Compare Oracle Enterprise Performance Management Cloud vs. Redwood Business Process Automation - Finance Edition

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Most Helpful Review
Quotes From Members

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

Pros
"The initial setup is pretty straightforward."

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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."

More Redwood Business Process Automation - Finance Edition Pros »

Cons
"On the cloud, additional security is required."

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"Mapping the process steps to an existing R2R process quickly would be a definite step forward."

More Redwood Business Process Automation - Finance Edition Cons »

Pricing and Cost Advice
Information Not Available
"The licensing was purely based on the number of transactions being processed in production."

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Questions from the Community
Top Answer: The initial setup is pretty straightforward.
Top Answer: While I cannot speak to the exact pricing, I can say that I find the costs to be reasonable.
Top Answer: The solution could improve its storage capabilities. On the cloud, additional security is required. They need to provide additional system algorithms, such as SHA-256, SHA-512 secure hash algorithms… 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
3rd
Views
335
Comparisons
274
Reviews
1
Average Words per Review
1,478
Rating
9.0
2nd
Views
1,038
Comparisons
814
Reviews
1
Average Words per Review
1,116
Rating
10.0
Popular Comparisons
Also Known As
Oracle EPM Cloud
Redwood Robotics, Redwood Finance Automation
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Overview
Oracle Enterprise Performance Management (EPM) Cloud helps companies of any size lead with confidence in the digital economy. With industry standards and Modern Best Practice, Oracle EPM Cloud helps you drive accurate and agile plans across finance and lines of business, analyze profitability and cost management, accelerate the financial close, and much more.

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 Oracle Enterprise Performance Management Cloud
Learn more about Redwood Business Process Automation - Finance Edition
Sample Customers
Eindhoven University of Technology, HES-SO University of Applied Sciences and Arts Western Switzerland, NetCologne, Kolos Cement Limited
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Top Industries
VISITORS READING REVIEWS
Computer Software Company43%
Comms Service Provider14%
Retailer5%
Government5%
VISITORS READING REVIEWS
Computer Software Company41%
Comms Service Provider16%
Energy/Utilities Company12%
Wholesaler/Distributor4%

Oracle Enterprise Performance Management Cloud is ranked 3rd in Financial Close Software with 1 review while Redwood Business Process Automation - Finance Edition is ranked 2nd in Financial Close Software with 1 review. Oracle Enterprise Performance Management Cloud is rated 9.0, while Redwood Business Process Automation - Finance Edition is rated 10.0. The top reviewer of Oracle Enterprise Performance Management Cloud writes "Straightforward to set up with good security and good design". 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". Oracle Enterprise Performance Management Cloud is most compared with SAP Business Planning and Consolidation, BlackLine and OneStream XF, whereas Redwood Business Process Automation - Finance Edition is most compared with UiPath, BlackLine, Blue Prism, Automation Anywhere (AA) and SAP Contextor.

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