Compare Prophix vs. Redwood Business Process Automation - Finance Edition

Cancel
You must select at least 2 products to compare!
Most Helpful Review
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
Information Not Available
"The licensing was purely based on the number of transactions being processed in production."

More Redwood Business Process Automation - Finance Edition Pricing and Cost Advice »

report
Use our free recommendation engine to learn which Financial Close Software solutions are best for your needs.
511,607 professionals have used our research since 2012.
Questions from the Community
Ask a question

Earn 20 points

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
10th
Views
569
Comparisons
339
Reviews
0
Average Words per Review
0
Rating
N/A
2nd
Views
1,038
Comparisons
814
Reviews
1
Average Words per Review
1,116
Rating
10.0
Popular Comparisons
Also Known As
Redwood Robotics, Redwood Finance Automation
Learn More
Overview

Prophix Software is a leading developer of solutions designed to automate financial processes including budgeting, planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use Prophix to empower their organization and gain greater insight into business performance. Prophix and its partners deliver the best value by combining high end functionality, low total cost of ownership, and the fastest implementations in its class.

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 Prophix
Learn more about Redwood Business Process Automation - Finance Edition
Sample Customers
Solarcentury, Swan Mill Paper Company, Interstates Companies, First Medical Health Plan, Community Physician Network, AAA Southern New England
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Top Industries
VISITORS READING REVIEWS
Computer Software Company24%
Comms Service Provider17%
Energy/Utilities Company7%
Retailer7%
VISITORS READING REVIEWS
Computer Software Company41%
Comms Service Provider16%
Energy/Utilities Company12%
Wholesaler/Distributor4%
Company Size
REVIEWERS
Small Business30%
Midsize Enterprise30%
Large Enterprise40%
No Data Available

Prophix is ranked 10th in Financial Close Software while Redwood Business Process Automation - Finance Edition is ranked 2nd in Financial Close Software with 1 review. Prophix is rated 0.0, while Redwood Business Process Automation - Finance Edition is rated 10.0. 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". Prophix is most compared with Planful, Adaptive Insights, Solver BI360, IBM Cognos and OneStream XF, whereas Redwood Business Process Automation - Finance Edition is most compared with UiPath, BlackLine, Blue Prism, Automation Anywhere (AA) and SAP Contextor.

See our list of best Financial Close Software vendors.

We monitor all Financial Close Software 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.