Pega Robotic Process Automation vs Redwood Software - Finance Automation Edition comparison

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Executive Summary

We performed a comparison between Pega Robotic Process Automation 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: November 2022).
656,474 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The initial setup is pretty easy and quite fast.""They are leaders in the same industry.""We have a very large operational team and we are able to avoid mistakes and ensure accuracy and speed using Pega.""The feature I like best in Pega Robotic Process Automation is that I'm able to add external DLL section codes. I can inject the JavaScript, and I can write VB.NET, C#.NET, and DLL codes, then inject those codes into the existing process. Mainly, from a development perspective, I like that feature a lot, so if anything is not supported by Pega Robotic Process Automation, then I can build that either in JavaScript or in .NET, then use those functions within the IP.""Pega Robotic Process Automation's most valuable feature is that it is robust. Additionally, they have plenty of online documents that are good and Pega Academy is helpful, they are doing a great job. They give training on practical use cases. They take domain use cases, and they are great.""The workflow system is very intuitive.""Its stability has been good.""The low-code/no-code development aspect of the solution is great."

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"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."

More Redwood Software - Finance Automation Edition Pros →

Cons
"What I don't like that much in Pega Robotic Process Automation is its monitoring tool because that tool is tightly connected with the platform. If the Pega team can deploy the monitoring tool separately, so that it's a separate solution altogether, then that would be good because currently, if you have to use the monitoring tool, then that means you have to use the Pega Robotic Process Automation platform. The initial setup for Pega Robotic Process Automation also needs improvement because it is complex. The only additional feature I'd like to see in the solution is for the monitoring tool to be a stand-alone rather than being tightly coupled with the Pega platform. Looking at the current features of Pega Robotic Process Automation concerning application automation, it covers most of my needs currently.""The orchestration needs to be better.""The handwritten structured and semi-structured data recognition accuracy is much lower and is an area that definitely needs to improve.""The development experience needs to be improved.""They have tied the deployment with the Pega BPM product, the robot manager. You need to have the BPM installed.""I would like to see an enhanced auditing feature included.""Excel connectors need to be improved as there are a few connectors in Excel areas.""Pega Robotic Process Automation scalability is too low."

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

More Redwood Software - Finance Automation Edition Cons →

Pricing and Cost Advice
  • "Pega is pretty costly."
  • "Pega Robotic Process Automation is an expensive solution."
  • "In terms of Pega Robotic Process Automation pricing, I would rate it a five out of five because the solution has a good price. Pricing is not very high, though I'm unsure of the exact cost, based on my experience, the price for Pega Robotic Process Automation is less than Blue Prism because I worked with a few clients that have both solutions and my clients prefer Pega Robotic Process Automation over Blue Prism particularly because of the licensing costs."
  • More Pega Robotic Process Automation Pricing and Cost Advice →

  • "The licensing was purely based on the number of transactions being processed in production."
  • More Redwood Software - Finance Automation Edition Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:I don't have too much knowledge of the exact pricing of the product.
    Top Answer:The orchestration needs to be better. It needs to offer an end-to-end solution similar to Google Chrome Universal Web adapters. They have few limitations in comparison. Technical support could be more… more »
    Top Answer: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.
    Top Answer:To an extent, there is a definite cost involved in terms of setting up the right infrastructure and the licensing model. This needs a good discussion on the licensing and pricing model, which can be… more »
    Top Answer:This is a tricky question, but certainly, some improvements are definitely needed in the template-based approach and modularity of design. Mapping the process steps to an existing R2R process quickly… more »
    Ranking
    Views
    5,827
    Comparisons
    4,718
    Reviews
    9
    Average Words per Review
    706
    Rating
    7.8
    Views
    1,023
    Comparisons
    652
    Reviews
    1
    Average Words per Review
    1,116
    Rating
    10.0
    Comparisons
    Also Known As
    Pega RPA, OpenSpan
    Redwood Business Process Automation - Finance Edition, Redwood Robotics, Redwood Finance Automation
    Learn More
    Pega
    Video Not Available
    Overview

    With Pega Robotic Process Automation (RPA), organizations can automate the mundane, tedious, time-consuming, manual work that is hampering productivity and efficiency. Whether adjudicating claims, onboarding customers or employees, reconciling financials, updating customer information in systems record, Pega RPA can manage the work across your enterprise.

    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.

    Offer
    Learn more about Pega Robotic Process Automation
    Learn more about Redwood Software - Finance Automation Edition
    Sample Customers
    eBay Enterprise, M&I Bank
    ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company21%
    Financial Services Firm18%
    Comms Service Provider9%
    Insurance Company8%
    VISITORS READING REVIEWS
    Computer Software Company28%
    Energy/Utilities Company9%
    Financial Services Firm9%
    Comms Service Provider9%
    Company Size
    REVIEWERS
    Small Business29%
    Midsize Enterprise6%
    Large Enterprise65%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise10%
    Large Enterprise73%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise19%
    Large Enterprise62%
    Buyer's Guide
    Robotic Process Automation (RPA)
    November 2022
    Find out what your peers are saying about UiPath, Automation Anywhere, Microsoft and others in Robotic Process Automation (RPA). Updated: November 2022.
    656,474 professionals have used our research since 2012.

    Pega Robotic Process Automation 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. Pega Robotic Process Automation is rated 7.8, while Redwood Software - Finance Automation Edition is rated 10.0. The top reviewer of Pega Robotic Process Automation writes "Great for UI creation, helpful support services, and reliable". 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". Pega Robotic Process Automation is most compared with UiPath, Blue Prism, Automation Anywhere (AA), Microsoft Power Automate and Salesforce Sales Cloud, whereas Redwood Software - Finance Automation Edition is most compared with UiPath, Blue Prism, Automation Anywhere (AA), BlackLine and Microsoft Power Automate.

    See our list of best Robotic Process Automation (RPA) vendors.

    We monitor all Robotic Process Automation (RPA) reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.