Redwood Software - Finance Automation Edition vs Vena comparison

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Executive Summary

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

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Featured 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
  • "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
    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 »
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    Earn 20 points

    Ranking
    8th
    Views
    189
    Comparisons
    124
    Reviews
    1
    Average Words per Review
    893
    Rating
    9.0
    19th
    Views
    169
    Comparisons
    140
    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
    Learn More
    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.

    Vena is enterprise class software for budgeting, planning and forecasting with powerful reporting & analytics.

    Sample Customers
    ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
    Amway, ATB Financial, BNP Paribas, Biola University, Deloitte, Cumming Construction
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm18%
    Energy/Utilities Company16%
    Computer Software Company9%
    Manufacturing Company5%
    VISITORS READING REVIEWS
    Healthcare Company16%
    Computer Software Company13%
    Wholesaler/Distributor9%
    Educational Organization7%
    Company Size
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise9%
    Large Enterprise73%
    VISITORS READING REVIEWS
    Small Business32%
    Midsize Enterprise24%
    Large Enterprise44%
    Buyer's Guide
    Financial Close Software
    March 2024
    Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    Redwood Software - Finance Automation Edition is ranked 8th in Financial Close Software with 3 reviews while Vena is ranked 19th in Financial Close Software. Redwood Software - Finance Automation Edition is rated 9.0, while Vena 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 Vena is most compared with Planful, Adaptive Insights, Oracle Planning and Budgeting Cloud and Prophix.

    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.