We performed a comparison between ABBYY Vantage and Redwood Software - Finance Automation Edition based on real PeerSpot user reviews.
Find out in this report how the two Robotic Process Automation (RPA) solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."The ability to extract and insert data, then structuralize it into the actionable format, would be the most valuable."
"Compared to other tools, ABBYY Vantage is better because it's very user-friendly."
"It saves us a lot of manual work."
"Its OCR Engine is very successful, and it is the leading OCR Engine. It also has NLP support."
"We like the fact that this solution is enterprise-ready, so it can be deployed on-premises, scale it, etc."
"The solution responds well to automatic document classifications with a 90% success rate."
"Time-saving with increased levels of accuracy."
"The solution's AI technology is genius."
"So the best thing is ease of use."
"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."
"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 really good feature. This eliminates the need for extra coding or report generation. The audit report is readily available within the tool itself."
"There is always room for improvement in any product. Some of the configurations for the machine learning models for invoice reading are fairly complicated. There is so much customization that is possible with that sort of thing, so it makes sense that there are a lot of options, but some of the more important ones can be a little better streamlined or more upfront. Currently, machine learning models are a little bit difficult to configure satisfactorily."
"Their tutorials are not enough. They can improve the tutorials and maybe add more examples in their tutorials. Currently, if you want to learn ABBYY technology, it is very difficult. There are just a few resources, such as YouTube channels and blogs. There are not many resources for learning ABBYY."
"The price for trainings or certifications are on the very, very high side."
"We would like the workflow building within this solution to be more transparent, which would allow us to model the process."
"This solution should have better integration with RPA solutions such as Blue Prism."
"It would be good if the product provided an AI-based prebuilt model that predicts and gives output."
"One major area that requires improvement in ABBYY Vantage is its current JSON output format."
"Since we are using a trial version, we don't have administration access to create a tenant to integrate my OCR series with Postman."
"The room for balancing improvement lies in automation enhancement with respect to the feature areas, considering dealing directly with Excel and reviewing it to do some additional stuff for it in the end system so that reading the right thing, picking up the values, and everything."
"would like to see AI integration for automation in future releases. Post-automation, I envision a generative AI model. If I could ask the bot questions like the number of invoices or their current status, it should be able to provide answers directly."
"Mapping the process steps to an existing R2R process quickly would be a definite step forward."
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ABBYY Vantage is ranked 6th in Robotic Process Automation (RPA) with 46 reviews while Redwood Software - Finance Automation Edition is ranked 19th in Robotic Process Automation (RPA) with 3 reviews. ABBYY Vantage is rated 8.0, while Redwood Software - Finance Automation Edition is rated 9.0. The top reviewer of ABBYY Vantage writes "Genius-level AI with very easy setup and implementation processes". On the other hand, the top reviewer of Redwood Software - Finance Automation Edition writes "User-friendly and enables automation in finance, HR, and SDM". ABBYY Vantage is most compared with UiPath Document Understanding, UiPath, Microsoft Power Automate, HyperScience and Tungsten TotalAgility, whereas Redwood Software - Finance Automation Edition is most compared with UiPath, BlackLine, Blue Prism and Blue Prism Cloud. See our ABBYY Vantage vs. Redwood Software - Finance Automation Edition report.
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