We performed a comparison between Kofax RPA 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.
"It is stable and scalable."
"It is very simple and easy to learn compared to any other RPA tools such as UiPath, Automation Anywhere and Blue Prism."
"The pricing of the solution is quite good."
"The flexibility to use already-developed components is really good. You can use it for Excel-related operations and other things."
"The ability to script information from websites is most valuable. It also seems to be fairly robust and reasonably easy to manage on a server-based deployment. We have a number of robots operating on the central server."
"Provides valuable tools working in integration with RPA tools."
"The most valuable feature of Kofax RPA is the simplicity of automating tasks."
"The most valuable features are workflow and process automation."
"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."
"There is really nothing special about the capabilities of this product."
"Kofax RPA could improve web-based automation and there should be a choice of what browser we can use, such as Google Chrome, instead of an inbuilt browser from Kofax RPA. Additionally, Kofax RPA is missing an orchestrator that other solutions have, such as UiPath."
"Automation with the latest websites is not effective. The support of newer websites developed using new technologies would improve this solution."
"We are on version 10.6, and the current version seems to be 11. Kofax is cycling the capabilities of the product very quickly. One of the difficulties has been to actually keep up with the capabilities as they've evolved. On the one hand, it is good that the product is getting better, but on the other hand, it is difficult to implement the best way with a product that is evolving constantly."
"Its documentation is not widely available on the web. They should work on the availability of its documentation. In Automation Anywhere, there is a feature called Discovery Bot that automatically records the process steps and suggests a possible bot. I am not sure if such a feature is available in Kofax. If it is not available, it will be very good to have this feature. "
"The product needs more AI capabilities."
"I would like to see them further enhance the OCR, specifically in the multi-language support."
"Exception handling needs to be improved."
"Mapping the process steps to an existing R2R process quickly would be a definite step forward."
Eliminate Errors by Automating Data Gathering and Input
Reduce error-prone, manual data entry and complete processes the same way, every time, resulting in more accurate, reliable outcomes. Automate virtually any activity that involves accessing and acting on information.
Increase Operational Efficiency with Intelligent Software Robots
Streamline the collection of important business data so you can stop draining your budget and resources. Infuse speed, intelligence, efficiency and quality into your business processes while freeing up your employees for more valuable work.
Lower Development Costs without the Need for Coding
Develop robotic automation processes to automatically run complex integrations and access any web data source without the need for costly and time-consuming coding. Efficiently complete automation projects that have been previously delayed due to more pressing needs.
Extend the Value of Business Process Automation (BPM) Solutions
Deploy robotic process automation (RPA) tactically within a business unit to meet your specific goals for a part of or the entire process. Run RPA as complementary to your business management (BPM) and case management platforms—using robots at various steps within a larger set of key business processes to further eliminate manual work.
Monitor and Optimize Processes with Robotic Process Intelligence
Proactively monitor and optimize the health of your robotic process automation platform with Kapow Robotic Process Intelligence. Monitor trends, ensure compliance, detect potential problems in real time and maximize the productivity of your digital workforce.
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.
Kofax RPA is ranked 12th in Robotic Process Automation (RPA) with 9 reviews while Redwood Software - Finance Automation Edition is ranked 14th in Robotic Process Automation (RPA) with 1 review. Kofax RPA is rated 7.2, while Redwood Software - Finance Automation Edition is rated 10.0. The top reviewer of Kofax RPA writes "Stable, scalable, and provides flexibility to use already-developed components, but its documentation is not widely available and it needs a feature similar to Discovery Bot". On the other hand, the top reviewer of Redwood Software - Finance Automation Edition writes "Out-of-the-box modules help to save time in development and reduce human error". Kofax RPA is most compared with UiPath, ABBYY FlexiCapture, Blue Prism, Microsoft Power Automate and Automation Anywhere (AA), whereas Redwood Software - Finance Automation Edition is most compared with UiPath, Blue Prism, BlackLine, Automation Anywhere (AA) and Microsoft Power Automate.
See our list of best Robotic Process Automation (RPA) vendors.
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