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Most Helpful Review
Find out what your peers are saying about UiPath, Automation Anywhere, Kryon Systems and others in Robotic Process Automation (RPA). Updated: June 2021.
509,641 professionals have used our research since 2012.
Quotes From Members

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

Pros
"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."

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"There is no coding at all required to implement a complex business process. If you have some programming background, it will help you. However, if you are a business user, you can still develop simple processes.""The automated recording helps quite a bit. You record a complete business process along with human interactions to the desktop or web application. You can easily manipulate them. Once you are done, you have a complete recording of the interactions, which you can use to tweak your requirements.""The OCR feature is very handy to extract structured and semi-structured data from documents.""This solution has increased productivity in our organization.""It is easy to manage the robotics environment with Orchestrator, including scheduling and reporting.""This solution has improved business by facilitating increased speed and accuracy.""Ease of deployment means that business benefits can be developed quickly and easily.""We really like the Orchestrator and how I'm able to see what's going on with all of the different automations."

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

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"Tech support takes time replying to queries. It should be improved.""You can't write small snippets of code. If you want to do a single code snippet, this is not available by default.""Extending the UiPath studio in terms of UI and functionality would improve this solution.""Better alignment of workflows for development is needed.""Optical character recognition for hand written documents could be improved.""Templates had to be created for different formats.""Additional help with ROM and approach would be an improvement.""On the development side, more documentation on how to structure the setup for different environments would be helpful."

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

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"Licensing should be reduced and price should be cut down a bit.""This solution has a very competitive and flexible pricing scheme that depends on the process complexity.""With respect to the cost, you're going to recognize the savings immediately for the cost of the tool.""It's the same as what you would see on any of their list prices. There is also a corporate discount because of scale. Overall, we think it was a competitive price offering. They were the cheapest out of the three, so that's why we went with them.""The licensing costs for the unattended bots are a little too expensive.""I can estimate our licensing costs are approximately $100,000 USD per year.""We got purchased the basic minimum package and it was around $35,000 USD, annually.""Because we have so many agents, that's why we went unattended. Attended was very expensive for us because it's a per person license. Where we can take entire workflows, do the triggering and scheduling, etc. We never have to have any human interaction with unattended."

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Questions from the Community
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 »
Top Answer: I can only speak to UiPath since that is the only RPA solution that I have used. I know that there are specific packages that you can integrate into your project that is specifically made to work with… more »
Top Answer: Yes, Attended Bots  which can run without centralized control Module. RPA Tools like Automation Anywhere, uiPath ,Power Automation they do support this.
Top Answer: I'm very familiar with UiPath and the RPA industry: was hired by Daniel Dines in 2015 when there were 35 employees and left in 2019 when there were 3K+. I'm a big believer in the product, leadership… more »
Ranking
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10.0
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155
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Popular Comparisons
Also Known As
Redwood Robotics, Redwood Finance Automation
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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.

UiPath is leading the “automation first” era – championing a robot for every person and enabling robots to learn new skills through AI and machine learning. Through free and open training, UiPath is led by a commitment to bring digital era skills to millions of people around the world, thereby improving business productivity and efficiency, employee engagement and customer experience.  The company’s hyperautomation platform combines the #1 Robotic Process Automation (RPA) solution with a full suite of capabilities that enable every organization to scale digital business operations at unprecedented speed. The company has already automated millions of repetitive, mind-numbing tasks for businesses and government organizations all over the world including approximately 50% of the Fortune 500.

UiPath was recently recognized as the top company on Deloitte’s Technology Fast 500, a ranking of the fastest public and private technology companies in North America, was recently featured in CNBC Disruptor 50, and #3 on the 2019 Forbes Cloud 100.

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Sample Customers
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Airbus, Bank of America, Berkshire Hathaway, Chevron, CVS Health, DHL, General Electric, Google, Lufthansa, NASA, NTT, Orange, Philips, Singtel, Spotify, The Home Depot, Toyota, Uber, United Airlines, UnitedHealth Group, Wells Fargo
Top Industries
VISITORS READING REVIEWS
Computer Software Company40%
Comms Service Provider16%
Energy/Utilities Company13%
Wholesaler/Distributor4%
REVIEWERS
Financial Services Firm22%
Computer Software Company9%
Manufacturing Company7%
Energy/Utilities Company6%
VISITORS READING REVIEWS
Computer Software Company30%
Comms Service Provider19%
Financial Services Firm8%
Energy/Utilities Company5%
Company Size
No Data Available
REVIEWERS
Small Business19%
Midsize Enterprise15%
Large Enterprise66%
VISITORS READING REVIEWS
Small Business17%
Midsize Enterprise18%
Large Enterprise64%
Find out what your peers are saying about UiPath, Automation Anywhere, Kryon Systems and others in Robotic Process Automation (RPA). Updated: June 2021.
509,641 professionals have used our research since 2012.

Redwood Business Process Automation - Finance Edition is ranked 17th in Robotic Process Automation (RPA) with 1 review while UiPath is ranked 1st in Robotic Process Automation (RPA) with 155 reviews. Redwood Business Process Automation - Finance Edition is rated 10.0, while UiPath is rated 9.0. 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". On the other hand, the top reviewer of UiPath writes "Starts ready-to-use, has good tools for developers, facilitates optimization of existing processes for significant time saving ". Redwood Business Process Automation - Finance Edition is most compared with BlackLine, Blue Prism, Automation Anywhere (AA), SAP Contextor and IBM Robotic Process Automation (RPA), whereas UiPath is most compared with Microsoft Power Automate, Automation Anywhere (AA), Blue Prism, Pega Robotic Process Automation and Kryon RPA.

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.