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IBM Robotic Process Automation (RPA) vs Redwood Business Process Automation - Finance Edition comparison

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Featured Review
Find out what your peers are saying about UiPath, Automation Anywhere, Microsoft and others in Robotic Process Automation (RPA). Updated: January 2022.
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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:
Pros
"IBM Robotic Process Automation is very easy to use.""I like the integration with Watson and the possibility to have an intelligent reading of all the customers' documents.""If you have a business process, and once you have automated that process, you have a readily available workflow in place.""The quality is great! It's very strong and has a very strong platform.""The solution's ease of use is its most valuable aspect."

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"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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Cons
"This RPA should be under the umbrella of BPM. This is what the future should be.""The time it takes for approvals, and risk analysis could be faster.""We're based in Thailand, but the documentation is not in Thai, which makes it difficult for us. If they could translate all of their documentation into our language, we'd be very grateful.""Stability could be better.""IBM should provide specific solutions for specific problems, like templates for invoicing processes, or general templates for creating efficient processes."

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

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Pricing and Cost Advice
  • "IBM licensing is annual and based on Virtual Processor Cores (VPC). This provides flexibility as part of the containerization environment."
  • More IBM Robotic Process Automation (RPA) Pricing and Cost Advice →

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

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    Questions from the Community
    Top Answer: 
    IBM Robotic Process Automation is very easy to use.
    Top Answer: 
    Stability could be better. It also gets difficult with every new version of Java or every new version of Windows.
    Top Answer: 
    We use RPA to test mainframe solutions because they never change.
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    Rating
    8.5
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    Also Known As
    IBM RPA
    Redwood Robotics, Redwood Finance Automation
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    Overview

    IBM Robotic Process Automation with Automation Anywhere enables you to automate the highly repetitive tasks normally performed by humans with robotic process automation (RPA) so you can boost employee productivity and allow employees to focus on higher-value knowledge work. The RPA solution from IBM includes market-leading RPA technology from Automation Anywhere, Inc. that is pre-integrated with IBM Business Process Manager Express, which allows organizations to orchestrate and manage multiple RPA bots, and better handle business process exceptions.

    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.

    Offer
    Learn more about IBM Robotic Process Automation (RPA)
    Learn more about Redwood Business Process Automation - Finance Edition
    Sample Customers
    The Hanover Insurance Group
    ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company32%
    Comms Service Provider25%
    Financial Services Firm7%
    Government6%
    VISITORS READING REVIEWS
    Computer Software Company41%
    Comms Service Provider16%
    Energy/Utilities Company7%
    Government5%
    Company Size
    REVIEWERS
    Small Business25%
    Midsize Enterprise8%
    Large Enterprise67%
    No Data Available
    Find out what your peers are saying about UiPath, Automation Anywhere, Microsoft and others in Robotic Process Automation (RPA). Updated: January 2022.
    564,729 professionals have used our research since 2012.

    IBM Robotic Process Automation (RPA) is ranked 17th in Robotic Process Automation (RPA) with 5 reviews while Redwood Business Process Automation - Finance Edition is ranked 16th in Robotic Process Automation (RPA) with 1 review. IBM Robotic Process Automation (RPA) is rated 8.6, while Redwood Business Process Automation - Finance Edition is rated 10.0. The top reviewer of IBM Robotic Process Automation (RPA) writes "Once you have automated a business process it offers a readily available workflow ". On the other hand, 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". IBM Robotic Process Automation (RPA) is most compared with UiPath, Automation Anywhere (AA), Microsoft Power Automate, Blue Prism and SAP Contextor, whereas Redwood Business Process Automation - Finance Edition is most compared with UiPath, BlackLine, Blue Prism, Automation Anywhere (AA) and Microsoft Power Automate.

    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.