Redwood Software - Finance Automation Edition Valuable Features

Amarjeet Kamble - PeerSpot reviewer
Senior Manager at a financial services firm with 10,001+ employees

So the best thing is ease of use. The number one ease of use. 

Number two, earlier, we used to create functionalities or conditions for other programs, like SAP or non-SAP. The functionality needed to be created inside the end system. But in Finance Automation, you can directly define your site, your workloads, and all. 

Inside Finance Automation, we do not need to go through the end system and define it. Rather, you can define it directly in Finance Automation, and you can run it. So that is the best thing I found in Finance Automation.

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RC
Enterprise Architect at a consultancy with 10,001+ employees

The seamless integration with SAP is crucial, as it's our primary system.

Reporting is also good. That's one of the product's strengths.

The remediation features are excellent. If an error occurs during posting, it generates an error log. We collect these logs, restart the bot, and process the remediation. So, Redwood's error handling and exception management features helped our automation. 

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RC
Enterprise Architect at a consultancy with 10,001+ employees

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.

The only time that it took was to perform the process analysis, identifying steps, and mapping the steps within the BOT code. 

Testing was done from the Redwood team on a system with test data (masked) before rolling it out for user acceptance testing and Hypercare execution.

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Robotic Process Automation (RPA)
April 2024
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