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2019-09-09T00:01:00Z

RPA Roundup: Why RPA Fails, Cool RPA Feature, and More

Russell Rothstein - PeerSpot reviewer
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Published:Sep 9, 2019
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Hi, I work for SciTren, an energy company. What would be the best AI-powered solution for managing a finance department? Thanks for the help!
JU
Aug 15, 2023
Aug 15, 2023
Little background about my company so you understand my answer. We are an 'as a Service' company that designs, builds, implements, monitors, maintains Bots and AI for the SMB marketplace. We provide this to SMBs because they typically can't afford a platform like UiPath. Now, to your question. What you are talking about with regards to UiPath vs Ranorex is basically comparing apples to oranges....
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NR
Aug 15, 2023
Little background about my company so you understand my answer. We are an 'as a Service' company that designs, builds, implements, monitors, maintains Bots and AI for the SMB marketplace. We provide this to SMBs because they typically can't afford a platform like UiPath. Now, to your question. What you are talking about with regards to UiPath vs Ranorex is basically comparing apples to oranges. UiPath is a RPA solution (Robotic Process Automation) that is used in any area. It can be used in the Accounting department to consolidate AR and AP, it can be used in a business's core business (eg. I know an insurance company that is using an RPA solution to automate Claims Adjustments), and it can be used in Sales and Marketing. Ranorex is an automation solution that has a very specific purpose - automation of testing of applications after compilation. So, two different tools, one that is general purpose process automation and one that is focused specifically on test automation. I don't know the pricing of Ranorex but UiPath is quite pricey (get your own quotes but the base platform is something like $75K and then the bots have a monthly licensing fee of $1500 - $2000 (to give a comparison, our offering is a setup fee per bot of$5000 and a monthly monitoring/management fee of $500 - $1500 which has us monitoring the bot in case it breaks or needs to be updated). So keep in mind what you want to do and what type of pricing you want to deal with. Oh, and FYI, UiPath is considered the leader in the Automation space from a platform point of view.
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