We changed our name from IT Central Station: Here's why

Redwood Business Process Automation - Finance Edition vs UiPath comparison

Cancel
You must select at least 2 products to compare!
Featured Review
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.
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."

More Redwood Business Process Automation - Finance Edition Pros →

"UiPath has the simplest low-code user interface that I've seen in my professional life.""The UiPath website has a lot of information and the Academy offers a lot of courses. I heard from different people in different industries and markets that this is the best solution. It's worth a try. There is more work in the beginning when you are getting it set up. But there are a lot of benefits, and you don't have to wait months and months to see them. You can start seeing the benefits early on.""UiPath continues to add services to the Portal. It is fairly important that they are all managed from the same place because it is a single point of access, which was a factor that really played into our choice of vendor, UiPath. We use Automation Hub to sort of collect ideas and discover what ideas are good for information, then we use Orchestrator to manage them once they have been developed.""The Academy courses are good. That's usually what I start new developers with; to do those and then kind of have them go and try to do courses periodically to kind of stay up to date and especially when a new release is coming out. The hands-on training is the most valuable part of it.""The product is well-integrated with different tools that can help with logging, et cetera.""The initial setup is good. There are no problems.""Our consultants have been able to go through the training videos and pick up the ability to build their own automations.""Time-saving is the biggest area that has improved for us. We had users spending lots of time trying to get data from a system and then creating a file that was going to be used for our auditing purposes, which then gets submitted online. We definitely found some issues where an end-user was pulling data from different sources and then storing that data with lots of human touching that created issues."

More UiPath Pros →

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

More Redwood Business Process Automation - Finance Edition Cons →

"More videos are required. There are basic videos that can help you learn about the product, however, there need to be more in-depth videos to help you through certain tasks.""I had a problem with one thing, and that was exporting activities packages between the test server and the production server.""When the Orchestrator got upgraded and UiPath didn't get upgraded, we started getting errors regarding the managed packages; the packages were not getting upgraded.""The integration with APA should be improved with respect to adding data from external sources and being able to bring in data from third-party applications.""The on-prem orchestrator was an issue for us.""The built-in OCR is only 60% to 70% correct if you're analyzing a PDF that has images in it, so this is an area that can be improved.""The pricing for Orchestrator and unattended robots could use improvement. If we plan to roll out and implement more robots, then perhaps lower costs on Orchestrator and unattended robots would make adoption even easier.""It should be less focused on the howtos and more on demonstrating business value add. A business outcome should be that I was able to approve something in however many days or hours compared to my peers when I benchmark across my peers. That would be a business outcome as opposed to a technical outcome."

More UiPath Cons →

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 →

  • "This solution is not cheap but the price is worth it because by following the documentation and using the support, you get good robotic processes that are stable."
  • "This solution is worth the investment."
  • "The investment is relatively small compared to the potential in qualitative and quantitative benefits that can be achieved."
  • "The pricing is okay, but I recommend to build a business case before going live. Ensure that you really use the license and building the robot makes sense. Try to think of multiple use cases, because one license can be used for several robots."
  • "It is important for whatever we implement that it's cost effective in a sense that the robots will replace some human time. If human time costs less than the robot, then that's not a good deal."
  • "The pricing is average; it is not too high nor too low."
  • "The pricing is good compared to other software. Based on the features that UiPath is providing, and the community support, the price is reasonable."
  • "The licensing system is something that needs to be improved."
  • More UiPath Pricing and Cost Advice →

    report
    Use our free recommendation engine to learn which Robotic Process Automation (RPA) solutions are best for your needs.
    564,729 professionals have used our research since 2012.
    Questions from the Community
    Ask a question

    Earn 20 points

    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: 
    Microsoft‌ ‌Power‌ ‌Automate‌ ‌is‌ ‌intuitive‌ ‌and‌ ‌easy‌ ‌to‌ ‌integrate‌ ‌and‌ ‌use.‌ ‌I‌ ‌like‌ ‌that‌ ‌there‌ ‌is‌ ‌no‌ ‌coding‌ ‌experience‌ ‌necessary,‌ ‌and‌ ‌appreciate‌ ‌the‌ ‌automated‌… more »
    Ranking
    Views
    1,090
    Comparisons
    827
    Reviews
    1
    Average Words per Review
    1,116
    Rating
    10.0
    Views
    78,840
    Comparisons
    41,912
    Reviews
    130
    Average Words per Review
    1,625
    Rating
    8.7
    Comparisons
    Also Known As
    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.

    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.

    Offer
    Learn more about Redwood Business Process Automation - Finance Edition
    Start Your UiPath Free Trial

    Accelerate your digital transformation now with free access to the UiPath Platform

    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 Company41%
    Comms Service Provider16%
    Energy/Utilities Company7%
    Government5%
    REVIEWERS
    Financial Services Firm22%
    Computer Software Company10%
    Healthcare Company6%
    Manufacturing Company6%
    VISITORS READING REVIEWS
    Computer Software Company28%
    Comms Service Provider20%
    Financial Services Firm8%
    Energy/Utilities Company5%
    Company Size
    No Data Available
    REVIEWERS
    Small Business20%
    Midsize Enterprise15%
    Large Enterprise65%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise18%
    Large Enterprise59%
    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.

    Redwood Business Process Automation - Finance Edition is ranked 16th in Robotic Process Automation (RPA) with 1 review while UiPath is ranked 1st in Robotic Process Automation (RPA) with 124 reviews. Redwood Business Process Automation - Finance Edition is rated 10.0, while UiPath is rated 8.6. 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), IBM Robotic Process Automation (RPA) and Microsoft Power Automate, whereas UiPath is most compared with Microsoft Power Automate, Automation Anywhere (AA), Blue Prism, Kryon RPA and Pega Robotic Process Automation.

    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.