Redwood Software - Finance Automation Edition vs SAP Intelligent RPA comparison

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Executive Summary

We performed a comparison between Redwood Software - Finance Automation Edition and SAP Intelligent RPA based on real PeerSpot user reviews.

Find out in this report how the two Robotic Process Automation (RPA) solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Redwood Software - Finance Automation Edition vs. SAP Intelligent RPA Report (Updated: March 2024).
767,847 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"Redwood has a great feature where it logs every transaction. So, at any point, we can see every step taken for each transaction. It creates an audit trail of the entire process execution. It is a really good feature. This eliminates the need for extra coding or report generation. The audit report is readily available within the tool itself.""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.""So the best thing is ease of use."

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"Contextor is a good solution for a Citrix environment. It's the first with this tool. Other tools provide the same functionality, but not with the Citrix environment.""Scalability is fine. It is pretty nice.""Most of the details are already in the help portal and SAP notes are available. It is well documented as part of the product support.""The initial setup of SAP Contextor is easy.""It is remarkably easy to configure and code, and it doesn't require an extensive technical background or coding expertise.""The standout features of SAP Intelligent RPA are its flexibility and integration capabilities.""The most valuable feature of SAP Contextor is that everyone is in one place in the program that I need."

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Cons
"The room for balancing improvement lies in automation enhancement with respect to the feature areas, considering dealing directly with Excel and reviewing it to do some additional stuff for it in the end system so that reading the right thing, picking up the values, and everything.""would like to see AI integration for automation in future releases. Post-automation, I envision a generative AI model. If I could ask the bot questions like the number of invoices or their current status, it should be able to provide answers directly.""Mapping the process steps to an existing R2R process quickly would be a definite step forward."

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"I found that the SAP scripting of a program is easier than SAP Contextor.""The initial setup is of medium complexity. It is neither too hard nor too simple. You need some background in SAP and an understanding of it.""One way SAP Intelligent RPA could improve is by integrating built-in DI services for document processing.""I would like to see a better capacity for unstructured data, for example, PDF, or text within images.""There should be more of an error, like a proper error feature, in future releases. Sometimes, we don't understand why that automation is not learning what, like, where it is stuck, or what is the reason like, or what is the criteria we are missing to add. So a proper error message would be helpful.""SAP Contextor could improve by automating some processes.""For potential features or improvements, one aspect I would suggest enhancing is the flexibility of the extraction process."

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Pricing and Cost Advice
  • "The licensing was purely based on the number of transactions being processed in production."
  • More Redwood Software - Finance Automation Edition Pricing and Cost Advice →

  • "This is not a tool or software with a license as others are. The SaaS model is based on the usage of the tool."
  • "The initial cost might seem higher, but over time, with continued use over five or ten years, the cost tends to decrease, making it a more economical choice."
  • "The pricing is not that expensive. It is manageable."
  • "It all comes with a bundle right now. Having advanced features, it is competitively priced."
  • More SAP Intelligent RPA Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Redwood has a great feature where it logs every transaction. So, at any point, we can see every step taken for each transaction. It creates an audit trail of the entire process execution. It is a… more »
    Top Answer:The pricing is very client-specific. It's not a one-size-fits-all price. They don't have a single price for everyone. It's based on the client and the number of transactions. As Vodafone, a large… more »
    Top Answer:Everything seems to be working well. However, I see value in integrating AI for automation. So, I would like to see AI integration for automation in future releases. Ideally, after I perform postings… more »
    Top Answer:The standout features of SAP Intelligent RPA are its flexibility and integration capabilities.
    Top Answer:The pricing for SAP Intelligent RPA operates on a model that considers power usage and transactions per job. It is adaptable based on the number of cases and the specific needs of our business. The… more »
    Top Answer:One way SAP Intelligent RPA could improve is by integrating built-in DI services for document processing. Currently, users might have to use external AI tools, but having these services within SAP… more »
    Ranking
    Views
    486
    Comparisons
    322
    Reviews
    2
    Average Words per Review
    1,150
    Rating
    8.5
    Views
    847
    Comparisons
    599
    Reviews
    6
    Average Words per Review
    543
    Rating
    7.0
    Comparisons
    Also Known As
    Redwood Business Process Automation - Finance Edition, Redwood Robotics, Redwood Finance Automation
    SAP Contextor, Contextor
    Learn More
    SAP
    Video Not Available
    Overview

    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.

    SAP Intelligent Robotic Process Automation lets you automate enterprise business processes. Design process automations within the Cloud Studio by creating end-to-end workflows. Generate packages from these automations into the Cloud Factory powered by SAP BTP to configure and execute these packages with Agents. Agents running on workstations can work as a digital assistant (attended automation) or as a digital worker (unattended automation).

    SAP Intelligent RPA enables business users and technologists to become citizen developers. With powerful yet intuitive low-code and no-code capabilities, the solution supports you in driving automation by tapping into the expertise of citizen developers.

    Sample Customers
    ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
    BNP Paribas, Societe Generale, Kabel Deutschland, Orange, Carrefour
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm17%
    Energy/Utilities Company16%
    Computer Software Company9%
    Manufacturing Company5%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Financial Services Firm9%
    Educational Organization7%
    Energy/Utilities Company7%
    Company Size
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise9%
    Large Enterprise73%
    REVIEWERS
    Small Business29%
    Midsize Enterprise14%
    Large Enterprise57%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise14%
    Large Enterprise63%
    Buyer's Guide
    Redwood Software - Finance Automation Edition vs. SAP Intelligent RPA
    March 2024
    Find out what your peers are saying about Redwood Software - Finance Automation Edition vs. SAP Intelligent RPA and other solutions. Updated: March 2024.
    767,847 professionals have used our research since 2012.

    Redwood Software - Finance Automation Edition is ranked 19th in Robotic Process Automation (RPA) with 3 reviews while SAP Intelligent RPA is ranked 18th in Robotic Process Automation (RPA) with 7 reviews. Redwood Software - Finance Automation Edition is rated 9.0, while SAP Intelligent RPA is rated 7.2. The top reviewer of Redwood Software - Finance Automation Edition writes "User-friendly and enables automation in finance, HR, and SDM". On the other hand, the top reviewer of SAP Intelligent RPA writes "Enhanced streamlining and optimization of the business processes with reduced operational costs, improved data accuracy, and increased overall productivity". Redwood Software - Finance Automation Edition is most compared with UiPath, BlackLine, Blue Prism, Blue Prism Cloud and Automation Anywhere (AA), whereas SAP Intelligent RPA is most compared with UiPath, Automation Anywhere (AA), Microsoft Power Automate, Blue Prism Cloud and ABBYY Vantage. See our Redwood Software - Finance Automation Edition vs. SAP Intelligent RPA report.

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

    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.