Edgeverve AssistEdge Cloud RPA vs Redwood Software - Finance Automation Edition comparison

Infosys and Redwood Software are both solutions in the Robotic Process Automation (RPA) category. Infosys is ranked #45, while Redwood Software is ranked #27. Infosys holds a 0.9% mindshare in RPA, compared to Redwood Software’s 1.5% mindshare. Additionally, 80% of Redwood Software users are willing to recommend the solution.

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Executive Summary

We performed a comparison between Edgeverve AssistEdge Cloud RPA and Redwood Software - Finance Automation Edition based on real PeerSpot user reviews.

Find out what your peers are saying about UiPath, Automation Anywhere, Microsoft and others in Robotic Process Automation (RPA).

To learn more, read our detailed Robotic Process Automation (RPA) Report (Updated: June 2026).

Buyer's Guide

Robotic Process Automation (RPA)

June 2026

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Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

Automation Anywhere

Mindshare comparison

As of June 2026, in the Robotic Process Automation (RPA) category, the mindshare of Automation Anywhere is 5.5%, down from 10.0% compared to the previous year. The mindshare of Edgeverve AssistEdge Cloud RPA is 0.9%, up from 0.2% compared to the previous year. The mindshare of Redwood Software - Finance Automation Edition is 1.5%, up from 0.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Robotic Process Automation (RPA) Mindshare Distribution
Product	Mindshare (%)
Automation Anywhere	5.5%
Redwood Software - Finance Automation Edition	1.5%
Edgeverve AssistEdge Cloud RPA	0.9%
Other	92.1%

Robotic Process Automation (RPA)

Featured Reviews

Venkat Sivaprakash

Management Consultant at Accenture

Has significantly improved document-driven workflows and reduced processing time across finance and HR functions

Automation Anywhere has evolved significantly and upgraded itself to provide agentic AI and AI-based automation solutions for document automation. The product has matured considerably over time. We can create workflows that can call an API. We can include prompts in particular workflows for ChatGPT-related functions, connecting to an LLM and RAG to perform tasks. For document automation, modern features are available to train documents, ensuring high accuracy and repeatability over time. The system is very easy to use. I recently completed a course in document automation, typically designed for people involved in coding and technical aspects. Though I understand coding comprehensively, I don't do actual coding. The course was very accessible. Currently, extensive coding isn't necessary due to the hybrid model incorporating GenAI aspects, low-code, no-code capabilities, APIs, and numerous pre-built objects in Automation Anywhere. The features include GenAI-driven prompting methods and workflow creation capabilities. In these workflows, we can create decision boxes and call APIs without coding. We simply pull objects, drop them, connect them, and add minimal coding when needed. The most crucial aspect isn't coding but rather sizing the automation and fleshing out the details. Automation Co-pilot takes notes and performs automated analysis. It can extract details from videos, summarize conversations, and provide detailed information. During calls, it identifies instructions and performs tasks such as preparing reports and reconciliation. Automation Anywhere can also connect with Microsoft Co-pilot. Through Co-pilot, real-time operations can be executed, allowing direct interaction between vendors and automation through this component.

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reviewer1412862

Senior Director at a tech services company with 51-200 employees

Stable with good cross-integration between modules, but the training needs to be improved

We mainly use UiPath as our RPA platform. I have looked at several other solutions that include the bigger ones, Blue Prism, and Automation Anywhere. We have experience in developing bots in all three of these. It is difficult to move from UiPath to EdgeVerve when UiPath is so good at getting people in the door. They've got a great ecosystem and a great training model. Every other system is more challenging to use. To get an EdgeVerve license, for example, you need to have an NDA in place to use it. Blue Prism is even worse, although, with them, you just have to pay more money. By not democratizing the software and the way to utilize it, smaller companies like EdgeVerve and even Blue Prism, to a certain extent, have suffered in terms of growth. The three leaders at the top do a pretty good job. Outside of workflow, they do a pretty good job, and that's why the customers buy, so you have to be strong on those. As far as the tools are concerned, RPA is RPA, and everybody generally does it in the same way. What is probably going to start distinguishing between products is the use of AI. When AI really overtakes the selectors for RDA, robotic desktop automation, when you have to really rely on the backdrop of the DOM to get at the element, the use of AI and more efficient on-prem AI solutions is going to really make that a better experience. The on-premises distinction is important because there's latency when you hit the cloud. Ultimately, to me, the toolsets are all the same. Drag and drop, the ability to create custom activities in terms of creating your libraries, and that kind of thing, they're all there. This past year has been ridiculous in terms of how all of the tools have progressed. What they were a year ago versus what they are today, is a considerable and significant difference. For example, I have totally redesigned my solutions and architectures over the past year.

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Ram Chenna

Enterprise Architect at a consultancy with 10,001+ employees

Single bot now replaces five associates who previously handled finance processes and eliminates manual errors

Everything seems to be working well. However, I see value in integrating AI for automation. So, I would like to see AI integration for automation in future releases. Ideally, after I perform postings, I would like to leverage a generative AI model. This would allow me to type a query or question directly to the bot, and it would retrieve the information I need. For example, I could ask for the number of invoices, the status of specific invoices, or any other relevant data. Currently, we achieve this by building our own Finance model. So, integrating a pre-built finance model with the tool would be much easier and more efficient for reporting purposes. We're looking at several potential uses for this AI model. It could empower various user groups, including regular finance executives, customers, and even vendors to submit queries. Additionally, our leadership team is interested in using the AI model to generate reports directly on the Redwood dashboard. This functionality could potentially replace the need for BSpoke Solutions and the manual generation of BSpoke reports, streamlining the entire reporting process.

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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

"The ROI is very good because the output is very accurate and the speed is very fast."

"When anybody talks about Robotic Process Automation, Automation Anywhere is the first thing that comes to my mind."

"The technical support is good, and we have not had any issues."

"This solution is easy to use and easy to learn compared to Blue Prism, UiPath, and others."

"The solution's primary benefit is improved efficiency. Automation Anywhere enabled us to enhance many processes that were previously done manually. It helps save time while improving compliance by keeping the data clean. We've also increased visibility for our end-users because we use the data from Automation Anywhere to build dashboards."

"The scheduling feature allows for scheduling of the bots to a specific time every day, which helped remove the dependency on humans completely."

"Automation Anywhere has helped our customers' organizations speed up their processes and reduce the workload for their staff."

"For people looking for my recommendation for an automation product, I definitely would recommend Automation Anywhere instead of going for a more orthodox or older technology."

More Automation Anywhere pros

"I would say that the cross-integration between different modules, such as between the OCR, RPA, and ML, is the most valuable feature."

"EdgeVerve is a bit like Appian, where they have full suites that have a great deal of functionality."

"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."

"Unlike other automation tools, Redwood has a unique space in finance automation, where standard SAP modules are used for automating every step in the process, quickly and easily."

"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."

"So the best thing is ease of use."

Cons

"The accuracy in Web Recorder needs to be improved, defective outputs found most of the time (not sure if is a website side issue)."

"When dealing with a large number of variables, uploading them directly from an Excel sheet to Automation Anywhere is not supported."

"We face issues when we need to increase volumes. Currently, it is failing for some reason, and we don't know the reason. It fails or stops, then we need to see what is going on. We have to fix that, then our developers need to rerun it. These are mostly practical challenges for our team who uses it on daily basis."

"Integrations should be included with the analytics platforms and third-party SAP, enterprise-level applications, as well as if there are any built-in connectors where you can connect with the ERPs to automate the required teams."

"Not all data is good quality. This presents a challenge for automation, which is important."

"There is room for improvement in the stability of this product."

"Working with the Automation Anywhere servers and domains have proven to be difficult. We are trying to get more licenses and servers set up, so we can run multiple scenarios simultaneously."

"Automation Anywhere should make it easier for developers to manage queues and exception handling. The OCR component could also be better. We have had to use other OCR tools to get information from the account documents."

More Automation Anywhere cons

"Better training and better accessibility of the tools are the things that need to be improved."

"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."

"This is where the real challenge is, having a licensing cost that needs to be compared with the existing manual operational cost and coming up with a competitive licensing and pricing model."

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

Pricing and Cost Advice

"We have reduced our headcount, approximately 200 to 300 employees, by eliminating manual, repetitive work. It provides profit to the business."

"The licensing cost for Automation Anywhere is high."

"On average, a bot runner in Automation Anywhere can cost $5,000, while in Microsoft Power Automate, you can get most of the same functionality for $100."

"I don't know exactly what the pricing schemes are for the product as this type of negotiation is not my responsibility, but I think the basic pricing comes to $15,000."

"Its usage is expensive for us because my user base is mostly in Manila and KL. The unit cost of labor is cheaper there than in the U.S. or Australia, which puts a bit more stress on how to get a positive ROI while continuing to use it."

"There are a lot of savings in terms of effort and time as well as costs. Automation Anywhere automates a lot of processes. It allows an organization to save the efforts of a lot people. It saves a lot of time because people can't work a whole day (24/7), but Automation Anywhere bots can."

"I am not sure about the costs, but two Bot Runners and four Bot Creators may cost approximately 1CR."

"Automation Anywhere is flexible in terms of costing and licensing."

More Automation Anywhere pricing and cost advice

Information not available

"The licensing was purely based on the number of transactions being processed in production."

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902,588 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Financial Services Firm

17%

Construction Company

12%

Manufacturing Company

11%

Computer Software Company

No data available

Manufacturing Company

18%

Construction Company

11%

Performing Arts

10%

Financial Services Firm

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	154
Midsize Enterprise	82
Large Enterprise	536

No data available

Questions from the Community

How good is Automation Anywhere for RPA processes?

It depends on your use case. Is it simply to automate a couple of processes? Is it to augment a human team? AA is ver...

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How good is Automation Anywhere for RPA processes?

From my experience using AA tool, it depends on the applications that you want to automate, because there some applic...

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How good is Automation Anywhere for RPA processes?

It is a highly preferred RPA tool. You can check my Automation Anywhere Review to know more.

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Comparisons

UiPath Platform vs Automation Anywhere

Compared 13% of the time

Microsoft Power Automate vs Automation Anywhere

Compared 10% of the time

Blue Prism vs Automation Anywhere

Compared 7% of the time

WorkFusion vs Automation Anywhere

Compared 2% of the time

AutomationEdge vs Automation Anywhere

Compared 2% of the time

More Automation Anywhere Competitors

UiPath Platform vs Edgeverve AssistEdge Cloud RPA

Compared 15% of the time

Microsoft Power Automate vs Edgeverve AssistEdge Cloud RPA

Compared 12% of the time

Automai RPA vs Edgeverve AssistEdge Cloud RPA

Compared 11% of the time

BotFarm vs Edgeverve AssistEdge Cloud RPA

Compared 10% of the time

WorkFusion vs Edgeverve AssistEdge Cloud RPA

Compared 3% of the time

More Edgeverve AssistEdge Cloud RPA Competitors

UiPath Platform vs Redwood Software - Finance Automation Edition

Compared 13% of the time

Fortra's Automate vs Redwood Software - Finance Automation Edition

Compared 7% of the time

Blue Prism vs Redwood Software - Finance Automation Edition

Compared 7% of the time

WorkFusion vs Redwood Software - Finance Automation Edition

Compared 6% of the time

epiplex Automation Studio vs Redwood Software - Finance Automation Edition

Compared 3% of the time

More Redwood Software - Finance Automation Edition Competitors

Product Reports

Buyer's Guide

Automation Anywhere

June 2026

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Buyer's Guide

Robotic Process Automation (RPA)

June 2026

Download Edgeverve AssistEdge Cloud RPA product report

Buyer's Guide

Redwood Software - Finance Automation Edition

June 2026

Redwood Software - Finance Automation Edition report

Download Redwood Software - Finance Automation Edition product report

Also Known As

Automation Anywhere, Testing Anywhere, Automation Anywhere Enterprise, Agentic Process Automation System (Now Certified for WorkSpaces)

No data available

Redwood Business Process Automation - Finance Edition, Redwood Robotics, Redwood Finance Automation

Interactive Demo

Automation Anywhere

Demo not available

Infosys

Demo not available

Redwood Software

Overview

Automation Anywhere offers ease of use, robust system connectivity, and GenAI-driven document automation through a cloud-native platform, significantly enhancing productivity across multiple industries with advanced AI features.

Delivering a comprehensive suite of tools designed for easy integration and rapid deployment, Automation Anywhere drives efficiency by reducing costs and automating repetitive tasks. Its cloud-native platform supports broad industry adoption, including advanced AI features like process automation and Co-Pilot, streamlining complex workflows with minimal technical skills required. Users benefit from robust integration capabilities, which facilitate seamless interaction with multiple systems. However, there is room for improvement in areas such as user-friendliness for beginners, stability, flexible licensing, and enhanced OCR functionality. Organizations in sectors such as banking, finance, manufacturing, and healthcare gain from the improved operational efficiency and ROI Automation Anywhere offers.

What are the important features of Automation Anywhere?

Ease of Use: Simplifies automation tasks with a user-centric interface.
Robust Connectivity: Provides seamless integration with multiple systems.
GenAI-Driven Document Automation: Leverages AI to automate document management.
Process Automation & Co-Pilot: Enhances workflow automation with advanced AI.
Cloud-Native Platform: Enables rapid deployment and integration.

What benefits should be evaluated in reviews?

Time Savings: Automation drastically reduces manual processing time.
Cost Efficiency: Decreases overall operational costs by automating tasks.
Productivity Enhancement: Streamlines workflows with AI-driven tools.
Improved Integration: Enhances ability to work with multiple systems.
Scalability: Supports growth with a flexible cloud-native architecture.

In the insurance industry, Automation Anywhere is utilized for automating processes such as enrollment management and compliance checks. Its applications extend to supply chain management, financial transactions, and business performance monitoring across sectors like banking, finance, manufacturing, and healthcare, helping organizations to automate routine tasks, improve efficiency, and reduce costs.

Automation Anywhere

Edgeverve AssistEdge Cloud RPA is designed to streamline business processes by automating repetitive tasks. It's a powerful tool that enhances efficiency and productivity across various sectors.

Edgeverve AssistEdge Cloud RPA stands out for its robust automation capabilities, offering flexibility and scalability to meet diverse business demands. It efficiently automates workflows, reducing manual intervention, and enhancing operational efficiency, fostering a seamless integration with existing IT infrastructures.

What are the key features of Edgeverve AssistEdge Cloud RPA?

Cloud Deployment: Enables easy scaling and access, minimizing infrastructure costs.
Analytics Dashboard: Provides real-time insights for performance monitoring and decision making.
Security: Offers robust data protection with advanced encryption protocols.
AI Integration: Enhances automation capabilities through artificial intelligence.
Drag-and-Drop Interface: Simplifies process creation and modification without technical expertise.

What benefits and ROI should be evaluated in reviews?

Cost Efficiency: Significant reduction in operational costs through process automation.
Time Savings: Reduces time spent on repetitive tasks, allowing focus on strategic activities.
Scalability: Easily adapts to changing business needs without additional investment.
Improved Accuracy: Minimizes human error, ensuring consistent and reliable outputs.
Increased Productivity: Frees up resources for more critical tasks, leading to enhanced productivity.

Edgeverve AssistEdge Cloud RPA has found applications in industries such as finance, healthcare, and retail. In finance, it automates transaction processing, facilitating faster and more accurate services. Healthcare organizations use it for patient data management, increasing data accuracy and security. Retailers benefit from automating inventory and order processing, improving supply chain efficiency. Its flexibility and scalability make it a viable solution across different sectors.

Infosys

Redwood Software - Finance Automation Edition streamlines finance operations with automation capabilities designed to enhance efficiency and accuracy in financial processes.

Redwood Software - Finance Automation Edition addresses the diverse needs of finance departments, automating manual tasks, reducing errors, and improving data accuracy. By integrating seamlessly with existing systems, it ensures that financial operations run smoothly, saving valuable time and resources. It caters to the complex requirements of financial management, making it a trusted choice for companies worldwide seeking to optimize their financial automation strategies.

What are the key features of Redwood Software - Finance Automation Edition?

Automated Financial Close: Streamlines the financial close process, reducing time and effort.
Real-time Reporting: Provides up-to-date financial reports for better decision-making.
Integration Capabilities: Easily integrates with existing financial systems to enhance functionality.
Compliance Management: Ensures adherence to regulatory standards with automated checks.

What benefits and ROI can users expect?

Cost Efficiency: Reduces costs associated with manual processing.
Time Savings: Frees up staff to focus on strategic tasks by automating routine processes.
Error Reduction: Minimizes errors in financial data with automated checks.
Enhanced Compliance: Supports compliance with automated regulatory updates and monitoring.

In industries such as banking, insurance, and manufacturing, Redwood Software - Finance Automation Edition is implemented to handle complex financial tasks efficiently. Banking institutions use it to optimize regulatory reporting, while insurance companies benefit from automated reconciliation processes. In manufacturing, it aids in streamlining financial operations, ensuring precision and reliability in cost management.

Redwood Software

Sample Customers

Google, Linkedin, Cisco, Juniper Networks, DellEMC, Comcast, Mastercard, Quest Diagnostics

Information Not Available

ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,

Buyer's Guide

Robotic Process Automation (RPA)

June 2026

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Find out what your peers are saying about UiPath, Automation Anywhere, Microsoft and others in Robotic Process Automation (RPA). Updated: June 2026.

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