 review. Kofax TotalAgility is rated 0.0, while Redwood Finance Automation is rated 10.0. 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". Kofax TotalAgility is most compared with IBM Datacap, ABBYY FlexiCapture, Pega BPM, Camunda Platform and Newgen OmniFlow, whereas Redwood Finance Automation is most compared with UiPath, BlackLine, Blue Prism, Automation Anywhere (AA) and SAP Contextor.

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