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Longview Analytics vs Redwood Software - Finance Automation Edition comparison

 

Comparison Buyer's Guide

Executive Summary

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

Longview Analytics
Ranking in Financial Close Software
15th
Average Rating
7.2
Reviews Sentiment
6.6
Number of Reviews
4
Ranking in other categories
Business Performance Management (18th), Reporting (31st)
Redwood Software - Finance ...
Ranking in Financial Close Software
17th
Average Rating
9.0
Reviews Sentiment
7.5
Number of Reviews
3
Ranking in other categories
Robotic Process Automation (RPA) (28th)
 

Mindshare comparison

As of July 2026, in the Financial Close Software category, the mindshare of Longview Analytics is 5.0%, up from 3.3% compared to the previous year. The mindshare of Redwood Software - Finance Automation Edition is 3.1%, up from 2.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software Mindshare Distribution
ProductMindshare (%)
Longview Analytics5.0%
Redwood Software - Finance Automation Edition3.1%
Other91.9%
Financial Close Software
 

Featured Reviews

it_user221853 - PeerSpot reviewer
Technology Lead Onsite at a tech services company with 10,001+ employees
The database setup is a pain initially, but once it's done everything works fine.
The ability to report multi-dimensionally and the scalability This tool is mainly used for forecasting, and it will, for sure, help all the organizations that need data/reports on expenses and headcount forecasting. This could be made more developer friendly, and could include the ability to…
RC
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.

Quotes from Members

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

Pros

"Well certainly this product has helped many finance users in the organization as this product enables them to see the numbers for any cost center and business unit and also get a consolidated view of group level numbers."
"This product offers a wide range of corporate performance management tools for powerful financial consolidation, planning and reporting."
"Khalix is a simple tool that builds on existing data sources to develop solutions in forecasting, planning and consolidation needs."
"This tool is mainly used for forecasting, and it will, for sure, help all the organizations that need data/reports on expenses and headcount forecasting."
"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."
"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."
"So the best thing is ease of use."
 

Cons

"The initial set up was complex and painful, both with respect to database setup and the execution script."
"The original cost is set to use enterprise wide but the users growth is too slow to justify the cost. That's one of the reasons we stopped using this tool."
"If you compare it with Oracle then Longview isn't that user friendly."
"Web based reporting can have better user interface and functions."
"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."
"Mapping the process steps to an existing R2R process quickly would be a definite step forward."
"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."
 

Pricing and Cost Advice

Information not available
"The licensing was purely based on the number of transactions being processed in production."
report
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902,894 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Manufacturing Company
15%
Construction Company
11%
Retailer
9%
Computer Software Company
7%
Manufacturing Company
18%
Construction Company
11%
Performing Arts
10%
Financial Services Firm
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Also Known As

arcplan, Longview Close, Longview CPM, Longview Tax
Redwood Business Process Automation - Finance Edition, Redwood Robotics, Redwood Finance Automation
 

Overview

 

Sample Customers

ADAC, Acuity Brands, Akzo Nobel, Allegheny Energy, Allianz, AluNorf, Amcor, BASF, Banco Central de Chile, Baerlocher, Bauhaus, Bayer, BMW Financial Services, BNI, Bosch, Bristol-Myers Squibb, B/S/H/, Charmer Sunbelt, China Cargo Airlines, City of Edmonton, Commerzbank, Dachser, Daimler, Darling Ingredients, Deichmann, Deutsche Bank, Deutsche Telekom, DFS, EnBW, Faber Castell, FPT, Fraport, Fritz Egger, Guohua Wind Power, Griesson - de Beukelaer, GS Retail, GT Solar, Hailo, Haniel, HCA, H.C. Starck, H-E-B, Hella, Henkel, Hermes Fulfilment, Hitachi, HORIBA, Hunan Tobacco, Hyundai, Iberia, Intersport, Kaiser + Kraft, KDVZ Frechen, Knorr-Bremse, Lanxess, Leifheit, LG Electronics, Liberty Mutual, Lowe´s, Lufthansa, Lupin, Martin Marietta, Media-Saturn, MetLife, Merck, Migros, NKD, Nobilia, Nokia, Novartis, OBI, Oman Oilfields, Ottobock, Petco, Philip Morris, PSCU, Reitan, Robert Bosch, Roche, RWE, Samsung Electronics, Scripps Health, Siemens, Sinopec Shandong, SMS Group, Sodexo, Southwest Airlines, Stadtwerke Bremen, Swiss Post, Takeda, Telefonica, ThyssenKrupp, TNT Express, TrustX, Turner Broadcasting, T¾V Rheinland, UBS, Veolia Water, Vigor, Vodafone, Voestalpine, Wacker, Waste Management, Wegmans, Wirtgen, World Economic Forum, Yunnan Tobacco, ZFV
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Find out what your peers are saying about Longview Analytics vs. Redwood Software - Finance Automation Edition and other solutions. Updated: June 2026.
902,894 professionals have used our research since 2012.