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Redwood Software - Finance Automation Edition vs Servicetrace XceleratorOne comparison

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Buyer's Guide
Robotic Process Automation (RPA)
April 2024
Executive Summary

We performed a comparison between Redwood Software - Finance Automation Edition and Servicetrace XceleratorOne based on real PeerSpot user reviews.

Find out what your peers are saying about UiPath, Microsoft, Automation Anywhere and others in Robotic Process Automation (RPA).
To learn more, read our detailed Robotic Process Automation (RPA) Report (Updated: April 2024).
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767,667 professionals have used our research since 2012.
Featured Review
Ram Chenna
Single bot now replaces five associates who previously handled finance processes and eliminates manual errors
Redwood streamlined our financial closing process in two ways. Firstly, we've reduced the number of personnel needed. A single bot now replaces... Read more →
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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
  • "The licensing was purely based on the number of transactions being processed in production."

    • More Redwood Software - Finance Automation Edition Pricing and Cost Advice →

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    Questions from the Community
    What do you like most about Redwood Business Process Automation - Finance...
    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 »
    Read all 3 answers   →
    What is your experience regarding pricing and costs for Redwood Business ...
    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 »
    Read all 3 answers   →
    What needs improvement with Redwood Business Process Automation - Finance...
    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 »
    Read all 3 answers   →
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    Earn 20 points

    Ranking
    19th
    out of 81 in Robotic Process Automation (RPA)
    Views
    486
    Comparisons
    322
    Reviews
    2
    Average Words per Review
    1,150
    Rating
    8.5
    41st
    out of 81 in Robotic Process Automation (RPA)
    Views
    204
    Comparisons
    142
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    Redwood Business Process Automation - Finance Edition, Redwood Robotics, Redwood Finance Automation
    XceleratorOne, X1, Servicetrace X1
    Learn More
    Redwood Software
    Servicetrace
    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.

    The XceleratorOne (X1) automation platform offers lifecycle management unique in the industry. This enables you to plan and implement the entire automation process with an end-to-end approach. Manage all phases of an automation project and lifecycle – and all stakeholders – with a single piece of software.

    Sample Customers
    ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
    Atos, BWI, Computacenter, DB, DEKRA, ekom21, FUJITSU
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm17%
    Energy/Utilities Company16%
    Computer Software Company9%
    Manufacturing Company5%
    VISITORS READING REVIEWS
    Computer Software Company29%
    Real Estate/Law Firm10%
    Energy/Utilities Company8%
    Construction Company8%
    Company Size
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise9%
    Large Enterprise73%
    VISITORS READING REVIEWS
    Small Business29%
    Midsize Enterprise10%
    Large Enterprise61%
    Buyer's Guide
    Robotic Process Automation (RPA)
    April 2024
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    Redwood Software - Finance Automation Edition is ranked 19th in Robotic Process Automation (RPA) with 3 reviews while Servicetrace XceleratorOne is ranked 41st in Robotic Process Automation (RPA). Redwood Software - Finance Automation Edition is rated 9.0, while Servicetrace XceleratorOne is rated 0.0. The top reviewer of Redwood Software - Finance Automation Edition writes "User-friendly and enables automation in finance, HR, and SDM". On the other hand, Redwood Software - Finance Automation Edition is most compared with UiPath, BlackLine, Blue Prism, Blue Prism Cloud and Automation Anywhere (AA), whereas Servicetrace XceleratorOne is most compared with Automation Anywhere (AA) and UiPath.

    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.